Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
15 Bakewell Street
Cranbourne, VIC 3977
$1,000,000 - $1,100,000
Overview
Development Opportunity or Enjoy a Superb Home
15 Bakewell Street in Cranbourne offers a unique chance to acquire a development-ready site with permit approval, located within the highly desirable Activity Centre Zone. This property is set on an approximate 947 square meter allotment and includes endorsed plans and permits for the construction of five townhouses. This allows prospective buyers to proceed with development immediately, providing confidence and minimizing holding risks.
This opportunity is particularly suited for builders and developers seeking a straightforward and efficient project in a well-established, central location. The site features a wide frontage and a functional layout, enhancing its development potential. Additionally, the existing dwelling on the property offers flexibility for holding if required.
Key features of the property include:
- Endorsed plans and permit for five townhouses
- Approximately 947 square meters of land
- Located within the Activity Centre Zoning (ACZ)
- Existing dwelling providing holding flexibility
- Wide frontage and functional site layout
- Potential to explore alternative development outcomes subject to council approval (STCA)
The location is a significant advantage, positioned in the heart of Cranbourne and within walking distance to key amenities such as Cranbourne Park Shopping Centre, High Street retail precinct, Aldi, schools, medical facilities, and public transport options.
Opportunities combining approved plans, strong zoning, and a central location like this are rare. Whether you intend to commence construction immediately or secure a strategic site with future upside, 15 Bakewell Street represents a compelling and low-risk development prospect.
Disclaimer: The information provided is for general guidance only and does not constitute any representation by the vendor or agent. While efforts have been made to ensure accuracy, no warranty is given, and interested parties should rely on their own enquiries. All measurements, descriptions, photos, floor plans, and site plans are approximate and for representational purposes only. The property may be withdrawn or details changed without notice. Prospective purchasers are advised to conduct their own due diligence and refer to the Consumer Affairs Victoria Due Diligence Checklist before making any purchase decision.
https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence
Location
Cranbourne VIC 3977
Market Insights for Cranbourne VIC 3977
* 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.