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25-29 Thompsons Road
Cranbourne North VIC 3977
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25-29 Thompsons Road Cranbourne North VIC 3977

  • Development / Land
  • 2,109 m²
  • For Sale, For Sale: $2,000,000-$2,200,000

2,109m2 Landbanking Opportunity in strong growth area

    Unlock the potential of this extraordinary property-an expansive 2,109m² parcel boasting three separate titles, each adorned with dwellings and commanding prime main road exposure in a burgeoning growth hub! Nestled along a service road, developers will benefit from optimal exposure without the hassles and permits associated with major roadworks. This expansive lot presents limitless opportunities, from crafting a retirement haven to erecting serviced apartments, aged care facilities, childcare centers, medical complexes, car wash business or even boutique hotels and townhouses. The sky's the limit with this high-density zoning (STCA).

    Only one neighbor graces the entire 2,109 sqm block, ensuring ample privacy and exclusivity. Convenience reigns supreme as this gem is just a leisurely stroll from Lyndhurst Secondary College and a stone's throw from the retail havens of Thompson Parkway, Springhill, and Casey Central Shopping Centres. Nearby, the bustling Home Maker Centre lines South Gippsland Highway, offering a diverse array of outlets. For commuters, the Merinda Park train station beckons, promising swift connections to the broader region. Seize this rare opportunity before it slips away!

    Features:

    *Land Size: Approximately 2,109m²
    *Three Separate Titles with Dwellings
    *High-Density Site - Subject to Council Approval
    *Thriving Growth Area
    *Perfect for Developers, Investors, Practitioners, Childcare Ventures, etc. - Subject to Council Approval
    *Median House Price: $710,000 (Based on 273 Sales Ending March 2024)
    *Prime Main Road Exposure! But positioned on a Service Road, Offering Optimal Exposure (30,000 to 40,000 Vehicles Daily) Minus the Hassles of Major Roadworks
    *Secured Leases:
    25 Thompson Road: 12-Month Lease Ending on 18/02/2025, Renting at $2,042.00 per Calendar Month
    27 Thompson Road: 12-Month Lease Ending on 31/01/2025, Renting at $2,042.00 per Calendar Month
    29 Thompson Road: 12-Month Lease Ending on 18/01/2025, Renting at $1,999.00 per Calendar Month

    Property Highlights

    Floor Area642 m²
    Land Area2,109 m²
    Parking6 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019284783
    Category
    Last updated  6 Jul 2024
    Map for 25-29 Thompsons Road Cranbourne North VIC 3977

    Property Highlights

    Floor Area642 m²
    Land Area2,109 m²
    Parking6 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019284783
    Category
    Last updated  6 Jul 2024

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