Discover the potential of this spacious 796m? (approx) property, offering a fantastic investment or development opportunity in the heart of Cranbourne. Currently tenanted at $500pw until January 2026, this property is zoned General Residential, making it ideal for redevelopment, STCA (Subject to Council Approval).
Property Highlights:
- 3 Bedrooms, 1 Bathroom, 2-Car Garage
- Updated Kitchen
- Expansive 796 m? land size (approx)
- General Residential Zoning
- Tenanted until January 2026, providing immediate rental income
This property is a perfect choice for developers or investors looking to secure a great site with future growth potential.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.22 km | 2 | 1 | -m2 | Year 2024 Month 12 Day 17 | $530,000 | Council approved | |
 | 0.22 km | 3 | 1 | -m2 | Year 2024 Month 11 Day 12 | $610,000 | Council approved | |
 | 0.24 km | 3 | 1 | -m2 | Year 2024 Month 07 Day 22 | $597,000 | Council approved | |
 | 0.26 km | 7 | 3 | -m2 | Year 2024 Month 07 Day 22 | $1,234,000 | Council approved | |
 | 0.26 km | 3 | 2 | -m2 | Year 2024 Month 07 Day 22 | $637,000 | Council approved |