3 Units - One Block - Heart of Cranbourne!

This is a rare and outstanding opportunity to purchase a group of 4 units in a highly sought-after location. All units are separately titled and together they offer an allotment of approximately 1176m2. This is a great addition to your superfund and a rare chance to secure a rewarding long-term investment. Secure a block on your own with lots of potential now and in the future.

This fabulous location is just a stroll to Cranbourne central village and Cranbourne Park shopping centre, and minutes to the train station, cafes and popular restaurants. Walking distance to Cranbourne Primary School. Easy access to South Gippsland Highway and Berwick-Cranbourne Rd so you can be on your way in next to no time!

Unit 1 - This street frontage single-level unit boasts a spacious lounge room upon entry. The kitchen features ample cupboard and bench space, an upright cooktop and oven with meals area. 2 large bedrooms with built-in robes are serviced by a central bathroom with a shower, bath, single vanity and separate laundry facilities and toilet. The L-shaped backyard offers plenty of space for kids and pets.

Unit 2 - formal entry hall opens to a spacious living room which opens into a spacious kitchen with an upright stove. 2 large bedrooms with built-in robes are serviced by a central bathroom with a shower and bath, single vanity, and separate laundry facilities. There is a separate toilet and linen cupboards for extra storage. Easy access to the rear open backyard with external access to the single garage.

Unit 3 - This villa unit is positioned towards the rear of the block and offers a large living space, central kitchen with an upright stove, and central family bathroom with a bath and shower, single vanity, toilet, and separate laundry facilities. 2 large bedrooms with built-in robes and backyard with external access to the large double garage.

Unit 4 - Offering privacy at the rear of the block, this 2 bedroom villa unit features entry into a large living zone with direct access to the kitchen/meals area. Both bedrooms have built-in robes and there is a central bathroom with a shower and bath, single vanity, and separate laundry facilities. The separate toilet and easy access to the large L-shaped backyard with external garage access.

This property is estimated to generate a rental income of $70,000 pa approx. Fabulous return on investment! With such a popular, central location, the units as a whole enjoy low vacancies. It's the perfect addition to your superfund portfolio where your money works hard so you don't have to!

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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School catchments

Cranbourne Primary School Primary Prep-6 Government 0.13km
Casey Grammar School Combined Prep-12 Independent 0.43km
Cranbourne Secondary College Secondary 7-12 Government 0.61km
St Agatha's School Primary Prep-6 Catholic 0.91km
Casey Fields Primary School Primary Prep-6 Government 1.2km
Cranbourne Park Primary School Primary Prep-6 Government 1.4km
Cranbourne East Primary School Primary Prep-6 Government 1.6km
Cranbourne East Secondary College Secondary 7-12 Government 1.7km
Cranbourne West Primary School Primary Prep-6 Government 2.1km
St Thomas the Apostle Catholic Primary School Primary Prep-6 Catholic 2.4km
St Peter's College - Clyde North Campus Secondary Catholic 2.7km
Wilandra Rise Primary School Primary Prep-6 Government 2.8km
Cranbourne Carlisle Primary School Primary Prep-6 Government 2.9km
St Peter's College Secondary 7-12 Catholic 2.9km
Rangebank Primary School Primary Prep-6 Government 3.1km
Lighthouse Christian College Cranbourne Combined Prep-12 Independent 3.4km
Courtenay Gardens Primary School Primary Prep-6 Government 3.6km
Cranbourne West Secondary College Secondary 7-11 Government 3.6km
Clyde Creek Primary School Primary Prep-6 Government 3.9km
Clyde Primary School Primary Prep-6 Government 3.9km
Lyndhurst Secondary College Secondary 7-12 Government 4.5km
Clyde Secondary College Secondary 7-10 Government 4.7km
Alkira Secondary College Secondary 7-12 Government 4.8km
St Francis Xavier College - Berwick Campus Secondary Catholic 6.4km
Narre Warren South P-12 College Combined Prep-12 Government 7.0km
Waverley Christian College - Narre Warren South Campus Combined Independent 7.1km
Hillcrest Christian College Combined Prep-12 Independent 7.2km
Wulerrp Secondary College Secondary 7 Government 7.3km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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