TAG Real Estate Victoria is pleased to present a strategic 3-acre (approx. 1.25ha) Urban Growth Zone site positioned within the highly sought-after Pakenham East PSP.
Located in one of Melbourne’s fastest-growing corridors, this property offers a rare opportunity to secure a well-positioned landholding with strong future development upside.
Improved with an existing 6-bedroom residence, the site provides immediate holding flexibility while planning outcomes are realised.
With an estimated 100% net developable area and a potential yield of approximately 21–26 lots (STCA), this represents an efficient and highly attractive development opportunity. Further enhanced flexible outcomes including subdivision, childcare or alternative uses (STCA) supported by main road frontage.
Positioned just minutes from the newly opened East Pakenham Train Station, Princes Freeway access, and surrounded by major residential estates, the location continues to benefit from strong population growth and infrastructure investment.
Key Features:
-3 acres (approx. 1.25ha) UGZ land
-Located within Pakenham East PSP
-Approx. 100% net developable area
-Potential for 21–26 lots (STCA) / flexible development options (STCA)
-Existing 6-bedroom dwelling
-Strong growth corridor location
A rare opportunity to secure a well-located, high-efficiency development site in a rapidly evolving precinct.
Contact the TAG Real Estate Victoria team for a confidential discussion or to arrange a private inspection.
Avi Dhillon
Director | OIEC
📞 0450 137 207
Ana Ivascu
Sales Manager
📞 0415 450 400