Introducing one of Victoria?s most promising opportunities now available through The Company Real Estate. Positioned at 1261 Ballarto Road in Cranbourne East, this expansive 1.28-hectare property comes with a generous land-holding zoned for a town centre precinct.
Situated in the heart of the Cranbourne East PSP and nestled within the neighbourhood activity centre, this property capitalises on Cranbourne East's status as Australia's largest growth rate suburb, making it an invaluable asset. Surrounded by existing and future residential developments and close to a future employment precinct, this property enjoys excellent accessibility, especially with ongoing upgrades to Ballarto Road.
The designs feature a supermarket, specialty retail outlets, a medical centre, and an impressive 218 car spaces (STCA) with this property offering unparalleled potential. Boasting a remarkable 223-meter dual street frontage along Ballarto Road and Adrian Street and located less than 400 meters from the South Gippsland Highway, accessibility is second to none.
With a mere 40-minute connection to Melbourne via the highway and Cranbourne train station just six minutes away, convenience is paramount. Surrounding the property are burgeoning land estates and easy access to Cranbourne East's future commercial and employment hub, along with esteemed educational institutions like Casey Grammar and Cranbourne East Primary.
As Cranbourne East is poised to achieve nearly 70% growth to over 46,000 individuals by 2041, this property represents a rare chance to establish a thriving town center. Don't miss this opportunity to leave your mark through the development of a vibrant community hub.
Key Highlights :
Approved Town Centre Development Site In the Cranbourne East PSP
Strategic proximity to existing and future residential developments
Excellent accessibility with ongoing upgrades to Ballarto Road
Opposite to future employment precinct
Projected 69% increase in population in Cranbourne East by 2041
Contact The Company Real Estate today for comprehensive details on this property, Act now to secure your stake in the future of Cranbourne East.
Disclaimer :
The Company real estate has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accepts no responsibility and disclaims all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.23 km | 4 | 2 | -m2 | Year 2024 Month 12 Day 20 | $671,000 | Council approved | |
 | 0.30 km | 4 | 2 | -m2 | Year 2024 Month 11 Day 24 | $700,000 | Council approved | |
 | 0.45 km | 4 | 2 | 158m2 | Year 2024 Month 10 Day 07 | - | Council approved | |
 | 0.41 km | 5 | 2 | -m2 | Year 2024 Month 10 Day 01 | $800,000 | Council approved | |
 | 0.43 km | 0 | 0 | -m2 | Year 2024 Month 09 Day 02 | $295,000 | Council approved |