11 Cranbourne Place, Cranbourne, VIC 3977 | Property Value & History | OnTheHouse
OFF MARKET

11 Cranbourne Place
Cranbourne VIC 3977

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 223m2
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Property Details for 11 Cranbourne Pl, Cranbourne

Building Type
Commercial
Land Size
223m2
Local Government
Casey
Lot/Plan
1/TP142568

Last Listing description (August 2023)

Ray White Commercial is delighted to offer this standalone dual level take away shop and dwelling for lease.
Unlike so many locally this is not a strata-title facility but a freehold retail/residence business in the heart of Cranbourne and sits under an Activity Centre zoning overlay.
The existing retail area with outstanding service kitchen is set up for trade with the property being in a highly active restaurant and takeaway precinct. Deep fryers, hot plates, grill, fridges and freezers already for the next busy service for any willing entrepreneur.

A business owner will enjoy a property located in the heart of Cranbourne just off South Gippsland Highway. Great parking access and signage will assist any tenant trading from the property. Occupiers will benefit from a turnkey opportunity with very little required to live or trade.
Key Points of Interest:
Close to the Cranbourne Park Shopping Centre and Casey Race recreational centre.
Nearby Casey Grammar School, Cranbourne West Primary School and Milestone Primary Learning.
Land Size
Retail Size
Residential Size
Onsite parking with rear access and significant council parking opposite.
400 m from Cranbourne Train Station adjacent street to South Gippsland Freeway.
3 Bedroom One-bathroom self-contained apartment, including kitchen, living and dining rooms.
Do not pass up on this prime business opportunity in Cranbourne, one of the fastest-growing suburbs in metropolitan Melbourne.

Please contact:
Adrian Sheer - 0403 083 924 Or Ryan Trickey 0400 380 438
To discuss this property or book an inspection.

Property History for 11 Cranbourne Pl, Cranbourne, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$900,900
04 Aug 2022
Listed for Rent
$767/w
01 Aug 2023
  • 20 Jul 2023
    Listed for Rent - Price not available
  • 17 Mar 2023
    Listed for Rent - Price not available
  • 04 Aug 2022
    Sold for $900,900
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About 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 10,956 properties. Over the last 5 years, Houses in Cranbourne have seen a 35.15% increase in median value, while Units have seen a 40.50% increase. As at 31 January 2026:

  • The median value for Houses in Cranbourne is $766,478 while the median value for Units is $545,599.
  • Houses have a median rent of $540 while Units have a median rent of $480.
There are currently 50 properties listed for sale, and 28 properties listed for rent in Cranbourne on OnTheHouse. According to Cotality's data, 557 properties were sold in the past 12 months in Cranbourne.

Suburb Insights for Cranbourne 3977

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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.