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Sold on 21 Aug 2024 - Price Unavailable

170 Cranbourne Road
Narre Warren South VIC 3805

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 184m2
Land area: 3473m2
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Property Details for 170 Cranbourne Rd, Narre Warren South

Building Type
Land
Year Built
1995
Floor Size
184m2
Land Size
3473m2
Local Government
Casey
Lot/Plan
4/LP139575

Last Listing description (August 2024)

Nestled in the prime area of Narre Warren-Cranbourne Road, this luxurious four-bedroom home is situated on nearly 1 acre of picturesque land, elevated with stunning views of the Dandenong Ranges. The property boasts significant commercial potential, sitting on an A-class road with high visibility and exposure. This makes it an ideal location for a range of commercial uses while still offering the charm of a spacious, acreage living property. Currently, the property has a tenant on a month-to-month lease paying $850 per week, adding immediate rental income to this exceptional opportunity.

The residence features a spacious front yard with its own tennis court, a double garage, and a long driveway behind secure electric gates. The recently renovated home includes a large, covered decked verandah perfect for entertaining.

Whether you're seeking a luxurious family home or exploring the potential for subdivision (S.T.C.A.) in this mixed-zoning area, this property offers a unique chance to own your personal slice of paradise with exceptional commercial appeal.

**Premium Features:**
- Expansive 3,473sqm (approx.) land
- Mixed zoning of commercial & residential (S.T.C.A.)
- Prime location on an A-class road with high exposure
- Proposed plan for a Medicare Centre
- Low-maintenance tennis court and gym with A/C
- Master suite with full ensuite and walk-in wardrobe
- Four additional bedrooms with built-in robes
- Large workshop/shed
- Fully fenced and secure
- Ducted heating and split system A/C
- Recently updated carpets and modern neutral d?cor

**Conveniently Located Near:**
- Primary and Secondary schools
- Waverley Christian College
- Early Education Centre
- See Beck Drive Reserve Dog Park
- Restaurants and cafes
- Fountain Gate & Casey Central Shopping Centre
- Monash Freeway, Princes Highway, and South Gippsland Highway

**Additional Information:**
- Chattels: All fittings and fixtures inspected as permanent
- Deposit terms: 10% of the purchase price
- Preferred settlement: 60/90 days

Opportunities like this, with development potential S.T.C.A. and outstanding commercial exposure, are rare. Contact Sajjad or Khalid today to make this remarkable property your latest investment before it?s gone.

**Only One Thing Left To Do:** Don?t miss your chance to secure this exceptional property with endless possibilities. Schedule a viewing today and envision the future that awaits you at this stunning Narre Warren-Cranbourne Road address. Contact Sajjad or Khalid now to make this remarkable property yours before it's gone!

Property History for 170 Cranbourne Rd, Narre Warren South, VIC 3805

A timeline of how this property has performed in the market
Last Sold
21 Aug 2024
Listed for Rent
$720/w
04 May 2022
  • 21 Aug 2024
    Sold
  • 12 Aug 2024
    Listed for Sale Not Disclosed
  • 31 Jan 2024
    Listed for Sale Not Disclosed
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About Narre Warren South 3805

The size of Narre Warren South is approximately 13.1 square kilometres. It has 44 parks covering nearly 12.6% of total area. The population of Narre Warren South in 2011 was 28,595 people. By 2016 the population was 30,299 showing a population growth of 6.0% in the area during that time. The predominant age group in Narre Warren South is 10-19 years. Households in Narre Warren South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narre Warren South work in a trades occupation. In 2011, 84.9% of the homes in Narre Warren South were owner-occupied compared with 82.6% in 2016.

Narre Warren South has 9,901 properties. Over the last 5 years, Houses in Narre Warren South have seen a 37.55% increase in median value, while Units have seen a 31.96% increase. As at 30 September 2024:

  • The median value for Houses in Narre Warren South is $864,402 while the median value for Units is $671,920.
  • Houses have a median rent of $590 while Units have a median rent of $505.
There are currently 52 properties listed for sale, and 10 properties listed for rent in Narre warren south on OnTheHouse. According to CoreLogic's data, 355 properties were sold in the past 12 months in Narre warren south.

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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.