
11 Cranbourne Place,
Cranbourne, VIC 3977
Shops & Retail
Key property information
Land area
Floor area
Parking info
Tenure type
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Map of 11 Cranbourne Place
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*
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
External websites
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 AvenueGLEN WAVERLEY, VIC 3150

11 Cranbourne Place
Cranbourne, VIC 3977
RWC - Glen Waverley25/40 Montclair Avenue
GLEN WAVERLEY, VIC 3150
GLEN WAVERLEY, VIC 3150
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