Cranbourne

Huge Development Opportunity (STCA) Approx 1955m2 GRZ1

Unique opportunity to purchase 3 blocks side by side for investors and developers looking for a development opportunity (STCA).

Well situated close to the South Gippsland Freeway, Cranbourne Train station, plenty of local shops, and in the Rangebank Primary and Cranbourne Secondary School Zones.

26 Averne: GRZ1. 627m2
24 Averne: GRZ1. 667m2
22 Averne: GRZ1. 661m2
Total size - 1955m2 approx *

26 Averne St is a 3 bedroom 1 bathroom house that has been updated recently. Able to rent out for at least $300pw.
24 Averne St is a 3 bedroom 1 bathroom house in mostly original condition. Able to rent out for at least $300pw.
22 Averne is a 3 bedroom 1 bathroom house that was updated recently. It has a huge extension which runs the length of the home that is the theatre and entertaining room. Downlights, ceiling fans and throughout the property, and off street parking for two cars in the large garage. Currently rented out on a private arrangement. Potentially able to achieve a rental return of over $340pw.

These three homes are looking for some inspiration, with such a large site there are many options available for the astute developer or investor.

Located in the Casey City Council.

Also available for individual sale.

*Sizes quoted are estimates only.