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Executive Summary

Positioned within Cranbourne’s Activity Centre Zone, 24 Codrington Street presents a rare infill opportunity at the heart of a rapidly evolving growth corridor. Spanning approximately 737 m², the property offers significant development flexibility, enabling a wide range of residential and mixed-use outcomes, subject to council approval. Potential configurations include multi-townhouse projects or boutique commercial concepts, supported by strong planning overlays that encourage higher-density living and integrated land use.
The site is located mere steps from the bustling High Street retail strip, major supermarkets, and essential services, creating a highly walkable environment for future occupants. The surrounding area hosts a diverse mix of retail, medical practices, education facilities, and public amenities, further reinforcing long-term demand. Proximity to Cranbourne Station, South Gippsland Highway, and key arterials ensures seamless connectivity throughout Melbourne’s southeast.
With limited availability of strategic lots in this tightly held precinct, this property represents an outstanding proposition for developers, investors, or owner-occupiers seeking secure positioning in one of Victoria’s fastest-growing urban hubs.

Property Facts

Price $566,776
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Planned Unit Development
Total Lot Size 0.18 AC

1 Lot Available

Lot 2

Price $566,776
Price Per AC $3,120,634.55
Lot Size 0.18 AC

24 Codrington Street comprises a residential lot situated in Cranbourne. It contains an existing single-storey dwelling constructed circa 1950 with three bedrooms, one bathroom, and one car space.

Description

24 Codrington Street, Cranbourne VIC 3977 comprises an approximately 737 m² residential lot situated in the City of Casey local government area. The location is approximately 350 meters from Cranbourne Primary School and within 1 km of Cranbourne Secondary College. Key access routes include South Gippsland Highway to the east and Sladen Street to the north.

  • Listing ID: 40486625

  • Date on Market: 5/12/2026

  • Last Updated:

  • Address: 24 Codrington Street, Cranbourne, VIC 3977

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