OFF MARKET

12 Camino Crescent
Cranbourne West VIC 3977

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1250m2
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Property Details for 12 Camino Cres, Cranbourne West

Building Type
Commercial
Land Size
1250m2
Local Government
Casey
Lot/Plan
230/PS826858

Last Listing description (November 2023)

TWO SOLD, TWO REMAINING

Nichols Crowder and Cameron are delighted to bring to market Poplar Constructions latest development.

Built to the highest standard by one of the most experienced commercial builders in Melbourne, an inspection will impress.

Located in the booming South East Melbourne growth corridor, Paramount Boulevard is located in Cranbourne West's Evan's Park Estate. The area has benefited from infrastructure upgrades along Thompsons Road easing congestion and improving traffic flow throughout the area.

Features include:

* Four (4) office/warehouses (two sold, two remaining)
* Total building area: 916sqm* each
* Each with a 152sqm* airconditioned first floor office
* Own title, no owners corporation
* Land area: 1,250sqm* each
* Fully fenced with motorised gates
* Motorised roller door 5m* high
* Male and female amenities
* Warehouse height up to 9m*
* Construction due for completion August 2023

PLEASE NOTE:

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

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Property History for 12 Camino Cres, Cranbourne West, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$3,036,000
04 Oct 2023
  • 04 Oct 2023
    Sold for $3,036,000
  • 23 Feb 2023
    Listed for Sale $2,760,000 + GST
  • 26 Nov 2018
    Sold for $526,900

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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 8,899 properties. Over the last 5 years, Houses in Cranbourne West have seen a 37.32% increase in median value, while Units have seen a 39.26% increase. As at 30 September 2024:

  • The median value for Houses in Cranbourne West is $720,174 while the median value for Units is $564,171.
  • Houses have a median rent of $565 while Units have a median rent of $540.
There are currently 49 properties listed for sale, and 16 properties listed for rent in Cranbourne west on OnTheHouse. According to CoreLogic's data, 372 properties were sold in the past 12 months in Cranbourne west.

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