124 Camms RoadCranbourne VIC 3977
Property Details for 124 Camms Rd, Cranbourne
124 Camms Rd, Cranbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 810m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in July 2019.
Last Listing description (September 2019)
CRANBOURNE: **ANNUAL RENTAL RETURN OF APP. $30,000** As an investor, buying 1 unit on a block is a great achievement - but saying you own an entire block of units is even better! This rare opportunity sits on a healthy parcel of land measuring a colossal 813m2 (app.). Offering a multitude of uses, 124 Camms Road is the perfect opportunity for developers, investors, land bankers and even those with extended families looking to call the same address home!
Currently leased to sensational tenants, these 2 identical mirror image units are providing an instant yearly rental return of app. $30,000. Better still, the current vendors have invested a lot of time, effort and money on the development side of things with the lucky new purchaser having access to approved endorsed plans and permits for 4 double storey townhouses.
Made of solid brick that offers natural insulation for both hot and cold climates, each of the units are in neat, original condition and have identical features including a spacious lounge with gas heating and a generous timber kitchen with a separate meals zone. There are 2 robed bedrooms, not forgetting the separate bathroom, toilet and laundry facilities.
If you believe in the age old theory that good real estate revolves around a central location then you won't be disappointed! Within moments to Narre Warren - Cranbourne Road, providing direct access to the shopping facilities situated at Thompsons Parkway, Casey Central and the Hunt Club Village, plus South Gippsland Highway enroute to the recently revamped Cranbourne Park shopping centre. Those that don't drive can take advantage of the public transport leading to schools, the main street and, most importantly, the Cranbourne train station!
Opportunities like this are as rare as hens teeth so don't delay!
BOOK AN INSPECTION TODAY, IT MAY BE GONE TOMORROW - PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS!
Our floor plans are for representational purposes only and should be used as such. We accept no liability for the accuracy or details contained in our floor plans.
Property History for 124 Camms Rd, Cranbourne, VIC 3977
- 19 Jul 2019Sold for $705,000
- 29 Jan 2019Listed for Sale $690,000 - $759,000
- 21 Jun 2017Sold for $620,000
Recent sales nearby
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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 10,960 properties. Over the last 5 years, Houses in Cranbourne have seen a 37.34% increase in median value, while Units have seen a 39.61% increase. As at 30 November 2025:
- The median value for Houses in Cranbourne is $753,732 while the median value for Units is $530,499.
- Houses have a median rent of $535 while Units have a median rent of $480.
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