25-29 Thompsons Road Cranbourne North VIC 3977
For Sale: $2,000,000-$2,200,000

DESCRIPTION

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