PLEASE NOTE : - The property is under lease through September 2026. - Images used in this marketing campaign were taken during the property's previous for lease campaign in 2023 and may show different staging or minor cosmetic changes. Buyers are advised to conduct their own inspection to confirm the current condition. Positioned in one of Cranbourne’s most high-exposure and strategic pockets, this massive 1,253m² (approx.) allotment offers a rare "blank canvas" opportunity for astute developers and investors. With a wide frontage to the South Gippsland Highway and a perfectly flat profile, the site is primed for a multi-unit redevelopment that maximizes density and return. The Developer’s Advantage: Substantial Land Holding: A rare 1,253m² block—significantly larger than standard residential lots in the area—providing the scale needed for a high-yield project. Zoning & Growth: Located within the Casey Council's high-demand residential zone with no detected heritage or flood overlays, making the path to council approval (STCA) much clearer. High Yield Potential: The expansive, flat terrain is ideal for demolition of the existing 1960s structure to make way for a modern complex. The site’s dimensions are perfectly suited for a multi-unit project (Subject to Council Approval). High Exposure Location: Highway frontage ensures excellent visibility for future resale or rental, perfect for modern townhouses or executive units. Strategic Location & Amenities: Shopping & Convenience: Just minutes from Thompson Parkway Shopping Centre and the Cranbourne Homemaker Centre. Transport Links: Easy access to the Western Port Highway and Eastlink Freeway, ensuring a smooth commute to the CBD or the Mornington Peninsula. Education: Ideally positioned within the sought-after Rangebank Primary School and Cranbourne Secondary College zones. Recreation: Walking distance to local parks and only a short drive to the Royal Botanic Gardens Cranbourne. Existing Property Features: While the value lies in the land, the current 3-bedroom home offers functional "bones" that could provide a steady rental income of approximately $500 per week while you secure your planning and building permits. Don't miss out on one of Cranbourne’s most significant development opportunities of 2026. Secure over a quarter-acre of prime highway real estate today! Privacy: Your entry to this property provides consent to the collection and use of personal information for security purposes. It may also be used to provide you with further information about the property, other properties and services marketed by Casey Estate Agents. Please advise our consultant if you do not wish to receive further information. Our full privacy statement is available at our office or online at www.caseyestateagents.melbourne. This is an advertising brochure only. Casey Estate Agents has prepared this brochure to the instructions of the vendor in order to advertise the property. We have not verified the accuracy of the information contained within. You should not rely on this brochure as proof of the facts stated. You should independently verify the matters stated in this brochure before making your decision to purchase. Casey Estate Agents accepts no liability or responsibility for claims arising from a reliance of the information herewith.
