Home/Properties/Cranbourne/Approved Plans & Permits for Three Townhouses on 828sqm (Approx.)
Approved Plans & Permits for Three Townhouses on 828sqm (Approx.), Cranbourne$790,000
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Approved Plans & Permits for Three Townhouses on 828sqm (Approx.)

Cranbourne, VIC 3977, Australia
Approximate location shown. Contact agent for exact address.
$760,000 – $820,000
3 bed 1 bath 2 car828 m²

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About this property

An exceptional opportunity awaits with this well-positioned property offering immediate value today and exciting potential for tomorrow. Set on a substantial 828sqm (approx.) allotment, this property comes complete with approved plans and permits for the construction of three modern townhouses, making it an outstanding prospect for developers, investors, builders, or savvy buyers looking to capitalise on a ready-to-go project. The existing home comprises three spacious bedrooms, a central bathroom, comfortable living area, and a functional kitchen with adjoining meals space. Whether you choose to move in and enjoy, lease it out for immediate rental income, renovate to add value, or demolish and commence your approved townhouse development, the choice is yours. With the hard work already done, this is a rare opportunity to fast-track your next project while benefiting from a highly sought-after location close to schools, shopping centres, public transport, parks, and everyday amenities. Property Features: - Approved plans and permits for three townhouses - Generous 828sqm (approx.) allotment - Existing three-bedroom, one-bathroom home - Comfortable living and functional floorplan - Excellent investment or development opportunity - Live in, lease out, renovate, or demolish and build (STCA where applicable) - Convenient location close to schools, shops, transport, and parklands Opportunities like this are increasingly rare. Secure a property that offers immediate flexibility and outstanding future potential in one impressive package. Contact the TEAM today for more information or to book your private inspection. Anita: 0415 461 214 Harpreet: 0481 314 949 DISCLAIMER: All stated dimensions in the content and photos are approximate only. Some images have been digitally enhanced and virtually staged for illustrative purposes only. Due diligence check list: http://www.consumer.vic.gov.au/duediligencechecklist

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
828 m²
Listed
2 weeks ago

Repayment calculator

$3,830/month
$1,915 /fortnight
Loan $632,000 at 6.10% over 30 years

Upfront costs

Deposit$158,000
Stamp duty$42,470
Conveyancing (est.)$2,000
Total upfront$202,470
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.

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Neighbourhood

Living in Cranbourne

This 3-bedroom house in Cranbourne, VIC 3977 sits within reach of public transport, local shops and nearby schools. It is listed 12% above the $706,000 median of 65 comparable houseswithin 5 km.

Schools near Cranbourne

  • Lighthouse Christian College Cranbournecombined · Prep-12 · CoEd
  • Cranbourne Carlisle Primary Schoolprimary · Prep-6 · CoEd
  • Cranbourne Park Primary Schoolprimary · Prep-6 · CoEd
  • Cranbourne Primary Schoolprimary · Prep-6 · CoEd
  • Cranbourne West Primary Schoolprimary · Prep-6 · CoEd
  • Rangebank Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Grace St/High St (bus)115 m away
  • Cranbourne Motor Group51 m away
  • Unnamed137 m away
  • Unnamed536 m away
  • Unnamed773 m away

Cranbourne at a glance

Full suburb profile
Population
21,281
Median age
35
Household income
$1,477/wk
Median rent
$342/wk
Median mortgage
$1,627/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Cranbourne price trend

Median sold · House 3 bed

Compound growth +2.7% / yr over 4 yrs

$690kcurrent median

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Price history

Price history

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1 price change recorded for this property

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