8/1060 Thompsons Road, Cranbourne West, VIC 3977 | Property Value & History | OnTheHouse
OFF MARKET

8/1060 Thompsons Road
Cranbourne West VIC 3977

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7435m2
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Property Details for 8/1060 Thompsons Rd, Cranbourne West

Building Type
Commercial
Land Size
7435m2
Local Government
Casey
Lot/Plan
G16/PS818622

Last Listing description (March 2023)

Hudson Bond is pleased to present "1060 Thompsons Road"
one of the most secure investment opportunities currently available in Melbourne's prospering south eastern growth corridor.

Developed by the highly regarded Pomeroy Group the asset fully leased to the

Commonwealth of Australia will bolster even the most secure property portfolio, or provide first time investors a secure base in their entry to the commercial property sector, this opportunity features the following:

Immaculately Presented Modern Ground Floor Tenancy
High Profile Corner Location (Thompsons/Evans Road)
Securely Leased To The Commonwealth of Australia
Total Floor Area of 267m2
Net Lease Outgoings Paid By Tenants
Net Rental: $117,053 + GST Per Annum
Lease Term: 5 + 3 + 3
4 Exclusive Car Spaces + Ample Common Parking
Prime Exposure to Evans Road and Thompsons Road
2 Minute Walk to Merinda Park Station

Rarely do investment opportunities of this calibre with such secure tenants and strong retail appeal become available in the marketplace.

Contact exclusive selling agents Hudson Bond Commercial to discuss the property in further detail or to request an inspection.

Property History for 8/1060 Thompsons Rd, Cranbourne West, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$929,370
06 Jan 2022
Listed for Rent
$450/w
11 Dec 2018
  • 28 Nov 2022
    Listed for Sale CONTACT AGENT
  • 06 Jan 2022
    Sold for $929,370
  • 16 Oct 2020
    Listed for Sale CONTACT AGENT
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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 38 properties listed for sale, and 17 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.