Land Area: 12.3 acres approx
Zoning: Green Wedge Zone .
Improvements: Two existing dwellings in need of renovation, with ancillary sheds/outbuildings (STCA).
Existing Use: Currently a lifestyle acreage with rural residential use - suitable for hobby farming, equestrian use, or leasing while land banking.
This rare offering presents the chance to secure a large, well-positioned land parcel on Melbourne's expanding urban fringe. With main-road frontage and proximity to booming residential estates, this property is primed for future uplift. Held by the same family for over 50 years, it's a blue-chip land banking opportunity for developers and long-term investors alike.
Location & Surroundings :
760 Cranbourne-Frankston Rd is strategically located in Cranbourne South (City of Casey), with direct frontage to a key arterial.
Key highlights:
Opposite Brompton Lodge Estate - a 107ha masterplanned estate with ~1,484 homes and a future town centre.
Between Growth Hubs - Sits between Botanic Ridge and the emerging Brompton community, both highly active development zones.
Proximity to Infrastructure: 10 min to Cranbourne CBD, 15 min to Frankston, ~35 min to Melbourne CBD.
Nearby Developments: Includes Clyde, Cranbourne West, Casey Fields, and Devon Meadows PSP areas - part of Victoria's greenfield housing push.
Local Amenities: Schools, shops, parklands and Botanic Gardens all within short reach.
This corridor is rapidly urbanizing - the subject site lies in the path of progress (STCA )
Zoning & Planning Context :
Zoned Green Wedge (GWZ) under the Casey Planning Scheme.
Lies just outside the Urban Growth Boundary (UGB) - adjacent to fully urban-zoned land.
Any intensive development would require future rezoning - a long-term prospect.
City of Casey's Western Port Green Wedge Plan (2019) aims to preserve rural character short-term.
Property Features & Interim Use Potential :
Two existing homes (7BR/3BA total) - rental income potential
Quality arable land - ideal for agistment, hobby farming, nursery use or leasing.
Basic infrastructure - power, NBN (FTTP), septic, and potential for future utility upgrades from nearby estates.
Investors can generate interim returns or lifestyle value while holding.
End-Use Possibilities (STCA & Future Rezoning)
Lifestyle estate - Private compound, large-lot subdivision, or premium homestead.
Prime main-road location on Melbourne's fringe - high visibility, excellent access.
Next in line: Directly abutting active urban growth (Brompton Estate).
Large land parcel with income-generating dwellings - scarce in proximity to metro Melbourne.
Strong regional growth - City of Casey to grow from 429k to 614k by 2046.
Favorable settlement terms - 12-24 months
Call us for further discussions .....
Disclaimer: All information has been compiled from sources deemed reliable and is provided in good faith. Buyers must conduct their own due diligence and seek independent legal, financial, and planning advice. All development or rezoning is subject to council and government approvals. No representation or warranty is given as to the accuracy or future potential of any planning changes mentioned herein.
