1/54 Childers StreetCranbourne VIC 3977
Property Details for 1/54 Childers St, Cranbourne
1/54 Childers St, Cranbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 159m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (October 2023)
This is a rare and outstanding opportunity to purchase a group of 4 units in a highly sought-after location. All units are separately titled and together they offer an allotment of approximately 1176m2. This is a great addition to your superfund and a rare chance to secure a rewarding long-term investment. Secure a block on your own with lots of potential now and in the future.
This fabulous location is just a stroll to Cranbourne central village and Cranbourne Park shopping centre, and minutes to the train station, cafes and popular restaurants. Walking distance to Cranbourne Primary School. Easy access to South Gippsland Highway and Berwick-Cranbourne Rd so you can be on your way in next to no time!
Unit 1 - This street frontage single-level unit boasts a spacious lounge room upon entry. The kitchen features ample cupboard and bench space, an upright cooktop and oven with meals area. 2 large bedrooms with built-in robes are serviced by a central bathroom with a shower, bath, single vanity and separate laundry facilities and toilet. The L-shaped backyard offers plenty of space for kids and pets.
Unit 2 - formal entry hall opens to a spacious living room which opens into a spacious kitchen with an upright stove. 2 large bedrooms with built-in robes are serviced by a central bathroom with a shower and bath, single vanity, and separate laundry facilities. There is a separate toilet and linen cupboards for extra storage. Easy access to the rear open backyard with external access to the single garage.
Unit 3 - This villa unit is positioned towards the rear of the block and offers a large living space, central kitchen with an upright stove, and central family bathroom with a bath and shower, single vanity, toilet, and separate laundry facilities. 2 large bedrooms with built-in robes and backyard with external access to the large double garage.
Unit 4 - Offering privacy at the rear of the block, this 2 bedroom villa unit features entry into a large living zone with direct access to the kitchen/meals area. Both bedrooms have built-in robes and there is a central bathroom with a shower and bath, single vanity, and separate laundry facilities. The separate toilet and easy access to the large L-shaped backyard with external garage access.
This property is estimated to generate a rental income of $70,000 pa approx. Fabulous return on investment! With such a popular, central location, the units as a whole enjoy low vacancies. It's the perfect addition to your superfund portfolio where your money works hard so you don't have to!
Property History for 1/54 Childers St, Cranbourne, VIC 3977
- 18 Oct 2023Listed for Sale Online Auction
- 18 Oct 2023Sold for $420,000
- 23 Dec 2022Listed for Rent - Price not available
Recent sales nearby
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0About Cranbourne 3977
The size of Cranbourne is approximately 16.5 square kilometres. It has 47 parks covering nearly 40.2% of 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 10,932 properties. Over the last 5 years, Houses in Cranbourne have seen a 28.70% increase in median value, while Units have seen a 27.14% increase. As at 30 April 2026:
- The median value for Houses in Cranbourne is $775,376 while the median value for Units is $535,459.
- Houses have a median rent of $550 while Units have a median rent of $495.
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