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25-29 Thompsons Road, Cranbourne North VIC 3977

946

2,109m2 Landbanking Opportunity in strong growth area

Unlock the potential of this extraordinary property-an expansive 2,109m² parcel boasting three separate titles, each adorned with dwellings and commanding prime main road exposure in a burgeoning growth hub! Nestled along a service road, developers will benefit from optimal exposure without the hassles and permits associated with major roadworks. This expansive lot presents limitless opportunities, from crafting a retirement haven to erecting serviced apartments, aged care facilities, childcare centers, medical complexes, car wash business or even boutique hotels and townhouses. The sky's the limit with this high-density zoning (STCA).

Only one neighbor graces the entire 2,109 sqm block, ensuring ample privacy and exclusivity. Convenience reigns supreme as this gem is just a leisurely stroll from Lyndhurst Secondary College and a stone's throw from the retail havens of Thompson Parkway, Springhill, and Casey Central Shopping Centres. Nearby, the bustling Home Maker Centre lines South Gippsland Highway, offering a diverse array of outlets. For commuters, the Merinda Park train station beckons, promising swift connections to the broader region. Seize this rare opportunity before it slips away!

Features:

*Land Size: Approximately 2,109m²
*Three Separate Titles with Dwellings
*High-Density Site – Subject to Council Approval
*Thriving Growth Area
*Perfect for Developers, Investors, Practitioners, Childcare Ventures, etc. – Subject to Council Approval
*Median House Price: $710,000 (Based on 273 Sales Ending March 2024)
*Prime Main Road Exposure! But positioned on a Service Road, Offering Optimal Exposure (30,000 to 40,000 Vehicles Daily) Minus the Hassles of Major Roadworks
*Secured Leases:
25 Thompson Road: 12-Month Lease Ending on 18/02/2025, Renting at $2,042.00 per Calendar Month
27 Thompson Road: 12-Month Lease Ending on 31/01/2025, Renting at $2,042.00 per Calendar Month
29 Thompson Road: 12-Month Lease Ending on 18/01/2025, Renting at $1,999.00 per Calendar Month


Property Features
  • House
  • 9 bed
  • 4 bath
  • 6 Parking Spaces
  • Land is 2,109 m²
  • House House Category

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