1920s weatherboard home and former racing stables at Pakenham slated for auction
A Pakenham rural property with character, charm and, most importantly, potential is up for November auction.
The 1.44 acre property, located at 65 Racecourse Road, Pakenham, dates back to the 1920's Bourke family, who were prominent graziers and horse racing identities.
The prominent Pakenham landmark is set amongst mature oak trees in a fine garden, while the large weatherboard home has broad timber decked return verandas.
The interior with 10 foot ceilings and wide timber panelled passage ways offers four generously proportioned bedrooms, plus study and two stately living rooms complete with original fire places, ornamental ceiling and with double hung sash windows throughout.
The country style eat-in kitchen still has the original combustion stove in place, plus family bathroom and sun room. The original racing stables are still in place.
The property offers a unique opportunity to restore to its former glory and/ or further develop (STCA). It is positioned with access to the M1 Freeway, public transport and major shopping and services.
Initial terms is a 10% deposit with balance 30/60 days.
The property is offered through First National Commercial agents Todd McKenna and Nyall Greene and is set to go under the hammer on November 12.
There is a racing property also listed at Coral Lynn.
