Cranbourne

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A mortgagee house in Cranbourne has come onto the market with $315,000 hopes.
Located at 1/17 Fairfield Street, the home features three bedrooms, one bathroom, a lock up garage, and a lawn.
It comprises a 204 square metre block, and the house has 102 square metres of internal floorspace.
The property, which was built in 1975, last traded in 2010 when it sold for $255,000.
Darren Saxon, from LJ Hooker Cranbourne, has the listing.
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Mortgagee home in Cranbourne, Victoria listed for sale

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A Cranbourne, Victoria mortgagee unit has been sold for $321,000.
Darren Saxon of LJ Hooker Cranbourne marketed the property.
Situated at <a href="https://www.realestate.com.au/sold/property-unit-vic-cranbourne-133374110" target="_blank">1/17 Fairfield Street</a>, the home comprises three bedrooms, one bathroom, and single lock up garage plus additional two parking spots. 
It features spacious lounge room, kitchen with new gas stove, and good size yard area.
The home is located close to public transport, schools, and shopping centre. 
The property last sold in 2010 for $255,000.
The median unit price in Cranbourne sits at<a href="https://www.urban.com.au/property-observer" target="_blank"> $365,000</a>, according to CoreLogic. 
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Cranbourne, Victoria mortgagee unit sold for $321,000

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A fish and chip shop in Melbourne's Cranbourne has been sold at auction for $660,000 for a yield of 5.2 percent.
The 112 sqm building, <a href="https://www.realcommercial.com.au/property-retail-vic-cranbourne-502136454" target="_blank">19 Hotham Street</a>, Cranbourne, was sold for $60,000 above reserve.
Ryan Amler of Ray White Commercial Oakleigh said there were more than 40 enquiries during the marketing campaign and five bidders at the on-site auction.
“The tenant of the standalone single level building recently signed a new 10-year lease and the property is returning gross rent of $34,548 per annum," he said.
“There is future value-add/development potential subject to council approval.”
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Cranbourne fish and chip shop sold for $660,000

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A 12 hectare Cranbourne development site has sold for $8.88 million.
Located at <a href="https://www.realcommercial.com.au/property-land+development-vic-cranbourne-501556367" target="_blank">1345 Ballarto Road</a>, 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 &amp; 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 &amp; Scott agents Frank Nagle and Andrew Egan.
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