6 164 Army Road Pakenham, VIC 3810

Pakenham, Cardinia, VIC, 3810

$ 1,073,000

Pakenham, Cardinia, VIC, 3810
6 164 Army Road Pakenham, VIC 3810-0

Property Images

6 164 Army Road Pakenham, VIC 3810-0
  • Co living
  • Property Type
  • 5
  • Bedrooms
  • 5
  • Bathrooms
  • 1
  • Cars
  • 186

Details

Updated on Aug 19, 2026

Property Type: Co living
Price: $ 1,073,000
Land Price: $ 519,000
Build Price: $ 554,000
Gross Per Week: $ 1650**
Gross Per Annum: $ 85,800
Gross Yield: 8%
Capital Growth 12 Months: 6.15%
10Yr Annualised Growth: 7.18%
Vacancy Rate: 0.01%
Property Size: 186 m2
Land Area: 511 m2
Bedrooms: 5
Bathrooms: 5
Parking: 1
Title Status: Registered
Property ID: 34872
SKU: 1045

Features

  • Split system air-con units to all bedrooms
  • 2,700mm high ceilings throughout
  • 20mm stone edging to stove and kitchen island benchtop
  • Electric 600mm kitchen appliances & 600mm dishwasher
  • Study bench to all bedrooms (as per plan)
  • Timber laminate flooring to entry, living and kitchen areas
  • Tiles to wet areas; carpets to bedrooms
  • Flyscreens on all openable windows
  • Coloured concrete to driveway and path
  • Landscaping, fencing, clothesline and letterbox
  • LED lights throughout the house
  • Sectional panel lift garage door with 2 remote controls
  • Fixed site costs up to P-class* (excluding rock removal & retaining walls)

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

Situated in the thriving suburb of Pakenham, this Co Living presents an excellent opportunity for modern living and investment. With 5 bedrooms, 5 bathrooms and 1 car space/s, it is thoughtfully designed to suit today's lifestyle needs. Its efficient use of space ensures comfort while maintaining low maintenance requirements. Ideal for investors, it offers a strong balance of rental appeal and future growth potential. A smart choice in a high-demand location.

Pakenham is a thriving growth corridor in Victoria, located within Melbourne's expanding southeast. Known for its excellent connectivity via rail and freeway access, the suburb offers a balance of urban convenience and community living. Families, young professionals, and investors are drawn to its strong infrastructure, retail precincts, and schools. Continued development in transport and amenities ensures ongoing capital growth potential.

Designed to perform in today's rental market, this Co Living in Pakenham combines reliable yield with capital appreciation potential. It's a well-rounded opportunity that fits both short-term goals and long-term strategies. A solid investment you can depend on.

A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.

Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.

A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.

Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.

A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.

Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions in urban areas.

Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.

You can read more about Co-Living here: https://ausinvestmentproperties.com.au/blogs/co-living-the-future-of-australian-housing

Floor plans

floor_plan.png
Address 6 164 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

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