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.
