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8 - 10 Mundaring Drive
Cranbourne, VIC 3977

$1,600,000 - $1,760,000

Land 1186 m²
Listed Date: 23rd Mar 2026
Last Updated: 15th May 2026
Overview

8 - 10 Mundaring Drive

This rare opportunity presents a vacant land parcel with approved plans and permits, ready for immediate development. The demolition work has been completed, allowing you to engage a builder and commence construction without delay. This is an excellent prospect for developers seeking to save time and money, as all preliminary approvals are in place.

The property comprises approximately 1186 square meters of vacant land, ideally suited for an astute investor looking for a promising venture with strong growth potential in a highly sought-after location. The site boasts approved plans and permits for a multi-development project, facilitating a quick and hassle-free purchase, perfectly prepared for the next stage of development.

Situated in Melbourne's outer South East, this property offers convenience, community, and lifestyle benefits. It is located adjacent to Cranbourne Shopping Centre and is close to various recreational and sporting facilities. Public transport options and schools are easily accessible, and there are numerous cafes and restaurants within walking distance, enhancing the appeal of the location.

The area is experiencing multiple developments, including projects next door, making this an exceptional opportunity to become part of an established and growing neighbourhood. The property features approved plans and permits for eight townhouses, located on a private and peaceful street. It is conveniently close to the town centre, Cranbourne Central Shopping Centre, Monash Health, the train station, shops, restaurants, schools, and public transport.

This highly sought-after Cranbourne Central area is zoned as an Activity Centre Zone, offering significant potential for development. Whether you choose to follow the proposed plans or have an alternative vision, this property provides enormous potential for a rewarding investment or development project.

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.

Location
8 - 10 Mundaring Drive
Cranbourne VIC 3977
Market Insights for Cranbourne VIC 3977
New Listings (last 30 days)
8
Average price
$936,676
Lowest price
$790,000
Highest price
$1,169,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.