20 Scott StreetCranbourne VIC 3977
Property Details for 20 Scott St, Cranbourne
20 Scott St, Cranbourne is a 3 bedroom, 2 bathroom House and was built in 1960. The property has a land size of 604m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (October 2023)
Presenting as an extraordinary redevelopment opportunity, these two compact weatherboard and brick-veneer homes are being sold together, offering incredible potential for multiple townhouses (subject to council approval). Positioned in a highly-desirable location within the catchment area of Cranbourne Primary School and Cranbourne Secondary College, this property is perfect for investors or developers seeking a lucrative project.
With a generous combined land size of approximately 1,210sqm, the possibilities are endless. Take advantage of the prime location and explore the potential for a knock-down rebuild, creating a stunning townhouse complex that caters to the demand of modern living. The convenience of being just around the corner from the expansive Cranbourne Park Shopping Centre and directly opposite St Agatha's Primary School adds to the appeal.
For those interested in retaining the existing homes and renting them out, the interiors boast desirable features such as ceiling fans, pendant lighting, blinds, storage sheds, fireplaces, carpets, built-in robes, and original finishes in the bathrooms and kitchens. With some updates and improvements, these homes have the potential to provide a steady rental income.
The location offers easy access to essential amenities, including police and health centers, as well as excellent connectivity with the 760, 791, and 982 bus routes nearby. Surround yourself with green spaces and sporting facilities, perfect for outdoor activities and leisure. Additionally, the stunning Seaford Beach and coastline are just a 20-minute drive away, providing opportunities for relaxation and recreation.
Don't miss this exceptional redevelopment opportunity in a prime location. Contact us today to discuss the potential and arrange a viewing. Act now and unlock the full potential of this property!
Note: *Photo ID required at the open-for-inspection home
Disclaimer: We have, in preparing this document, used our best endeavours to ensure that the information contained in this document is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklista
Property History for 20 Scott St, Cranbourne, VIC 3977
- 17 Jun 2023Sold for $655,000
- 23 May 2023Listed for Sale Online Auction this Saturday 4pm!
- 29 Nov 2018Listed for Rent $285 / week
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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 10,959 properties. Over the last 5 years, Houses in Cranbourne have seen a 31.74% increase in median value, while Units have seen a 32.51% increase. As at 31 March 2026:
- The median value for Houses in Cranbourne is $775,541 while the median value for Units is $548,255.
- Houses have a median rent of $550 while Units have a median rent of $490.
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