32 Stirling AvenueCranbourne North VIC 3977
Property Details for 32 Stirling Ave, Cranbourne North
Last Listing description (August 2025)
Strategically situated in a booming growth corridor with excellent exposure onto South Gippsland Hwy, this purpose designed medical centre sits on 1,555sqm approx. and provides a heathy return making it the ideal investment to add to your portfolio with an established medical practice in operation and excellent rental returns with annual CPI increases.
Modern purpose designed, single level medical practice with a thoughtful RACGP compliant configuration that draws in natural light for a pleasant working environment and was planned in consultation with a doctor to ensure functionality and excellent disability access
Street exposure to South Gippsland Hwy, the main arterial route between Cranbourne and Melbourne with over 70,000 passing vehicles and convenient clinic access from Stirling Ave
Secure 5-year rental agreement from 2023
2 x 5year term options
Annually increased rental return commencing at $123,071.52 per annum plus GST being $10,255.96 per month
Fixed annual rental increases of 4% to ensure continued rental growth
High quality fit-out
1,555sqm approx. total site area
Large waiting room/reception foyer
6 medical consulting rooms
2 dental consulting rooms
General treatment room
Practice manager office
Staff room with sink
Bathroom plus three separate toilets
Wheelchair access to consulting suites and disabled toilet
Various storage rooms
Steel shutters to rear windows for added security
21 parking spaces
Heating and air conditioning
Located just off South Gippsland Hwy with easy access to Thompson Parkway Shopping Centre, Cranbourne Park Shopping Centre, Cranbourne Homemaker Centre, Casey Central shops, Lynbrook train station, bus stops, childcare centres, primary and secondary schools, sports grounds and Cranbourne Golf Club.
Photo ID required at all open for inspections.
Disclaimer: We have in preparing this document used our best endeavors to ensure that the information contained in this document is true and accurate, but 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 check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 32 Stirling Ave, Cranbourne North, VIC 3977
- 13 Jul 2025Sold for $1,775,000
- 07 May 2025Listed for Sale PREMIUM MEDICAL INVESTMENT
- 06 Dec 2024Listed for Sale PREMIUM MEDICAL INVESTMENT
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0About Cranbourne North 3977
The size of Cranbourne North is approximately 10.3 square kilometres. It has 35 parks covering nearly 12.5% of 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 8,938 properties. Over the last 5 years, Houses in Cranbourne North have seen a 33.29% increase in median value, while Units have seen a 39.19% increase. As at 30 November 2025:
- The median value for Houses in Cranbourne North is $805,002 while the median value for Units is $566,046.
- Houses have a median rent of $585 while Units have a median rent of $520.
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