FOR SALE
$430,000 - $460,000

14 Rocket Lane
Cranbourne North VIC 3977

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 105m2
Land area: 4356m2
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Ideal Apartment in the Heart of Cranbourne North

Discover this ideally situated 2-bedroom, 1.5-bathroom apartment in the vibrant heart of Cranbourne North.
Located near local shopping centres, including supermarkets, chemists, and restaurants, this property also offers convenient access to Thompsons Road and nearby parklands.
Spread across two comfortable levels, this apartment features a master bedroom with split system heating and cooling for year-round comfort. The second bedroom comes with built-in robes and is serviced by the main bathroom. The open-plan kitchen, living, and dining area also benefits from a split system, ensuring a pleasant environment throughout. The kitchen is equipped with stainless steel appliances, and the living area opens onto a balcony, providing a perfect space for relaxation.
The apartment�s location is a significant advantage, with Tulliallan Primary School within walking distance and Alkira Secondary College a short bike ride away. Additionally, the Melbourne CBD is just a 40-minute drive, offering easy access to the city�s amenities and attractions.
Currently tenanted on a month-to-month lease with a rental return of $1,651 per month, this property presents a great opportunity for investors, with the current tenants willing to continue their lease. For those seeking an affordable, low-maintenance investment, this apartment is not to be missed.
For more information or to arrange a viewing, please contact Sahil Alocozy at 0424 182 628.
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Property Details for 14 Rocket Lane, Cranbourne North

14 Rocket Lane, Cranbourne North is a 2 bedroom, 2 bathroom Unit. The property has a land size of 4356m2 and floor size of 105m2. The place is currently for sale with LJ Hooker Cranbourne.

Building Type
Unit
Floor Size
105m2
Land Size
4356m2

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About Cranbourne North 3977

The size of Cranbourne North is approximately 10.3 square kilometres. It has 35 parks covering nearly 12.5% of total area. The population of Cranbourne North in 2011 was 14,571 people. By 2016 the population was 20,116 showing a population growth of 38.1% in the area during that time. The predominant age group in Cranbourne North is 0-9 years. Households in Cranbourne North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne North work in a trades occupation. In 2011, 76.9% of the homes in Cranbourne North were owner-occupied compared with 74.6% in 2016.

Cranbourne North has 8,653 properties. Over the last 5 years, Houses in Cranbourne North have seen a 38.31% increase in median value, while Units have seen a 32.55% increase. As at 31 August 2024:

  • The median value for Houses in Cranbourne North is $748,414 while the median value for Units is $533,946.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 45 properties listed for sale, and 9 properties listed for rent in Cranbourne north on OnTheHouse. According to CoreLogic's data, 348 properties were sold in the past 12 months in Cranbourne north.

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Sahil Alocozy
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LJ Hooker Cranbourne
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