Back 69 Clarendon Street
Off Market

69 Clarendon Street

Cranbourne VIC 3977

4
2
6
181 m²
986 m²
House
Last sold for $980,000
Leo BiLeo Bi, last sold this property on 19 December 2025 after 498 days on market.

Overview

Prime Development Opportunity with Approved Plans for 5 Dwellings

An exceptional development opportunity with approved planning permits for five dwellings. Perfectly positioned in a high-demand pocket of Cranbourne, this property offers a rare blend of current rental potential and future redevelopment value. Set on a substantial parcel of land, the existing site features a spacious main residence plus a self-contained studio, ideal for dual living or rental income while you plan your project. The main home includes multiple living zones, four bedrooms, a well-equipped kitchen, and an alfresco entertaining area. The separate studio offers additional flexibility for extended family, guests, or tenants. With approved permits already in place for a 5-unit development, investors and developers can take advantage of strong local demand and minimal planning delays start building immediately or hold for future capital growth. Property Highlights: Prime development site with approved permits for 5 dwellings Existing main home + self-contained studio for rental income Multiple living areas, updated kitchen & alfresco entertaining Huge garage and additional carport parking Ideal for developers, investors, or land-bank buyers Close to Cranbourne Park Shopping Centre, schools & public transport This is a turnkey development opportunity in one of Cranbourne's most convenient locations offering excellent access to amenities and a high-growth future.

Features

4 bedrooms
2 bathrooms
6 carspaces
181 m² floor area
986 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Cranbourne over the last 12 months, the estimated median property value of 69 Clarendon Street is $820k.

Median value
$820k
Estimated value range
$616k - $1.43m
Median days on market
28
Estimated value trend
6%
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 69 Clarendon Street

2025
Sold
$980,000
Private Sale/Treaty on 19 Dec 2025 by Leo Bi, of Rabbitree 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 4 bedroom houses in Cranbourne

In the last 12 months, 133 four-bedroom houses similar to 69 Clarendon Street, have been sold.

This represents a 7% increase in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Cranbourne

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent