Located within the Cranbourne C.B.D. this neat & tidy group of factories is conveniently located close to the heart of the Cranbourne C.B.D. Quick and easy access is available to the South Gippsland Highway, Berwick, Narre Warren and Frankston..
A rare opportunity now exists to purchase 1, 2, 3 or all 4 factories currently offered for sale. These factories have never before been available to purchase, and represent a unique chance to get a foothold, or expand your portfolio in one of the fastest growing municipalities in Australia.
Unit 5 - Vacant possession. Lettable area of 305 m, with an office at the front. Potential rental of $24,000 p.a. nett.
Unit 6 - Leased to Tanda Studios, trading as MarShere Dance Studios. Existing lease expires 07/11/2025 with further option of . Current rent $25,840.92 p.a. nett
Units 9 & 10 - Leased to Cranbourne Assembly of God, known as Freedom Christian Church. Renewal of lease to 31/12/2025. Current combined rental of $44,356.56 p.a. nett.
The properties are being offered for sale by Public Auction on Wednesday 26th May 2021 @ 1.00 p.m. Inspections strictly by appointment only.
For further information, contact Facey Property on 9701 4455 or Ian Kilgour 0416 012 727 or Mark Bond 0419 386 882. Looking forward to hearing from you.
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 37.17% increase in median value, while Units have seen a 41.20% increase. As at 31 December 2025:
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