5 William Street, Cranbourne, Vic 3977

Opportunities like this are rare and highly sought after! Whether you're an astute investor, a seasoned developer, or a renovator looking for your next project, this expansive 858sqm (approx.) block in the heart of Cranbourne presents an exceptional opportunity with limitless potential.

Situated in an unbeatable location, this property is within easy walking distance to key amenities, including Cranbourne Train Station, Cranbourne Park Shopping Centre, reputable schools, medical centres, and a range of other essential services. Convenience and accessibility are at your doorstep, making this a prime investment for future growth and development.

The existing residence is a character-filled 4-bedroom, 2-bathroom home that, while full of charm, is in need of some refurbishment to restore it to its former glory. Whether you choose to renovate and modernize the existing home, lease it out for immediate rental income, or completely redevelop the site (STCA), the options are vast and lucrative.

With a perfectly shaped, flat block, this site offers an incredible development opportunity, with potential to accommodate up to four townhouses (STCA). Whether you’re looking to build and sell, create a multi-unit investment, or design your dream project, this is a chance you won’t want to miss!