SOLD
Sold on 01 Sep 2023 for $5,500,000

1390 Western Port Highway
Cranbourne South VIC 3977

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Land area: 48373m2
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Property Details for 1390 Western Port Hwy, Cranbourne South

Building Type
Commercial
Land Size
48373m2
Local Government
Casey
Lot/Plan
1/PS618956

Last Listing description (December 2016)

Fantastic opportunity this unique property offers, it has approved plans and permits for subdivision plus the owners have been running a very successful equestrian business for the past 34 years. This impressive property includes; high clearance garage with work shed, 2 indoor arenas, separate outdoor working area for clinic venue, 500 meters sand track with outdoor all weather riding area in the middle, covered round yard, free jumping area, tie-up stalls, horse washes, saddling yards, tack rooms/feed rooms, excellent fencing to 42 double paddocks all with shelters, mains water, tank water pump on one of the 3 dams on the property, extensive solar panel system and much, much, much more. For more detailed information about this property including development opportunities or the running of the business, call us now.

Property History for 1390 Western Port Hwy, Cranbourne South, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$5,500,000
01 Sep 2023
  • 01 Sep 2023
    Sold for $5,500,000
  • 21 Sep 2016
    Sold for $4,000,000
  • 22 Aug 2016
    Listed for Sale UNDER CONTRACT
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About Cranbourne South 3977

The size of Cranbourne South is approximately 19.7 square kilometres. It has 7 parks covering nearly 0.7% of total area. The population of Cranbourne South in 2011 was 8,743 people. By 2016 the population was 1,654 showing a population decline of 81.1% in the area during that time. The predominant age group in Cranbourne South is 50-59 years. Households in Cranbourne South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne South work in a trades occupation. In 2011, 72.3% of the homes in Cranbourne South were owner-occupied compared with 87% in 2016.

Cranbourne South has 2,179 properties.

    There are currently 20 properties listed for sale, and no properties listed for rent in Cranbourne south on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Cranbourne south.

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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.