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38 Averne Street

Cranbourne VIC 3977

4
4
2
1000 m²
House
Currently for sale - view listing

Overview

An Exclusive Dual-Residence Portfolio with High-Yield Income & Future Growth Potential

Positioned on an impressive 1,000m² (approx.) allotment under one title, 38 Averne Street, Cranbourne presents an outstanding opportunity for investors, developers, multi-generational families or buyers seeking flexibility, income potential and exciting future possibilities. The property currently comprises two fully self-contained, mirror-image residences, offering the versatility of dual living or two potential income streams while remaining together on a single title. Adding further appeal is the potential for future subdivision (STCA), creating an exciting opportunity for buyers looking to maximise the property's long-term potential. Key Features: -Future Subdivision Potential: Generous 1,000m² (approx.) allotment currently held under one title, offering potential for future subdivision (STCA) -Two Self-Contained Residences: Two separate, mirror-image homes providing excellent flexibility for investment, extended family living or multiple generations -Income Potential: An attractive opportunity to generate income from two separate residences within the one property -Spacious Living: Each residence features a generous, light-filled living area flowing into a dedicated dining space -Functional Kitchens: Well-designed kitchens with built-in pantry storage, generous cabinetry and full-size fridge space -Bedrooms & Amenities: Each residence offers two generous bedrooms with built-in robes, serviced by a central bathroom with bathtub and separate WC -Laundry & Storage: Dedicated internal laundry with convenient access to the rear yard -Garaging & Parking: A secure single garage for each residence, complemented by generous driveway and off-street parking -Outdoor Space: Private lawn areas and covered front verandahs provide additional space to relax and enjoy Ideally positioned in a convenient Cranbourne location, the property is within easy reach of Cranbourne Park Shopping Centre, Cranbourne Train Station, local schools, public transport, cafés and surrounding parklands, placing everyday essentials and lifestyle amenities close at hand. Offering two residences, one substantial allotment and exciting future subdivision potential (STCA), this is a rare opportunity with outstanding flexibility for today and possibilities for tomorrow. DISCLAIMERS: Every reasonable effort has been made to ensure the accuracy of the information provided; however, neither the vendor, agent, nor agency makes any representation or warranty as to its completeness or correctness. The floor plans provided are for illustrative purposes only and should be treated as such. No liability is accepted for any inaccuracies or omissions in the details or dimensions represented. As the property may be subject to private inspections, the sale status could change prior to scheduled Open Homes. Prospective buyers are advised to verify the current availability of the property before attending any inspection.

Features

4 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
1000 m² lot size
House

Happy sellers in Cranbourne

85%
85% 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 63 reviews in Cranbourne over the last 12 months.

Local market activity for 4 bedroom houses in Cranbourne

In the last 12 months, 131 four-bedroom houses similar to 38 Averne Street, have been sold.

This represents a 5% increase in four-bedroom houses sales when compared to the previous 12 months.

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