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38 Mayfield Road

Cranbourne East, VIC 3977, Australia
$2.55m
39777371m²

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Area Price Guide
$2.40m$2.70m

Indicative price guide range

🏘️
68
Comparable
📊
$799,000
Area median
⚖️
+219%
vs median
📐
$0
Per m²
📏
39777371 m²
Land
🗓️
1 month 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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Heritage

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About this property

Seize the opportunity in one of Melbourne's fastest-growing corridors with this exceptional property! Located in the coveted GRZ1 zoning area, 38 Mayfield Rd, Cranbourne East is a goldmine for developers, investors, and land bankers. The existing home offers comfortable and practical family living, featuring 4 well-sized bedrooms and 2 bathrooms, making it ideal for growing families or investors. Multiple living areas provide plenty of space for relaxation, entertaining, or creating separate zones for family members. The layout is designed for convenience and everyday comfort, with generous natural light flowing throughout the home. Outside, the property also includes a large shed that can be used for secure car parking, additional storage, or a workshop space, adding great functionality to the property. With ample space both inside and out, this home offers a perfect blend of comfort, versatility, and lifestyle. Why 38 Mayfield ? 1.Expansive Land This expansive 7371 sqm (approx.) of flat land offers you a rare canvas to bring your visionary projects to life. 2. Strategic Investment in GRZ1 Zoning Positioned perfectly in a high-growth area, the site is primed for future development and significant capital gains (STCA). This zoning magnifies the property's potential, allowing more flexible development options. 3.Prime Location for Every Convenience Minutes away from top schools, bustling shopping centers, efficient transport networks, and major arterials, it's the perfect starting point for your next big venture. Whether you're envisioning a bustling residential development, a lucrative investment portfolio, or a prime land bank hold, 38 Mayfield Rd is your gateway to significant returns in Cranbourne East's evolving landscape. Don't Miss Out Secure this strategic holding today and be part of Cranbourne East's transformation. Opportunities like this are rare and highly sought after-act now and start crafting your prosperous future! Contact Manjit Singh today to explore the limitless possibilities this remarkable property has to offer!

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $12,362/month
    $6,181 /fortnight
    Loan $2,040,000 at 6.10% over 30 years

    Upfront costs

    Deposit$510,000
    Stamp duty$145,750
    Conveyancing (est.)$2,000
    Total upfront$657,750
    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
    Land Area
    39777371m²
    Listed
    1 month ago

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