FOR SALE
For Sale: $2,000,000-$2,200,000

25-29 Thompsons Road
Cranbourne North VIC 3977

Bedrooms: 9
Bathrooms: 4
Car spaces: 6
Land area: 2109m2
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2,109m2 Landbanking Opportunity in strong growth area

Unlock the potential of this extraordinary property-an expansive 2,109m² parcel boasting three separate titles, each adorned with dwellings and commanding prime main road exposure in a burgeoning growth hub! Nestled along a service road, developers will benefit from optimal exposure without the hassles and permits associated with major roadworks. This expansive lot presents limitless opportunities, from crafting a retirement haven to erecting serviced apartments, aged care facilities, childcare centers, medical complexes, car wash business or even boutique hotels and townhouses. The sky's the limit with this high-density zoning (STCA).
Only one neighbor graces the entire 2,109 sqm block, ensuring ample privacy and exclusivity. Convenience reigns supreme as this gem is just a leisurely stroll from Lyndhurst Secondary College and a stone's throw from the retail havens of Thompson Parkway, Springhill, and Casey Central Shopping Centres. Nearby, the bustling Home Maker Centre lines South Gippsland Highway, offering a diverse array of outlets. For commuters, the Merinda Park train station beckons, promising swift connections to the broader region. Seize this rare opportunity before it slips away!
Features:
*Land Size: Approximately 2,109m²
*Three Separate Titles with Dwellings
*High-Density Site - Subject to Council Approval
*Thriving Growth Area
*Perfect for Developers, Investors, Practitioners, Childcare Ventures, etc. - Subject to Council Approval
*Median House Price: $710,000 (Based on 273 Sales Ending March 2024)
*Prime Main Road Exposure! But positioned on a Service Road, Offering Optimal Exposure (30,000 to 40,000 Vehicles Daily) Minus the Hassles of Major Roadworks
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Property Details for 25-29 Thompsons Rd, Cranbourne North

25-29 Thompsons Rd, Cranbourne North is a 9 bedroom, 4 bathroom House with 6 parking spaces. The property has a land size of 2109m2. The place is currently for sale with Haim Real Estate.

Building Type
House
Land Size
2109m2

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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 8,655 properties.

    There are currently 53 properties listed for sale, and 18 properties listed for rent in Cranbourne north on OnTheHouse. According to CoreLogic's data, 336 properties were sold in the past 12 months in Cranbourne north.

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    Tom Tang
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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.