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22 Thwaites Road, Pakenham$920,000
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For Salehouse

22 Thwaites Road

Pakenham, VIC 3810, Australia
$890,000 – $950,000
3 bed 1 bath 3 car1314 m²

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About this property

Set on a generous 1,313 m² (approx.) site, this exceptional property comes with approved plans and permits for four architecturally designed two-storey townhouses. All the groundwork has been done including endorsed plans, full landscape design and council approval through Cardinia Shire. The designs feature spacious 22 square, light-filled layouts, double garages, with private open spaces that appeal strongly to modern buyers and renters alike. With plenty of time to get started with the recent extension to commence and complete the development. The permit being valid till 09 October 2027 to commence works and till 09 October 2029 to complete works. The existing three-bedroom home comes with a secure long-term renter, providing immediate holding income while you prepare to build or land-bank for future growth. Highlights Large 1,313 m² (approx.) residential allotment Plans and permits approved for 4 two-storey townhouses Full set of endorsed architectural and landscape plans included Existing 3-bedroom home with reliable tenant in place Ideal opportunity for builders, developers, or investors Quiet residential street close to Pakenham station, schools, shops & freeway access With all approvals complete and income in place, this is a turnkey development opportunity in one of Pakenham's fastest-growing pockets.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
3
Land Area
1314 m²
Listed
3 months ago

Repayment calculator

$4,460/month
$2,230 /fortnight
Loan $736,000 at 6.10% over 30 years

Upfront costs

Deposit$184,000
Stamp duty$50,270
Conveyancing (est.)$2,000
Total upfront$236,270
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Pakenham

This 3-bedroom house in Pakenham, VIC 3810 sits within reach of public transport, local shops and nearby schools. It is listed 37% above the $672,500 median of 66 comparable houseswithin 5 km.

Schools near Pakenham

  • Beaconhills Collegecombined · Prep-12 · CoEd
  • Lakeside Collegecombined · Prep-12 · CoEd
  • John Henry Primary Schoolprimary · Prep-6 · CoEd
  • Kuyim Primary Schoolprimary · Prep-5 · CoEd
  • Pakenham Consolidated Schoolprimary · Prep-6 · CoEd
  • Pakenham Hills Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Atkins Rd/Princes Hwy (bus)858 m away
  • Pakenham Heights Milk Bar478 m away
  • Atkins Road Reserve569 m away
  • Unnamed603 m away
  • Unnamed738 m away

Pakenham at a glance

Full suburb profile
Population
54,118
Median age
33
Household income
$1,664/wk
Median rent
$351/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Pakenham price trend

Median sold · House 3 bed

Compound growth +3.4% / yr over 4 yrs

$675kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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