Stonebridge Property Group & LAWD are pleased to present for sale Cranbourne Gardens – 860 Ballarto Road, Botanic Ridge.

The property is an expansive 20.89 ha* development site, representing one of the last undeveloped parcels within the entire Cranbourne precinct. With a total frontage of 765 m* onto Ballarto Road coupled with immediate access to a wide range of retail and education amenity, this is a development opportunity not to be missed.

The key highlights of the opportunity include:

– Expansive 20.89 ha* landholding with strong potential for future residential or retirement village uses (STPA)

– Relatively flat landholding with a 765 m* frontage to Ballarto Road which is conveniently accessed via Cranbourne- Frankston Road, the major arterial road for the precinct

– Directly benefiting from established amenity including Cranbourne Park Shopping Centre (2.5 km*), Woolworths (1.75 km*), Cranbourne West Secondary College (2 km*) and St Peter’s College (1.75 km*), making it a highly appealing area for continued development

– The advanced nature of many surrounding projects underwrites the success of the immediate surrounds, with Melbourne’s largest developers including Brown Property Group, Peet, Wolfdene and Frasers all active within 1 km*

– Nestled between the world class Ranfurlie and Settlers Run Golf Club’s, and 500 m* to the Royal Botanic Gardens in Cranbourne which boasts over 10 km* of walking tracks/trials, 6 km* of cycling tracks and is a true local infrastructure diamond a future development can leverage from

– Boasting convenient access to the Western Port Highway arterial with the site offering a commutable 40-minute drive* to the Melbourne CBD

– Within the Casey Growth Area which has one of the fastest growing populations in Australia, and is expected to grow by 132%* between 2022 and 2041 which reflects an annual population growth rate of 7%

– At the junction of 3 of the South East’s strongest performing 12 month annual house price growth suburbs of Cranbourne (15% increase^^) Cranbourne South (13.4% increase^^) and Cranbourne West (19.8% increase^^^)

– Positioning within the Urban Growth Boundary and the properties strong rezoning potential will promote the possibility of a significant future planning uplift

*Approximate
^ Source: Forecast ID
^^ Source: REIV
^^^ Source: Realestate.com.au

860 Ballarto Road, Botanic Ridge is offered for sale via Expressions of Interest closing Friday 25th November 2022 at 2pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Stonebridge Property Group:

Julian White
0422 764 1…

Dylan Kilner
0459 396 3…

Chao Zhang
0411 625 068

LAWD:

Darcy Tobin
0433 644 1…

Paul Callanan
0478 652 4…

Peter Sagar
0414 843 854