40 Collison Road, Cranbourne East, VIC 3977
- 4
- 3
- 2
For Sale
$2,400,000-$2,600,000
Exceptional Opportunity - 7382sqm (Approx.) in Urban Growth Zone with Existing Home
Positioned in a prime location within the Urban Growth Zone (UGZ), 40 Collison Road, Cranbourne East offers a rare and exciting opportunity for developers, investors, and land bankers alike. Set on a substantial 7382 sqm (approx.) of flat land, this property also features a spacious and well-maintained family home - making it an ideal blend of immediate liveability and long-term development potential (STCA).
The existing residence boasts four generously sized bedrooms, three bathrooms, and a double car port, providing comfortable living or rental income potential while future plans are explored.
Key Features:
Expansive 7382sqm (approx.) parcel of land
Zoned Urban Growth Zone (UGZ) - significant development potential (STCA)
Well-maintained home with:
4 bedrooms
3 bathrooms
2-car port
Prime location in a high-growth corridor
Close proximity to schools, shopping centres, transport, and major arterials
Whether you're looking to develop, invest, or landbank, this property offers unlimited potential in one of Melbourne's most sought-after growth areas.
Don't miss this rare opportunity to secure a strategic holding in Cranbourne East's rapidly evolving landscape.
Simmi Bhatt
Sales Consultant
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L35856879
- Property Type:House
- Carports:2
- Land Area:7382 sqm
We Know Your Area
R&H Suburb Profile: Cranbourne East| R&H Suburb Summary | Houses |
|---|---|
| Number of sales | 368 |
| Average Price | $728,810 |
| Median Price | $715,000 |
| Median Rental Price | $580 p.w. |
| Change in Rental Rate (5yr) | 47 % |
| R&H Suburb Summary | Units |
|---|---|
| Number of sales | 22 |
| Average Price | $521,888 |
| Median Price | $510,000 |
| Median Rental Price | $500 p.w. |
| Change in Rental Rate (5yr) | 41 % |
Median Trend - $715,000
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