Back 32 Stirling Avenue
Off Market

32 Stirling Avenue

Cranbourne North VIC 3977

5
1
21
1555 m²
House
Last sold for $1,750,000
Tony CheTony Che, last sold this property on 22 May 2025 after 167 days on market.

Overview

PREMIUM MEDICAL INVESTMENT

Strategically situated in a booming growth corridor with excellent exposure onto South Gippsland Hwy, this purpose designed medical centre sits on 1,555sqm approx. and provides a heathy return making it the ideal investment to add to your portfolio with an established medical practice in operation and excellent rental returns with annual CPI increases. • Modern purpose designed, single level medical practice with a thoughtful RACGP compliant configuration that draws in natural light for a pleasant working environment and was planned in consultation with a doctor to ensure functionality and excellent disability access • Street exposure to South Gippsland Hwy, the main arterial route between Cranbourne and Melbourne with over 70,000 passing vehicles and convenient clinic access from Stirling Ave • Established medical/dental practice with excellent client base • Secure 5-year rental agreement from 2023 • 2 x 5year term options • Annually increased rental return commencing at $123,071.52 per annum plus GST being $10,255.96 per month • Fixed annual rental increases of 4% to ensure continued rental growth • High quality fit-out • 1,555sqm approx. total site area • Large waiting room/reception foyer • 6 medical consulting rooms • 2 dental consulting rooms • General treatment room • Practice manager office • Staff room with sink • Bathroom plus three separate toilets • Wheelchair access to consulting suites and disabled toilet • Various storage rooms • Steel shutters to rear windows for added security • 21 parking spaces • Heating and air conditioning Located just off South Gippsland Hwy with easy access to Thompson Parkway Shopping Centre, Cranbourne Park Shopping Centre, Cranbourne Homemaker Centre, Casey Central shops, Lynbrook train station, bus stops, childcare centres, primary and secondary schools, sports grounds and Cranbourne Golf Club. Photo ID required at all open for inspections. Disclaimer: We have in preparing this document used our best endeavors to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Features

5 bedrooms
1 bathroom
21 carspaces
21 open car spaces
1555 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Cranbourne North over the last 12 months, the estimated median property value of 32 Stirling Avenue is $975k.

Median value
$975k
Estimated value range
$605k - $1.75m
Median days on market
46
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cranbourne North. 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 32 Stirling Avenue

2025
Sold
$1,750,000
22 May 2025 by Tony Che, of Professionals First & Co.

Happy sellers in Cranbourne North

89%
89% of sellers in Cranbourne North reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 86 reviews in Cranbourne North over the last 12 months.

Local market activity for 5 bedroom houses in Cranbourne North

In the last 12 months, 31 five-bedroom houses similar to 32 Stirling Avenue, have been sold.

This represents a 82% decrease in five-bedroom houses sales when compared to the previous 12 months.

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