5 Carramar RoadCranbourne South VIC 3977
Property Details for 5 Carramar Rd, Cranbourne South
5 Carramar Rd, Cranbourne South is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a floor size of 201m2.
Last Listing description (December 2018)
Large land bank opportunity with significant future development potential, combined with growing population in the Casey Shire, this Corner landholding of approx 5 acres on Browns Road, a main thoroughfare passed by thousands of cars daily. Positioned perfectly on a bitumen road this property is ideally located with easy freeway access to Melbourne & the Westernport area.
Great Rental Return, will suit Investors & Landlords. Favourable 5 / 5 / 5 year lease structure with 4% increases and all outgoings paid by the tenant.
For Sale with Receipt of Rents & Profits:
Tenant: Wholesale Plants Direct - working Wholesale & Retail Nursery
Property Description:
Home: 4 Bedroom Home, Master with Ensuite, delightful lounge with coonara style heater & a fantastic timber kitchen with all the mod-cons overlooking the enormous family room, ducted heating & refrigerated cooling.
Land: Located on approx 5 Acres, 8 igloos, mains water, recycling watering system, 5 x 31,000 litre water tanks, 2 dams & plenty of shedding,
Tenant Running a Nursery Business
TERMS:
Expressions of Interest Close Monday 10th April 2017 @ 5pm
CONDITIONS:
Deposit: 10% Settlement: 60 / 90 / 120 Days
Property History for 5 Carramar Rd, Cranbourne South, VIC 3977
- 27 Mar 2017Listed for Sale Under Offer
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0About 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 2,174 properties. Over the last 5 years, Houses in Cranbourne South have seen a 11.51% increase in median value. As at 31 August 2024:
- The median value for Houses in Cranbourne South is $837,114 while the median value for Units is $629,956.
- Houses have a median rent of $595.
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