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RWC  - Glen Waverley

11 Cranbourne Place Cranbourne, VIC 3977

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11 Cranbourne Place,
Cranbourne, VIC 3977

Shops & Retail

Key property information

Land area

Floor area

Parking info

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Map of 11 Cranbourne Place

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The Best of Both: Invest or Occupy

Ray White Commercial is pleased to offer this freehold retail/residence asset in the heart of Cranbourne.

Whether you are a business owner looking for a retail food shop front with the ability to live on-site or an astute investor that identifies the multiple income streams or a combination of both, 11 Cranbourne Place should be seriously considered.

Located off South Gippsland Hwy, this significant strip shop opportunity is on Melbourne's South East fringe, one of Australia's fastest-growing catchments in terms of population growth. The subject property is also located only 400 meters from the Cranbourne Train Station and on the doorstep of a large residential precinct.


Property Features:

· Brick structures, rear access, ample parking on site.

· Nearby Tenants: McDonald's, Tackleworld, and Carpet Court

· Retail Floor Area: 105m2 *

· Cranbourne Activity Centre Zone 1

· 400m * to Cranbourne Train Station

· Land size 223m2 *

· Ample off-street and adjacent customer parking

· Easy access to Monash Freeway and South Gippsland Highway(M420)

· Servicing a large residential and commercial precinct



Residence Features:


· 3-bedroom residential premises

· Kitchen, lounge, and dining areas

· Heating and cooling throughout

· Rear access and secure car parking area

· Residential Floor Area Size: 105m2*

Additional information

Cranbourne, 3977 demographic data

The median household income for Cranbourne is $1,477, 22% lower than Greater Melbourne's household income of $1,901. Cranbourne has a younger age profile compared to the rest of Greater Melbourne (median age 35 vs 37). Property ownership data shows 63% of property owners in Cranbourne have a mortgage.

21,281
Population
$1,477 per week
Median household income
35 years
Median age
Owners
Most residents
Families
Most households

RWC - Glen Waverley

25/40 Montclair Avenue
GLEN WAVERLEY, VIC 3150
RWC  - Glen Waverley
11 Cranbourne Place
Cranbourne, VIC 3977
RWC - Glen Waverley
25/40 Montclair Avenue
GLEN WAVERLEY, VIC 3150

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