Located a gentle stroll form Pakenham Main Street shopping, services and public transport this well configured property is a blue chip opportunity for first home buyers, investors or an opportunity for a boutique development. With a massive 894m, the allotment has a very attractive 22m road frontage opening possibilities of a duplex or Strata Title development (STCA). The existing residence is a well maintained fibro of two bedrooms plus study (could be a third bedroom), spacious meals area, mudroom, lounge room with split air-conditioning, and car accommodation. With a secure lease to (late) January 2016. This is an excellent opportunity to invest; securing your future in this tightly held and well regarded pocket in Pakenham.