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Retail

11 Cranbourne Place Cranbourne, VIC 3977

Sold for $819,000 on 4 Aug 2022
  • Building: 210m²
  • Land: 223m²
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Retail in Cranbourne

The Best of Both: Invest or Occupy

  • Building: 210m²
  • Land: 223m²

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*

Building:

210m²

Land:

223m² / 0.06 acres

Tenancy:

Vacant

11 Cranbourne Place, Cranbourne, VIC 3977