Lot #28
Co-Living New Horizon Estate W/ 5-Year Rental Guarantee House and Land
Price
$675,856
Pakenham is a suburb located in the southeastern part of Melbourne, Victoria, Australia. It is part of the rapidly expanding outer suburban area, known for its blend of residential, commercial, and semi-rural zones.
Pakenham has several primary and secondary schools, including Pakenham Secondary College, Beaconhills College (Pakenham Campus), St. Patrick’s Primary School, and Pakenham Consolidated School. There are also childcare centers and kindergartens.The suburb offers various shopping options, including Pakenham Central Marketplace, Pakenham Place Shopping Centre, and Lakeside Square. There are supermarkets, specialty stores, cafes, and restaurants.There are multiple medical facilities, including Pakenham Medical Clinic, Casey Hospital (in nearby Berwick), dental clinics, and allied health services. A private hospital, St. John of God Hospital, is also planned for future development.
Pakenham is well-served by public transport, particularly by the Pakenham railway line, which provides direct train services to Melbourne’s CBD. There are also several bus routes connecting Pakenham to neighboring suburbs.Major roads, including the Princes Freeway (M1), provide direct access to Melbourne and other regional centers. The recent extension of the freeway has improved connectivity and reduced travel times
Pakenham is home to several parks, reserves, and recreational areas, such as P.B. Ronald Reserve, Toomuc Valley Reserve, and Lakeside Recreation Reserve. The suburb has walking and cycling trails, picnic spots, and playgrounds.The suburb has numerous sports facilities and clubs, including football, cricket, tennis, soccer, and netball. The Cardinia Life Recreation Centre offers a gym, indoor swimming pools, and sports courts.Pakenham hosts local markets, community events, and festivals throughout the year, reflecting its vibrant community spirit.
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us*
Do I Qualify?
Eligibility Criteria
The Following Eligibility Criteria Will Apply
- Available for ‘Brand New’ purchases only; including townhouses, apartments & freestanding houses
- Purchase must be made through one of FHBA’s partner’s or a new property provider approved by FHBA
- Your ‘first home loan’ must be arranged through FHBA Mortgages (exceptions may apply)
- The FHBA 50 Rebate is paid in addition to your State’s First Home Owners Grant & Stamp Duty concessions
- Complimentary Insurance Consultation with FHBA Protect to ensure you are protected
- You must agree to the full terms and conditions outlined in our client agreement new homes service before buying
How much is it?
Eligible FHBA first home buyer clients will be entitled to a 50% cash rebate on the total referral fees paid to FHBA (FHBA Pty Limited) from the new home provider you proceed with (should FHBA have a referral agreement with the provider)
The FHBA 50 Rebate will typically range from $2,500 to $12,000 depending on factors such as the property type, property location and property builder.
The rebate will be paid after the full referral fees are received by FHBA from the new homes provider first
Eligible Properties
To be eligible, the property must be from an FHBA new homes provider partner or approved by FHBA first
- House & Land
- Apartment
- Townhouse / Unit
- Display Homes
- Dual Living
- Dual Occupancy
- Duplex
- Studio
Example
A first home buyer couple meet an FHBA Coach and tell the Coach about their desired property. After working out their budget, the Coach show’s them a range of properties from FHBA’s New Homes partners. The QLD couple are interested in a house & land package through an FHBA partnered builder. The builder completes the sale with the client including some custom inclusions. The builder pay’s FHBA an agreed referral fee of $15,000.” “The couple will be entitled to the following government grant and incentives:
| Incentive Type | Amount |
|---|---|
| QLD Govt. FHOG Grant (2016/17 FY) | $20,000 |
| Stamp Duty Payable | NIL |
| FHBA 50 Rebate (50% of $15,000) | $7,500 |
| Total $ Incentives | 27,500 |
Please note that the FHOG and incentives are subject to change.