An exceptional opportunity presents itself with this centrally located 701m (approx.) block in the heart of Cranbourne one of the fastest-growing suburbs in Melbourne's south-east. Zoned for Activity Centre use and offering outstanding main road exposure, this property is ideally positioned for those seeking a smart investment, future development opportunity, or a versatile home site with space and convenience.With a generous frontage of approximately 16.7 metres and a depth of 41.8 metres, this well-proportioned, rectangular block offers multiple possibilities (STCA). It's an ideal canvas for a townhouse development, boutique apartments, a mixed-use commercial/residential project, or even a spacious family home with ample yard and storage potential. The flexible zoning and size make it well suited to developers, investors, or tradespeople who require extra space.The location is second to none within easy walking distance to Cranbourne Park Shopping Centre, local schools, Cranbourne Train Station, medical centres, and various amenities. Whether you're planning to build and sell, lease, or live in, the strong infrastructure and high demand in this central area mean your investment is well-placed for long-term growth.Properties with this level of potential in such a strategic location are becoming increasingly rare. Whether you're looking to expand your portfolio, launch a development, or build a home with room for business and storage this site offers flexibility and future reward.Don't miss out contact us today to arrange a viewing or request more information.All development subject to council approval (STCA). All measurements are approximate.
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 10,934 properties. Over the last 5 years, Houses in Cranbourne have seen a 28.70% increase in median value, while Units have seen a 27.14% increase. As at 30 April 2026:
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