Develop, invest, or simply hold with confidence - this prime 617 sqm (approx.) property offers endless potential in one of Cranbourne's most central pockets. Positioned in an activity zone just two doors down from a multiple-townhouse build, the site presents an outstanding opportunity for future subdivision or redevelopment (STCA), all while generating immediate rental income.
Currently tenanted at $2,086 per month, the home delivers a reliable return for investors while planning future possibilities.
Highlights include:
- Three bedrooms, one bathroom and an open-plan living zone
- Neat, light-filled kitchen with ample storage and bench space
- Expansive 617 sqm (approx.) allotment offering superb development scope (STCA)
- Currently leased to quality tenants providing steady income
- Minutes from Cranbourne Park Shopping Centre, train station and local schools
- Two doors from an active multi-unit project - a proven site for development confidence
The Location:
Ideally positioned within walking distance to schools, public transport and parklands, 66 Clarendon Street sits at the heart of Cranbourne's fast-growing community. Major shopping, dining and transport options are moments away, with easy access to South Gippsland Highway and Cranbourne Home Maker Centre.
The Close:
Whether you're looking to secure a high-performing investment, explore development potential, or landbank for the future, this address ticks every box. Opportunities like this are rare - act quickly to capitalise on Cranbourne's next wave of growth.
Contact us today to arrange your inspection!
