299 South Gippsland Hwy, Cranbourne is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 670m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in August 2018.
CRANBOURNE - WHAT AN OPPORTUNITY for investment and/or potential development! A PRIME property locale on a CORNER block of approx. 670sqm! Within walking distance to schools, shopping centres, local parklands, public transport and everything else this fabulous location has to offer. The house itself is a solid 3BR brick veneer home, with updated kitchen/meals, 3 good-size bedrooms, two with BIRs, family bathroom, separate laundry and open living with gas space heating. Newly carpeted throughout, freshly painted, the addition of split system heating/cooling for year round comfort and new drapery add to this light, bright and airy home. Outside is plenty of yard space for the pets and socialising with friends around the BBQ. The POTENTIAL of this block is outstanding - with the option to build townhouses or keep the existing property & build an income generating investment unit (STCA), or are you someone looking to establish a doctor's surgery, dental surgery or childcare or wellness centre? There really is so much potential with this property.
Please contact the Agent to arrange a private inspection or attend as scheduled.
CRANBOURNE CENTRAL:
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 10,788 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:
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