Construction commencing
in August 2020

Investor's dream

5% return guarantee for 5 years^

Purchase an apartment by 31 August 2020 and receive 5% return on deposit for 2 years and 5% return on purchase at settlement for 3 years^.

Investor benefits

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12 month unit price growth of 4.4%*
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Low rental vacancy rate of 1.25%*
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5% return guarantee for 5 years^
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Take advantage of low interest rates
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Voted one of the top Victorian suburbs for property investment in 2020*
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Close to schools, universities and major transport lines
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Median house price of $1,369,500 and unit price of $688,750*
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The offer

Pace Development are offering investors the following:

  • 5% return on deposit for 2 years^
  • 5% return on purchase at settlement for 3 years^

Contact our team and let us help find the ideal investment package for you.

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Blackburn median growth

3 years (PA)


Melbourne 3.4%

5 years (PA)


Melbourne 3.8%

10 years (PA)


Melbourne 3.8%

The location

Located at 160 Whitehorse Road in one of Melbourne’s premier suburbs, Pace of Blackburn has everything a resident would desire.  Blackburn is connected for commuters at a mere 25 minutes to the CBD, 5 minute drive to Box Hill Shopping Centre and only a 10 minute walk to Blackburn Train Station which supports a frequent train and bus schedule. Conveniently located near Deakin University makes this an attractive home for long-term tenants.

Tenant profiles

Pace of Blackburn attracts interest from a wide variety of tenants including

Happy Family


Apartments are close to schools, parks, sporting facilities and shops.

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Young professionals

Close to public transport, cafes and dining districts, with attractive onsite meeting facilities.

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University students

Close to some of the best Universities Melbourne has to offer (7km from Deakin University).

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The apartment

Boasting enviable views of the city skyline or the Dandenong Ranges, these limited 2 bedroom apartments are perfect for your first investment or to add to your growing portfolio of properties.  The apartments are flooded with natural light that stream through the balcony doors and large floor-to-ceiling windows. Interiors include Miele appliances, stone benchtops and custom joinery.

Apartments come with at least one secure car space and storage cages, a must for prospective tenants and for a higher rental yield.
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2 bed

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1 bath

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1 park

starting from $535,000

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2 bed

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2 bath

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1 park

starting at $565,000

Complete convenience

Pace of Blackburn residents have everything they need on their doorstep. No need to travel far, simply head to the ground floor for access to a supermarket and retail spaces. The concierge service will collect tenant deliveries and store groceries in the communal cool room.

The building includes an 18m pool with sun-deck, children’s pool and shared dining facilities for entertaining friends, a major attraction to a diverse range of tenants. Working from home is also easy at Pace of Blackburn with a communal meeting room tenants can book—an attractive sell point in the current economy.

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Backed by Pace Development Group, combining more than 25 years of experience as an integrated developer-builder, this is an ideal opportunity for investors.

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700m to Blackburn train station

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7km to Deakin University

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17km to Melbourne CBD

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Access to major Melbourne arterials

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Close proximity to sporting facilities, shopping centres & schools

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Surrounded by bushland parks & heritage lakes