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20 Lyall Street

Cranbourne VIC 3977

3
1
4
849 m²
House
Currently for sale - view listing

Overview

Astute Investors amazing opportunity with plan and permits for 5 town houses.

I’m thrilled to present an exceptional investment opportunity at 20 Lyall Street, Cranbourne VIC 3977. Situated in Zone 1 close to all amenities and Cranbourne park shopping center on approximately 849 square meters of land, this property boasts a spacious 3-bedroom house with 1-bathroom, generous living areas, and a kitchen meals area. Convenience is key with this property. It’s just a stone’s throw away from a bus stop, offering easy access to transport. You’ll also find Cranbourne Shopping Centre and schools within comfortable walking distance, making it incredibly convenient for everyday living. For savvy investors, this property comes with approved plans and permits for 5 townhouses, allowing you to maximize its potential and capitalize on the burgeoning demand for housing in this desirable area. Currently, the property is tenanted to lovely tenants who pay $400 per week, providing a steady rental income stream from day one. This is a perfect opportunity for investors looking to expand their portfolio or enter the lucrative property development market. With plans and permits already in place, you can hit the ground running and start seeing returns immediately. Don’t miss out on this rare opportunity to secure a prime piece of real estate with both immediate rental income and substantial future development potential. Whether you’re looking for a solid rental investment or to capitalize on development opportunities, 20 Lyall Street, Cranbourne VIC 3977, offers it all. Contact us today for more information. DISCLAIMER: Every effort has been made to ensure the accuracy of the information provided; however, it does not constitute any representation by the vendor, agent, or agency. The floor plans, photos, and site plans are for illustrative purposes only and should be used as such. Our floor plans and site plans may not accurately reflect the final layout or details of the property. Photos may be edited or enhanced to improve presentation, which may include the addition of household items or modifications. All information contained herein has been supplied by the vendor. The agent and vendor accept no liability for the accuracy of any information, including details in the photos, floor plans, or site plans, contained in this brochure. Buyers are advised to conduct their own due diligence, including physical inspections, review of legal documents, and any other checks they deem necessary. Neither the vendor nor the agent assumes any responsibility for the accuracy or completeness of any information provided. Due to private buyer inspections, the status of the sale may change prior to scheduled Open Homes. We recommend confirming the current listing status before arranging an inspection.

Features

3 bedrooms
1 bathroom
4 carspaces
4 open car spaces
849 m² lot size
House

Property history for 20 Lyall Street

2022
Rented
Undisclosed
Leased on 05 Sep 2022 by Milestone Real Estate
2022
Sold
Undisclosed
Private Sale/Treaty on 02 May 2022

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, 196 three-bedroom houses similar to 20 Lyall 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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