24 Morialta Road, Cranbourne West, VIC 3977 | Property Value & History | OnTheHouse
OFF MARKET

24 Morialta Road
Cranbourne West VIC 3977

Bedrooms: -
Bathrooms: -
Car spaces: 6
Land area: 665m2
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Property Details for 24 Morialta Rd, Cranbourne West

Building Type
Commercial
Land Size
665m2
Local Government
Casey
Lot/Plan
2/PS815194

Last Listing description (October 2020)

Cranbourne Business Estate is a stones throw from South Gippsland & Western Port Highway and offers easy access to major South Eastern hubs. Ideal for a large range of operators, join or invest in one of the South Easts booming precincts.

Securely leased to a furniture company wishing to exercise their three (3) year option commencing 01/01/2021

- $39,870pa + Gst + Outgoings
- 3 Year term
- 3% increases

Property Features:
- 6 Car parks
- Gas on site
- Aircon & Heating (Split System)
- Upgraded power meter box 240 amp supply available
- No Body Corp
- Top of the line security system
- Fenced and gated
- Office space with mezzanine level (48sqm)
- Engineered/permitted for a second story office
- Second Toilet roughed in
- HVAC system roughed in

Call the exclusively listed agents for an inspection!

Martin Henriksen - 0432 582 669
Tim Dark - 0413 848 683

Property History for 24 Morialta Rd, Cranbourne West, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$715,000
07 Oct 2020
Listed for Rent
$810/w
10 Sep 2019
  • 07 Oct 2020
    Sold for $715,000
  • 19 Aug 2020
    Listed for Sale Price on Application
  • 01 Jul 2020
    Listed for Sale $842,000 GST N/A
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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.
There are currently 36 properties listed for sale, and 16 properties listed for rent in Cranbourne west on OnTheHouse. According to Cotality's data, 507 properties were sold in the past 12 months in Cranbourne west.

Suburb Insights for Cranbourne West 3977

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.