Real Properties is pleased offer for sale this highly sought-after permit approved development site at 142 Central Parkway, Cranbourne West.
This rare opportunity to develop and own a permitted childcare centre for 111 places in the heart of one of Victoria's fastest-growing areas is an opportunity not to be missed.
Key Highlights:
- Site area: 1,740sqm*
- Permit approved for 111 place childcare centre
- Urban Growth Zone Schedule 1
- Neighbours 176 townhouse (100% sold and due for completion in early 2023)
- Directly opposite Camms Road Primary School (due for completion Q1 2023)
- Surrounded by over 1,000 residential houses
- Cranbourne West's booming population is 15,000 plus residents
For Sale By Expressions of Interest closing Thursday 18th August at 5pm (AEST).
Contact the exclusive selling agents for further information:
Joe Catanese | 0418 367 514
Lucas Gentile | 0418 516 056
The size of Cranbourne West is approximately 11.8 square kilometres. There are 23 parks, covering nearly 10.1% of the 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 9,326 properties. Over the last 5 years, Houses in Cranbourne West have seen a 27.49% increase in median value, while Units have seen a 35.56% increase. As at 30 April 2026:
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