1040 Thompsons RoadCranbourne West VIC 3977
Property Details for 1040 Thompsons Rd, Cranbourne West
Last Listing description (December 2022)
MAJOR SOUTH EAST INDUSTRIAL LANDHOLDING
CBRE is delighted to offer 1040 Thompsons Road, Cranbourne West, for sale. With current and future land opportunities at historically low levels, this 3.317ha* main road opportunity is one not to be missed.
Site particulars include:
+ 33,170sqm* land area
+ 91.44m* frontage to Thompsons Road
+ Urban Growth Zone 1 (UGZ1) under the Cranbourne West PSP within the City of Casey
+ Ideal for owner occupiers or industrial developers
+ Additional uses include office, convenience (food & drink) and bulky goods
+ Direct proximity to Marriott Waters Shopping Centre and Merinda Park Train Station
+ 45 minutes* south east of Melbourne's CBD
+ Immediate access to major arterials such as Western Port Highway, Frankston Dandenong Road and Eastlink (M3)
+ Municipality hosts over 86,000 local jobs
To further discuss this opportunity or request further due diligence material, please contact one of CBRE's exclusively appointed selling agents.
*approx.
Property History for 1040 Thompsons Rd, Cranbourne West, VIC 3977
- 18 May 2022Listed for Sale Contact Agent
Recent sales nearby
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About Cranbourne West 3977
The size of Cranbourne West is approximately 11.8 square kilometres. It has 23 parks covering nearly 10.1% of total area. The population of Cranbourne West in 2016 was 15035 people. By 2021 the population was 19969 showing a population growth of 32.8% in the area during that time. The predominant age group in Cranbourne West is 30-39 years. Households in Cranbourne West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne West work in a trades occupation.In 2021, 74.30% of the homes in Cranbourne West were owner-occupied compared with 76.00% in 2016.
Cranbourne West has 9,394 properties. Over the last 5 years, Houses in Cranbourne West have seen a 37.03% increase in median value, while Units have seen a 33.68% increase. As at 31 December 2025:
- The median value for Houses in Cranbourne West is $779,606 while the median value for Units is $576,500.
- Houses have a median rent of $585 while Units have a median rent of $510.
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