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38 Averne Street, Cranbourne, Vic 3977 For Sale
38 Averne Street, Cranbourne, Vic 3977 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Image 38 Averne Street, Cranbourne, Vic 3977-Floorplan

38 Averne Street, Cranbourne, Vic 3977

$1,000,000 to $1,100,000

House
Type
4
Bedrooms
4
Bathrooms
2
Parkings
1,000 m²
Area

Published on Monday, August 24, 2026 ( See property details for 38 Averne Street, Cranbourne, Vic 3977)

$1,000,000 to $1,100,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile dual-residence property on a large 1,000m² block in Cranbourne, offering income potential, future subdivision prospects, and flexible living options.

🏡 Property Highlights

  • Dual self-contained residences offering flexible living and income potential
  • Generous 1,000m² allotment with future subdivision (STCA) prospects
  • Impressive investment opportunity for developers and multi-generational families
  • Spacious, light-filled living areas with functional kitchens
  • Prime Cranbourne location close to shopping, transport, and amenities
  • Potential for long-term growth and development

✨ Key Features

  • Built-in Robes
  • Garage
  • Outdoor Area
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Internal Laundry
  • Pet-Friendly
  • Balcony
  • Ensuite
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38 Averne Street
Cranbourne, VIC 3977
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Vertical aerial view — 38 Averne Street
38 Averne Street — Vertical Aerial  •  Cranbourne, VIC 3977  •  Nearmap © 2026

Cranbourne is a vibrant suburb offering excellent amenities, including shopping centres, schools, parks, and public transport options. Its strategic location provides easy access to Melbourne CBD and surrounding regions. The area boasts a strong community feel, with diverse housing options and ongoing development. Residents enjoy a balanced lifestyle with convenient access to recreational facilities and local services. Cranbourne continues to grow as a desirable destination for families and investors alike.

What are the current zoning regulations and potential for future subdivision (STCA)?
The property is currently held under one title with potential for future subdivision subject to council approval (STCA). Buyers should verify zoning regulations and subdivision requirements with local authorities.
Are there any restrictions or covenants affecting the property?
Potential restrictions or covenants should be confirmed with the local council or a legal advisor to ensure compliance with all planning and development guidelines.
What is the condition of the existing residences and any potential repairs needed?
The residences are well-maintained, but prospective buyers are advised to conduct a thorough inspection to assess the condition and identify any repairs or upgrades required.
Are there any upcoming developments or planning activities in the area?
Potential buyers should consult local council planning departments for information on upcoming developments or zoning changes that may impact the property.
What are the ongoing costs associated with the property, including council rates and maintenance?
Ongoing costs include council rates, water charges, and maintenance. Exact figures can be obtained from the local council or property management.
Are there any hidden costs or fees associated with the potential subdivision or development of the property? Has the property been affected by any flooding, bushfire risks, or environmental hazards? Are there any easements, covenants, or restrictions on the property that could impact future plans? What are the current zoning laws and are there any planned changes that could affect the property's value? Is there any ongoing or planned construction nearby that could impact privacy or noise levels? Are there any strata or body corporate arrangements applicable to this property? What are the specific council requirements and approvals needed for subdivision or development? Are there any known defects or issues with the existing residences that need addressing? What are the long-term growth prospects and infrastructure developments in the area? Are there any restrictions on renting out the residences or other usage limitations?

38 Averne Street, Cranbourne, Vic 3977 - More Details

$1,000,000 to $1,100,000

Positioned on an impressive 1,000m² (approx.) allotment under one title, 38 Averne Street, Cranbourne presents an outstanding opportunity for investors, developers, multi-generational families or buyers seeking flexibility, income potential and exciting future possibilities.

The property currently comprises two fully self-contained, mirror-image residences, offering the versatility of dual living or two potential income streams while remaining together on a single title. Adding further appeal is the potential for future subdivision (STCA), creating an exciting opportunity for buyers looking to maximise the property's long-term potential.

Key Features:
-Future Subdivision Potential: Generous 1,000m² (approx.) allotment currently held under one title, offering potential for future subdivision (STCA)
-Two Self-Contained Residences: Two separate, mirror-image homes providing excellent flexibility for investment, extended family living or multiple generations
-Income Potential: An attractive opportunity to generate income from two separate residences within the one property
-Spacious Living: Each residence features a generous, light-filled living area flowing into a dedicated dining space
-Functional Kitchens: Well-designed kitchens with built-in pantry storage, generous cabinetry and full-size fridge space
-Bedrooms & Amenities: Each residence offers two generous bedrooms with built-in robes, serviced by a central bathroom with bathtub and separate WC
-Laundry & Storage: Dedicated internal laundry with convenient access to the rear yard
-Garaging & Parking: A secure single garage for each residence, complemented by generous driveway and off-street parking
-Outdoor Space: Private lawn areas and covered front verandahs provide additional space to relax and enjoy

Ideally positioned in a convenient Cranbourne location, the property is within easy reach of Cranbourne Park Shopping Centre, Cranbourne Train Station, local schools, public transport, cafés and surrounding parklands, placing everyday essentials and lifestyle amenities close at hand.

Offering two residences, one substantial allotment and exciting future subdivision potential (STCA), this is a rare opportunity with outstanding flexibility for today and possibilities for tomorrow.


DISCLAIMERS:
Every reasonable effort has been made to ensure the accuracy of the information provided; however, neither the vendor, agent, nor agency makes any representation or warranty as to its completeness or correctness.
The floor plans provided are for illustrative purposes only and should be treated as such. No liability is accepted for any inaccuracies or omissions in the details or dimensions represented.
As the property may be subject to private inspections, the sale status could change prior to scheduled Open Homes. Prospective buyers are advised to verify the current availability of the property before attending any inspection.
Type
House
Bedrooms
4
Bathrooms
4
Parkings
2
Area
1,000 m²

Price guide

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