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    • About this property
    • Explore Cranbourne
    • Affordable Multipurpose Living in the Heart of Town - Well over a 5.5% Return!

      Property ID 1574042
      CRANBOURNE CENTRAL (124208442): If a handy location is at the top of your list for your next home or investment, then this unit has one that cannot be denied ... Cranbourne Secondary College is directly across the road and the High Street shopping precinct is literally at the end of the street!

      Representing outstanding value for money 3/16 Stawell Street is ideal for those starting out, those winding down and for investors looking for a tidy home in a position where tenants won't need to drive.

      The unit itself is largely original, but in very good condition, and allows the opportunity for the lucky new purchaser to update, renovate and add significant value for future re-sale. It features a generous lounge room with a gas heater and feature bay window upon entry, whilst the separate kitchen with an upright electric oven/stove provides space for a small meals table.

      There are 2 bedrooms, both with built in wardrobes, as well as a neat family bathroom, separate toilet and a full laundry.

      Outside you will be greeted by a single carport and a garden shed in the private, secure courtyard which offers huge potential for green thumbs to put their own personal spin on things.

      Currently rented to great tenants paying $295 per week (app. $1,278 per calendar month) easily allowing for a return will above 5.5%!

      If you believe in the age old theory that good real estate revolves around a central location in a fast growing community then you won't be disappointed! Within moments to Narre Warren - Cranbourne Road, providing direct access to the shopping facilities situated at Thompsons Parkway/Casey Central.

      The recently revamped Cranbourne Park Shopping Centre is only a brisk walk away and offers the best of the best when it comes to local eating spots. On top of this there is a plethora of public/private schooling and tafe options to select from, easy access to South Gippsland/Westernport Highways and local bus stops enroute to the Cranbourne train station. Don't forget the child care centres and medical facilities that are all close by!

      BOOK AN INSPECTION TODAY, IT MAY BE GONE TOMORROW! - *PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS*

      At Ray White Cranbourne our price indications are based upon probable market value, the likely selling price and the vendor's expectations. You can view with confidence that the vendors will sell within the range with favourable conditions.

      Our floor plans are for representational purposes only and should be used as such. We accept no liability for the accuracy or details contained in our floor plans.
    Due diligence checklist - for home and residential property buyers