8 & 10 Fairfield Street
Cranbourne, VIC 3977

Overview

Significant Land holding in Activity Zone

Located in the central area of Cranbourne, this property offers a substantial combined landholding of approximately 2,024 square meters within the specifically zoned Activity Centre Zone 1. This zoning classification provides exceptional flexibility, allowing for multi-level residential, medical, or mixed-use developments subject to council approval. The zoning permits building heights of up to 14 meters and supports increased density, making it an attractive opportunity for developers and investors.

The properties can be purchased together as a consolidated super site or separately, offering options for both entry-level buyers and those seeking larger scale investments. The site is strategically positioned just 350 meters from Cranbourne Park Shopping Centre and within a 300-meter walking distance to the train station, aligning perfectly with the state's '20-minute neighborhood' initiative. Additionally, the location offers convenient access with only a 50-minute drive to the Melbourne CBD and a 26-minute drive to Frankston beach.

The two landholdings included in this offering are:

8 Fairfield Street - 1,009 square meters
10 Fairfield Street - 1,010 square meters

Key highlights of this landholding opportunity include:

• Total site area of approximately 2,024 square meters.
• Zoning advantage under ACZ1 - Schedule 1, providing development flexibility.
• Purchase flexibility with options to acquire as a combined site or individual blocks.
• Excellent connectivity, being only 350 meters from major retail outlets and within walking distance to Cranbourne Train Station.
• Strong growth indicators, with a vacancy rate below 1.5% and located in one of Australia's fastest-growing municipalities.
• Proximity to significant infrastructure upgrades, including the Monash Health expansion and South Gippsland Highway.

This property presents a wide range of development and investment opportunities within a thriving and well-connected community. It is an ideal prospect for those looking to capitalize on the growth and development potential in Cranbourne. Interested parties are encouraged to make inquiries to explore the possibilities this site offers.

Location