SOLD
Sold on 24 Jan 2024 for $825,000

1 Laidlaw Lane
Cranbourne West VIC 3977

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 730m2
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Property Details for 1 Laidlaw Lane, Cranbourne West

Building Type
Land
Land Size
730m2
Local Government
Casey
Lot/Plan
92/PS742537

Last Listing description (September 2023)

Discover the ultimate investment opportunity with this exceptional vacant land offering in the heart of the rapidly expanding Cranbourne West growth corridor. Spanning an expansive 730m2, this property comes with a town planning permit for the construction of two well-designed warehouses, measuring approximately 178m2 and 170m2 each.

Strategically situated to provide seamless access to key transportation networks, including Eastlink, Western Port Highway, major roads, and arterials, this location ensures effortless vehicle movement and optimal connectivity.

Boasting an impressive 29.4m frontage to Paramount Boulevard, these warehouses are perfectly positioned for maximum visibility and exposure, catering to a diverse range of businesses.

Seize this rare opportunity to capitalize on the remarkable growth potential of Cranbourne West. Act now to secure your slice of this expanding and dynamic industrial landscape. Contact us today to discuss your vision and secure your investment in the future of commercial real estate.

Don't miss out on the chance to make this strategic move in the thriving business hub of Cranbourne West! Contact us for further details and to arrange a site visit. Your next successful venture starts here.

Enquire at www.faceyproperty.com.au to make you next move.

Property History for 1 Laidlaw Lane, Cranbourne West, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$825,000
24 Jan 2024
  • 24 Jan 2024
    Sold for $825,000
  • 07 Sep 2023
    Listed for Sale $803,000
  • 24 Feb 2020
    Sold for $363,000

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About Cranbourne West 3977

The size of Cranbourne West is approximately 11.8 square kilometres. It has 23 parks covering nearly 10.1% of total area. The population of Cranbourne West in 2011 was 8,743 people. By 2016 the population was 15,046 showing a population growth of 72.1% in the area during that time. The predominant age group in Cranbourne West is 30-39 years. Households in Cranbourne West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cranbourne West work in a trades occupation. In 2011, 72.3% of the homes in Cranbourne West were owner-occupied compared with 76% in 2016.

Cranbourne West has 8,960 properties. Over the last 5 years, Houses in Cranbourne West have seen a 35.27% increase in median value, while Units have seen a 31.46% increase. As at 31 October 2024:

  • The median value for Houses in Cranbourne West is $724,209 while the median value for Units is $548,825.
  • Houses have a median rent of $570 while Units have a median rent of $540.
There are currently 56 properties listed for sale, and 20 properties listed for rent in Cranbourne west on OnTheHouse. According to CoreLogic's data, 379 properties were sold in the past 12 months in Cranbourne west.

Suburb Insights for Cranbourne West 3977

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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.