12 hectare Cranbourne site sold for $8.88 million

12 hectare Cranbourne site sold for $8.88 million
Staff reporterDecember 7, 2020

A 12 hectare Cranbourne development site has sold for $8.88 million.

Located at 1345 Ballarto Road, the property is PSP approved and suitable for 120 lots.

It is directly adjoining the multi-sporting complex Casey Fields and is also close to Abuts Parks Edge Estate.

Lend Lease, Peet & Devine Estates are also in close proximity of the property.

It is 2.5 kilometres to Cranbourne Shopping Centre and public transport is available.

An extended settlement term is available.

The property was offered through Biggin & Scott agents Frank Nagle and Andrew Egan.

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