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1261 Ballarto Road

Cranbourne East, VIC 3977, Australia
$290,000

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Area Price Guide
$272,600$307,400

Indicative price guide range

🏘️
73
Comparable
📊
$760,000
Area median
⚖️
-62%
vs median
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Introducing one of Victoria's most promising town centre development opportunities, proudly presented by The Company Real Estate. Positioned at 1261 Ballarto Road, Cranbourne East, this strategically located site sits within the Cranbourne East PSP and directly within a designated neighbourhood activity centre adjacent to a future McDonald's. Surrounded by existing and future residential communities and close to a planned employment precinct, this property is perfectly placed to benefit from long-term growth. Cranbourne East continues to be one of Australia's fastest-growing suburbs, making this a high-conviction opportunity for developers and investors alike. The property boasts an impressive 223 metres of dual street frontage to Ballarto Road and Adrian Street, with less than 400 metres to South Gippsland Highway, ensuring excellent connectivity and exposure. Located just 40 minutes from Melbourne CBD and only 6 minutes to Cranbourne Train Station, the site offers strong accessibility. It is also close to key amenities including Casey Grammar and Cranbourne East Primary School, along with future commercial and employment hubs. With Cranbourne East forecast to grow by nearly 70% to over 46,000 residents by 2041, this is a rare opportunity to secure a site with true town centre potential and long-term upside. Key Highlights Located within Cranbourne East PSP Neighbourhood Activity Centre Adjacent to future McDonald's (high exposure & traffic driver) 223m dual street frontage* (Ballarto Rd & Adrian St) Surrounded by existing & future residential developments Close to future employment & commercial precincts Approx. 40 mins to Melbourne CBD Approx. 6 mins to Cranbourne Train Station Strong population growth forecast (~70% by 2041) This is not just another site, this is a strategic landholding in the heart of Cranbourne East's future town centre. Secure it now, develop it later, or landbank and let the market do the heavy lifting. Contact The Company Real Estate today for comprehensive details on this property. Disclaimer : The Company real estate has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accepts no responsibility and disclaims all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

Property Features

    View full listing on Domain

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    Repayment calculator

    $1,406/month
    $703 /fortnight
    Loan $232,000 at 6.10% over 30 years

    Upfront costs

    Deposit$58,000
    Stamp duty$12,470
    Conveyancing (est.)$2,000
    Total upfront$72,470
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Listed
    2 months ago

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