THE Pakenham Racing Club is expecting about $40 million from the sale of its prominent but outgoing Pakenham Racecourse & Showground site in Melbourne’s outer south-east.

The club is moving to a 243-hectare purpose built facility with an event centre and night race-appropriate lighting at Tynong, some 16 kilometres east of Pakenham past Nar Nar Goon.

Construction of the new facility is expected to start in August 2013, and after the sale of the Club’s existing 25.85 hectare complex abutting the Pakenham train station and near the suburb’s town centre.

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