FOR SALE
Private Sale: $980,000-$1,060,000

15 Bakewell Street
Cranbourne VIC 3977

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 955m2
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Plan and Permits for 5 Townhouses In the Heart Of Cranbourne!

This 3-bedroom home is brimming with potential, set on an expansive 955m² block in a prime location and within the activity zone of Cranbourne. Nestled in a blue-chip area, it's surrounded by the town centre's many local amenities. It's an ideal opportunity for investors, developers, land bankers, or those looking to move in with plans to capitalise on their investment.
The property's unbeatable central location is a major draw. Just a short stroll to Aldi, High Street, and Cranbourne Park Shopping Centre, it offers convenience at your doorstep. If you believe that prime real estate hinges on location, this property will exceed your expectations. It even comes with planning permits for 5 townhouses, making it a top-notch development site.
Disclaimer: We have in preparing this document used our best endeavours 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. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries 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
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Property Details for 15 Bakewell St, Cranbourne

15 Bakewell St, Cranbourne is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 955m2. The place is currently for sale with Ray White Clayton.

Building Type
House
Land Size
955m2

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About Cranbourne 3977

The size of Cranbourne is approximately 16.5 square kilometres. It has 47 parks covering nearly 40.2% of total area. The population of Cranbourne in 2011 was 18,621 people. By 2016 the population was 20,090 showing a population growth of 7.9% in the area during that time. The predominant age group in Cranbourne is 0-9 years. Households in Cranbourne are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cranbourne work in a trades occupation. In 2011, 69.2% of the homes in Cranbourne were owner-occupied compared with 66.2% in 2016.

Cranbourne has 10,781 properties. Over the last 5 years, Houses in Cranbourne have seen a 36.30% increase in median value, while Units have seen a 35.79% increase. As at 31 July 2024:

  • The median value for Houses in Cranbourne is $695,902 while the median value for Units is $488,386.
  • Houses have a median rent of $500 while Units have a median rent of $460.
There are currently 55 properties listed for sale, and 32 properties listed for rent in Cranbourne on OnTheHouse. According to CoreLogic's data, 438 properties were sold in the past 12 months in Cranbourne.

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Michael Renzella
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Gurpreet Teja
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Ray White Clayton
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