15 Fairbairn Road, Cranbourne
$675,000 - $695,000
Nest or Invest: 660sqm block with Approved Plans & Permit For Rear Townhouse!!

Well established on a large block, this solid 3 bedroom home will provide a great return to an investor. Currently tenanted, this property also comes with approved plans and permit to build a townhouse at the rear whilst keeping the existing front dwelling. This property will also suit a first home buyer or potential downsizers.

Existing house features:
* 3 great sized bedrooms with built-in-robes.
* Separate spacious formal lounge with timber floors
* Near new wall heater and roller blinds
* Kitchen with gas cooking and plenty of cupboard space
* Central bathroom with bathtub and separate toilet
* Double carport leading to secure rear yard and pergola.

The property is currently tenanted at $1477 per calendar month with good tenants who are willing to stay on.

With the approved plans and permit, the new owners could potentially own two properties:

Property 1 (New Townhouse to be built at the rear):
* 3 bedrooms
* 2.5 bath
* 1 carport
* 1 car space
* Approx. land size: 300sqm
* Approx. house size: 18.8sq
* Potential Rental $1607.74 monthly.

Property 2 (Keeping Existing Front Dwelling):
* 3 bedrooms
* 1 bath
* 1 carport
* 1 car space
* Approx. land size: 350sqm
* Approx. house size: 13.8sq

Perfectly positioned and within close reach to all facilities:
Shopping Centre: Cranbourne Park Shopping Centre – Approx. 1.8km
Train Station: Cranbourne Station – Approx. 2km
Bus Stops: 760, 791, 982 – Approx. 600m
Primary School: St Agatha’s Primary School - Approx. 692m
Secondary School: St Peters College - Approx. 1.2km
Parks: Cranbourne Lions Park – Approx. 280m
Playground: Valepark Cres Playground – Approx. 260m
Hospital: Monash Health Cranbourne – Approx. 1.5km
Freeway: South Gippsland – Approx. 3.1km

*PHOTO ID REQUIRED AT ALL INSPECTIONS* DISCLAIMERS: Every precaution has been taken to establish the accuracy of the above information, however, it does not constitute any representation by the vendor, agent or agency.

Key Details
Property TypeHouse
Land660 sqm
Upcoming Inspection Dates
Sat, 2nd Jul 2022
12:30am - 1:00am
Listing Agent
Kashmira Prasad
Licensed Estate Agent
0405 364 434

We have obtained all the information in this document from sources we believe to be reliable; however we cannot guarantee its accuracy.
Prospective purchasers are advised to carry out their own investigations.

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