46 Gwen Road, Cranbourne West, VIC 3977 | Commercial for sale | OnTheHouse
FOR SALE
$1,300,000 to $1,350,000 + GST

46 Gwen Road
Cranbourne West VIC 3977

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1017m2
Land area: 1017m2
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The Brief: PREMIUM COMMERCIAL DEVELOPMENT OPPORTUNITY

Its Addressed:
Positioned within the highly sought-after Cranbourne West industrial and commercial precinct, this exceptional landholding presents a rare opportunity to secure one of the last remaining undeveloped
sites in the area. Offering approximately 1,017m² of prime land with an impressive approx. 20-metre frontage, this property is perfectly suited for owner-occupiers, investors, developers, or businesses looking to build a premium commercial facility in a rapidly growing corridor.
Adding immediate investment appeal, the property is currently leased, returning approximately $51,000 per annum plus outgoings, providing strong holding income while planning your future development or business expansion.
Located within the Urban Growth Zone – Schedule 1 (UGZ1), the property offers outstanding future potential and flexibility for commercial or industrial development (STCA). Surrounded by established businesses and major infrastructure, this is the ideal opportunity to create your own purpose-built warehouse, office, showroom, or investment asset in one of Melbourne’s fastest-growing commercial hubs.
Key Features:
• Approx. 1,017m² land area
• Wide 20-metre street frontage
• Rare vacant commercial development site
• Currently leased returning approx. $51,000 p.a. plus outgoings
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Property Details for 46 Gwen Rd, Cranbourne West

Building Type
Commercial
Floor Size
1017m2
Land Size
1017m2
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About Cranbourne West 3977

The size of Cranbourne West is approximately 11.8 square kilometres. There are 23 parks, covering nearly 10.1% of the total area. The population of Cranbourne West in 2016 was 15035 people. By 2021 the population was 19969 showing a population growth of 32.8% in the area during that time. The predominant age group in Cranbourne West is 30-39 years. Households in Cranbourne West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne West work in a trades occupation.In 2021, 74.30% of the homes in Cranbourne West were owner-occupied compared with 76.00% in 2016.

Cranbourne West has 9,428 properties. Over the last 5 years, Houses in Cranbourne West have seen a 22.69% increase in median value, while Units have seen a 29.51% increase. As at 30 June 2026:

  • The median value for Houses in Cranbourne West is $782,083 while the median value for Units is $597,072.
  • Houses have a median rent of $590 while Units have a median rent of $540.
There are currently 49 properties listed for sale, and 21 properties listed for rent in Cranbourne west on OnTheHouse. According to Cotality's data, 433 properties were sold in the past 12 months in Cranbourne west.

Suburb Insights for Cranbourne West 3977

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Hossein Gholami
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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.