3/47-53 High Street, Cranbourne, VIC 3977 | Commercial for sale | OnTheHouse
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3/47-53 High Street
Cranbourne VIC 3977

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RARE & PRESTIGE BUSINESS OPPORTUNITY - SUPERMARKET & LIQUOR STORE!

RARE & PRESTIGE BUSINESS OPPORTUNITY - SUPERMARKET & LIQUOR STORE!
Secure 5-Year Lease in Place - Ensuring stable operation and smooth transfer (subject to landlord approval).
PREMIUM RETAIL INVESTMENT - HIGH-EXPOSURE LOCATION
Milestone Real Estate proudly presents a rare & exceptional opportunity to acquire a large, well-established Supermarket & Liquor Store positioned on busy High Street, in the thriving heart of Cranbourne.
Located within one of South-East Melbourne's fastest-growing growth corridors, this premium retail shop benefits from:
• Prime main road exposure
• Strong daily foot and vehicle traffic
• Established loyal, multicultural customer base
• Consistent 7-day trading performance
• Surrounded by expanding residential estates, schools, medical centres & retail outlets
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Property Details for 3/47-53 High St, Cranbourne

Building Type
Commercial
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About Cranbourne 3977

The size of Cranbourne is approximately 16.5 square kilometres. There are 47 parks, covering nearly 40.2% of the total area. The population of Cranbourne in 2016 was 20094 people. By 2021 the population was 21281 showing a population growth of 5.9% in the area during that time. The predominant age group in Cranbourne is 30-39 years. Households in Cranbourne are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne work in a trades occupation.In 2021, 63.50% of the homes in Cranbourne were owner-occupied compared with 66.20% in 2016.

Cranbourne has 10,972 properties. Over the last 5 years, Houses in Cranbourne have seen a 23.55% increase in median value, while Units have seen a 25.70% increase. As at 30 June 2026:

  • The median value for Houses in Cranbourne is $770,782 while the median value for Units is $539,792.
  • Houses have a median rent of $550 while Units have a median rent of $493.
There are currently 64 properties listed for sale, and 35 properties listed for rent in Cranbourne on OnTheHouse. According to Cotality's data, 521 properties were sold in the past 12 months in Cranbourne.

Suburb Insights for Cranbourne 3977

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Gary Thind
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Guru Hayer
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Milestone Real Estate
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.