11 Thompsons RoadCranbourne North VIC 3977
Property Details for 11 Thompsons Rd, Cranbourne North
Last Listing description (August 2023)
Thompson's Gateway is a thriving new three-storey complex in the booming suburb of Cranbourne West. Located only minutes from major arterials, this development is right in the center of the South Eastern growth corridor and on the corner of Thompson's Road and Evans Road affording it rarely, yet significant exposure and daily passing traffic estimated to be in the vicinity of 30,000 vehicles!
Capitalising on exposure, this well-appointed office is located on Level 1. Individually metered, heating and cooling provided, intercom system, freshly carpeted and painted, awaiting a new landlord.
Lease Details;
- Three year lease commenced June 2022
- Three year option
- Annual rental income of $24,720
- Annual increases
- Security bond held
- National tenant
Main Building Features:
- Ample on-site car parking and bicycle parking
- End-of-trip facilities including showers
- Lift and stair access
- Daily cleaning and maintenance staff on site
- High exposure frontage to Thompsons & Evans Road
Property History for 11 Thompsons Rd, Cranbourne North, VIC 3977
- 23 Jan 2023Listed for Sale $420,000
- 24 Jan 2017Sold for $436,000
- 05 Dec 2016Listed for Sale UNDER CONTRACT
Recent sales nearby
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0About Cranbourne North 3977
The size of Cranbourne North is approximately 10.3 square kilometres. There are 35 parks, covering nearly 12.5% of the total area. The population of Cranbourne North in 2016 was 20110 people. By 2021 the population was 24683 showing a population growth of 22.7% in the area during that time. The predominant age group in Cranbourne North is 0-9 years. Households in Cranbourne North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne North work in a professional occupation.In 2021, 72.20% of the homes in Cranbourne North were owner-occupied compared with 74.60% in 2016.
Cranbourne North has 8,949 properties. Over the last 5 years, Houses in Cranbourne North have seen a 20.27% increase in median value, while Units have seen a 28.40% increase. As at 30 June 2026:
- The median value for Houses in Cranbourne North is $820,295 while the median value for Units is $587,063.
- Houses have a median rent of $590 while Units have a median rent of $520.
Suburb Insights for Cranbourne North 3977
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