Back 1 Gill Street
Off Market

1 Gill Street

Cranbourne VIC 3977

3
1
1
590 m²
House
John LaurettaJohn Lauretta, last sold this property on 14 August 2025 after 6 days on market.

Overview

PRIME DEVELOPMENT OPPORTUNITY

First Time Offered in 45 Years A Rare Find in the Heart of Cranbourne! This exceptional property presents a golden opportunity for developers, investors, or savvy buyers to capitalise in one of Melbourne's fastest-growing corridors (STCA). Key Features: Residential Growth Zone Schedule 2 with outstanding development potential (STCA) Two existing crossovers High-demand, central Cranbourne location Whether you're planning to build townhouses, add a second dwelling, or establish a Medical Centre, this property ticks all the boxes (STCA). Unbeatable Location: Just a short stroll to Cranbourne Park Shopping Centre, High Street shops, medical facilities, public transport, Cranbourne train station, and local schools including Cranbourne Secondary College. The Existing Home Offers: 3 spacious bedrooms Generous living area Large kitchen Evaporative cooling, split system, and gas wall furnace 10 energy-efficient solar panels Remote control security shutters throughout Strong rental return potential while awaiting development approval Whether you're looking to develop, invest, or land bank, this is an outstanding opportunity in a location that's second to none. Opportunities like this are rare-secure your stake in Cranbourne's future today! For all enquiries, contact John Lauretta directly

Features

3 bedrooms
1 bathroom
1 carspace
590 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Cranbourne over the last 12 months, the estimated median property value of 1 Gill Street is $700k.

Median value
$700k
Estimated value range
$475k - $955k
Median days on market
21
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cranbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 Gill Street

2025
Sold
Undisclosed
Private Sale/Treaty on 14 Aug 2025 by John Lauretta, of Finning First National Real Estate

Happy sellers in Cranbourne

83%
83% of sellers in Cranbourne reported that their sale price either exceeded or met their price expectations.

Cranbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 75 reviews in Cranbourne over the last 12 months.

Local market activity for 3 bedroom houses in Cranbourne

In the last 12 months, 195 three-bedroom houses similar to 1 Gill Street, have been sold.

This represents a 8% decrease in three-bedroom houses sales when compared to the previous 12 months.

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