Express of interest
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25-29 Thompsons Road, Cranbourne North VIC 3977

House
946
Block size: 2109 m² approx.

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

Inspections

No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.

Send an enquiry

Contact Tom Tang to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
9
Bathrooms:
4
Garage Spaces:
6
Property type:
House
Block Size:
2109 *

Other Details

Lot:
156
Plan:
LP130555
Legal description:
156\LP130555
Haim Real Estate

Maps and area information

Block information
Block size: 2109 (approx)
Legal description: 156\LP130555
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history

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See Cranbourne North's suburb profile

Statement of information

Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.

Cranbourne North suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
34 years
Population
24,683
Listing ID: 182573810. This listing has been viewed 1 time. It was first displayed on 04/06/2024 and last updated on 06/06/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.