A Rare 593sqm Opportunity in Cranbourne North

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12 Arnott Street, Cranbourne North VIC 3977

Offers Closing 12th Oct! $585k - $640k

Search Band Search Visibility Band

$550k - $600k High Confidence Calculated based on strong search observations.

Land 593 m²

Listed: 37 days ago

Updated: 12 days ago

Overview

This substantial 593sqm parcel of land at 12 Arnott Street presents a prime opportunity to establish a personalized family home or a solid investment in the well-connected Cranbourne North area.

Positioned within easy reach of quality educational institutions like Courtenay Gardens and St Therese's Primary Schools, the site caters well to families seeking convenient access to reputable learning options. Proximity to Thompsons Parkway Shopping Centre ensures daily shopping needs and retail essentials are readily accessible, supporting a comfortable and practical lifestyle.

Transport connectivity is a notable feature, with Merinda Park Railway Station and local bus routes nearby, complemented by major road links that facilitate easy travel throughout Melbourne's southeastern suburbs, ideal for professionals and commuters alike.

The surrounding environment offers ample recreational opportunities, including parks, walking tracks, and sporting facilities, fostering an active, community-oriented lifestyle and enhancing the location's appeal to a diverse range of buyers such as builders, investors, and owner-occupiers.

Generous land size providing flexibility for bespoke home designs
Convenient access to schools and retail hubs enhances everyday living
Strong transport links encourage connectivity to broader Melbourne
Neighbourhood characteristics promote a family-friendly, active lifestyle

Potential buyers are encouraged to submit their best offers by the closing date, with all development subject to statutory planning approvals, making this a rare chance to secure a spacious, strategically located land parcel in Cranbourne North.

Local Market Insights

In Cranbourne North, Quiet Listings observed 6 new parcels of land entering the market over the last 30 days, down from 10 during the previous 30-day period, with an average advertised asking price of $1,830,667. The property type mix of listed properties is predominantly Houses at 83%, followed by townhouses (6%), and units (5%). The most active agency for land in the Cranbourne North area is currently Jacobs and Lowe Real Estate, representing 17% of new listings, followed by Your Property Agent with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.