108 Lesdon AvenueCranbourne VIC 3977
Property Details for 108 Lesdon Ave, Cranbourne
108 Lesdon Ave, Cranbourne is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1988. The property has a land size of 650m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (August 2024)
ALI BARATALI ? Real Estate Xpert proudly presents an exciting property: 108 Lesdon Ave, Cranbourne.
This expansive property boasts exceptional potential, featuring 5 bedrooms, 3 bathrooms (unfinished), two spacious living areas, and a 4-car garage. Situated on a generous 655m2 block, this property is strategically located within walking distance to schools, the Merinda Park train station, and the Thompson Parkway shopping centre, making it an ideal investment for families and professionals alike.
While the property may require some renovation and finishing touches, the discerning buyer will undoubtedly reap substantial rewards, given the remarkable profit margin it offers. This is your chance to transform this diamond in the rough into a gem of your own design.
Not only does this property offer a spacious main residence, but it also presents an exceptional opportunity for developers, with the potential to build 3 townhouses (subject to council approval). Imagine the possibilities for creating modern, stylish living spaces in a sought-after location.
Furthermore, this property includes a 2-bedroom, 1-bathroom granny flat at the back, showcasing the potential for an additional monthly income of $1,000, making it an attractive prospect for those looking to expand their investment portfolio.
For the discerning investor, the main residence has the potential to generate a monthly rental income of $2,000-$2,500. With the thriving Cranbourne area experiencing steady growth and development, this property presents an outstanding opportunity to capitalize on the high rental demand in the region.
To explore the full potential of this remarkable property, we invite you to schedule an inspection by appointment. Please don't hesitate to call Ali Baratali for any inquiries or to arrange a viewing.
Act quickly and seize this once-in-a-lifetime opportunity to secure your investment in one of Cranbourne's most promising locations.
Don't miss out on the chance to unlock the true potential of 108 Lesdon Ave, Cranbourne. Enquire now to make this exceptional property your next successful investment venture.
Property History for 108 Lesdon Ave, Cranbourne, VIC 3977
- 17 Nov 2023Sold for $590,000
- 31 Oct 2023Listed for Sale AUCTION TONIGHT @7PM!
- 01 Jul 2017Sold for $420,000
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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 10,791 properties. Over the last 5 years, Houses in Cranbourne have seen a 32.51% increase in median value, while Units have seen a 30.50% increase. As at 31 October 2024:
- The median value for Houses in Cranbourne is $700,916 while the median value for Units is $488,568.
- Houses have a median rent of $520 while Units have a median rent of $475.
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