1450 Thompsons RoadCranbourne East VIC 3977
Property Details for 1450 Thompsons Rd, Cranbourne East
Last Listing description (November 2023)
LAWD is delighted to present For Sale 1450 & 1454 Thompsons Road in Cranbourne East, one of the last remaining opportunities to acquire a privately held infill corner development site of scale in the South-East growth corridor of Melbourne.
The key highlights of the opportunity include:
+ Extremely rare opportunity to acquire an infill site of scale in Melbourne's booming South-East growth corridor
+ Irreplicable scale of 24.59ha* within the Croskell Precinct Structure Plan
+ Over 870 metres of extensive dual road frontage onto Thompsons Road & Narre Warren Road which promotes the possibility of exploring higher order uses on the corner
+ Potential net developable area of 24.199ha*
+ Ease of access to the M1 Monash Freeway, South Gippsland Highway, M3 Eastlink Freeway and the Western Port Highway
+ Located on Thompsons Road which has been earmarked as a major key-east west arterial road as part of the Principal Freight network
+ Potential to leverage from unprecedented occupier demand & record low vacancy rates in the south-east
+ Benefits from significant service & infrastructure upgrades which have occurred in surrounding ongoing residential/industrial precincts
+ Located approximately 48 kilometres* south-east of the Melbourne CBD
1450 & 1454 Thompsons Road are for sale via Expression of Interest closing 3pm Thursday 10 August 2023.
For further information on this opportunity, please contact a member of the LAWD team below.
Peter Sagar | 0414 843 854
Paul Callanan | 0478 652 468
Darcy Tobin | 0433 644 166
Property History for 1450 Thompsons Rd, Cranbourne East, VIC 3977
- 20 Feb 2026Sold for $78,000,000
- 03 Nov 2023Sold for $77,000,000
- 05 Jul 2023Listed for Sale Contact Agent
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About Cranbourne East 3977
The size of Cranbourne East is approximately 13.4 square kilometres. There are 35 parks, covering nearly 9.1% of the total area. The population of Cranbourne East in 2016 was 16195 people. By 2021 the population was 24679 showing a population growth of 52.4% in the area during that time. The predominant age group in Cranbourne East is 30-39 years. Households in Cranbourne East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne East work in a trades occupation.In 2021, 71.30% of the homes in Cranbourne East were owner-occupied compared with 76.70% in 2016.
Cranbourne East has 10,888 properties. Over the last 5 years, Houses in Cranbourne East have seen a 13.20% increase in median value, while Units have seen a 24.78% increase. As at 31 July 2026:
- The median value for Houses in Cranbourne East is $790,448 while the median value for Units is $576,283.
- Houses have a median rent of $600 while Units have a median rent of $530.
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