2/24 Station StreetCranbourne VIC 3977
Property Details for 2/24 Station St, Cranbourne
Last Listing description (March 2026)
Positioned in the heart of Cranbourne and just moments from the station, this quality warehouse offers an exceptional opportunity for investors seeking a secure and low-maintenance asset with strong rental returns.
Property Highlights:
• Fully Leased Investment – Secured Lease until October 2027
Designed for practicality and long-term durability, the property features:
• On-site car parking
• Solid concrete construction
• High clearance roller door
• Generous internal clearance
• 3 phase power
This is a rare opportunity to secure a centrally located, fully-leased warehouse in a tightly held pocket. With strong existing returns and the potential for further rental uplift, it is a prime investment not to be missed.
Property History for 2/24 Station St, Cranbourne, VIC 3977
- 08 Feb 2026Sold for $590,000
- 30 Jan 2026Listed for Sale $550,000 - $605,000
- 23 Jun 2025Sold for $1,400,000
Recent sales nearby
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0About 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 10,939 properties. Over the last 5 years, Houses in Cranbourne have seen a 25.16% increase in median value, while Units have seen a 27.61% increase. As at 31 May 2026:
- The median value for Houses in Cranbourne is $772,434 while the median value for Units is $544,146.
- Houses have a median rent of $550 while Units have a median rent of $490.
Suburb Insights for Cranbourne 3977
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