Residential land tender

ABOUT 28 hectares of prime residential development land in Pakenham with permits for a 291-lot subdivision have been released for sale. Jones Lang LaSalle agents Dominic Gibson and Matthieu Lucas are marketing the property via a public tender that closes on August 18. The site comprises two mainly residential zoned parcels and would also suit high-density residential or retirement living. It is 55 kilometres from the Melbourne CBD and near big employment centres at Dandenong and Cranbourne. A new primary school is proposed for Pakenham and Woolworths is expected to open a new store nearby next year.