1/16 Russell StreetCranbourne VIC 3977
Property Details for 1/16 Russell St, Cranbourne
1/16 Russell St, Cranbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 208m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (December 2022)
CRANBOURNE: Sensationally situated within paces to major shopping facilities, local schools and public transport, this affordable unit is positioned on a very healthy 200m2+ fenced allotment. Combining lifestyle convenience with the exciting scope to modernise and add your own personal flair, 1/16 Russell Street is yours for the taking!
A savvy opportunity for first-timers, empty nesters and investors looking to boost their portfolio, this 2 bedroom single-level home displays great bones for a contemporary refurb, which will also entice renovators.
Fitted with chic woodgrain flooring, the open-plan living and dining area runs off the entry and provides a neutral backdrop for your own interior styling and decor. Don't forget the gas heating and split-system cooling that caters to all-season comfort!
Perfectly functional, the roomy kitchen offers a breakfast bar and freestanding stainless-steel gas stove, while a glass slider unites the casual meals zone with the private garden setting. Delivering ample room for green thumbs, relaxing in the open air and for the kids and pets to play, this space has to be one of the major selling attractions!
Cleverly zoned down a separate hall of the residence, the 2 bedrooms feature built-in robes and share the family bathroom with separate bath, shower and toilet facilities. Not to mention added extras including the full laundry room, single garage plus an off-street parking bay!
If you believe in the adage that good real estate revolves around a central location then you won't be disappointed - there's easy access to the South Gippsland Highway, Westernport Highway and Narre Warren-Cranbourne Road.
Just a stone's throw to the Cranbourne train station, Cranbourne Park Shopping Centre, Cranbourne Primary School, Cranbourne Secondary College, Casey Grammar, Chisholm Tafe and popular recreational facilities, this box-ticking position is always in high rental demand.
This is a unique opportunity to break into the real estate market without breaking the bank so don't delay!
BOOK AN INSPECTION TODAY, IT MAY BE GONE TOMORROW - PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS!
DISCLAIMERS:
Every precaution has been taken to establish the accuracy of the above information, however, it does not constitute any representation by the vendor, agent or agency.
Our floor plans are for representational purposes only and should be used as such. We accept no liability for the accuracy or details contained in our floor plans.
Due to private buyer inspections, the status of the sale may change prior to pending Open Homes. As a result, we suggest you confirm the listing status before inspecting.
Property History for 1/16 Russell St, Cranbourne, VIC 3977
- 12 Oct 2022Sold for $420,000
- 21 Sep 2022Listed for Sale $400,000 - $440,000
- 23 Feb 2019Transferred
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0About 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 10,831 properties. Over the last 5 years, Houses in Cranbourne have seen a 28.60% increase in median value, while Units have seen a 20.51% increase. As at 28 February 2025:
- The median value for Houses in Cranbourne is $698,216 while the median value for Units is $470,567.
- Houses have a median rent of $525 while Units have a median rent of $470.
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