Sold
23 Army Road Pakenham, VIC 3810
Pakenham, Cardinia, VIC, 3810$ 994,000
- Property Type
- 4
- Bedrooms
- 0
- Bathrooms
- 0
- Cars
- 201
Details
Updated on Aug 25, 2026
| Property Type: | |
|---|---|
| Price: | $ 994,000 |
| Land Price: | $ 476,000 |
| Build Price: | $ 518,000 |
| Gross Per Week: | $ 640** |
| Gross Per Annum: | $ 33,280 |
| Gross Yield: | 3.35% |
| Capital Growth 12 Months: | 6.15% |
| 10Yr Annualised Growth: | 7.18% |
| Vacancy Rate: | 0.94% |
| Property Size: | 201 m2 |
| Land Area: | 421 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 0 |
| Parking: | 0 |
| Title Status: | Registered |
| Property ID: | 35502 |
| SKU: | 1045 |
| Sold: | Sep 03, 2026 |
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Description
Located in Pakenham, this Multiple Occupancy is more than just a home, it's a smart investment opportunity. With 4 bedrooms, 0 bathrooms and 0 car space/s, it delivers functional design with modern living in mind. Investors will appreciate its strong yield potential, while residents will enjoy the comfort and convenience it provides every day. Set within a growth corridor, it combines lifestyle benefits with future financial returns. A property that works for you today and tomorrow.
Pakenham is a major growth suburb in Melbourne's south east with strong infrastructure, established retail and reliable transport links. The area offers schools, parks and rail services supporting steady owner occupier and tenant demand. Continued expansion of estates and amenities is driving long term growth and rental performance. Investors choose Pakenham for scale, convenience and consistent market depth.
This property represents a balanced investment, offering both lifestyle comfort and strong growth potential. Its design, location and functionality make it a dependable choice for investors and homeowners alike. A smart decision for those looking toward the future.
Floor plans
Address
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Address
23 Army Road Pakenham, VIC 3810
City
Cardinia
State
VIC
Postcode
3810
Suburb
Pakenham
Estate
Radison Estate
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
SMSF Single Contract
