40 Russell Street, Cranbourne, Vic 3977

$770,000 - $820,000

House
Type
4
Bedrooms
2
Bathrooms
3
Parkings
674 m²
Area

Published on Monday, July 20, 2026 ( See property details for 40 Russell Street, Cranbourne, Vic 3977)

$770,000 - $820,000

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

A versatile family home with excellent development potential, spacious living, and prime location in Cranbourne’s Activity Centre Zone.

🏡 Property Highlights

  • Outstanding potential for high-density development (STCA) within Activity Centre Zone
  • Immaculately maintained craftsman-built home in excellent condition
  • Generous 674m² allotment with established gardens and irrigation system
  • Spacious interior with four bedrooms, study, and multiple living zones
  • Modern upgraded kitchen and well-appointed bathrooms, including master with ensuite
  • Year-round comfort with evaporative cooling and gas heating

✨ Key Features

  • Activity Centre Zone
  • Large 674m² allotment
  • 4 bedrooms all with BIRs plus study
  • Ensuite
  • Evaporative cooling
  • Gas heating
  • Double garage/workshop
  • Single carport
  • Well Established gardens with irrigation system
  • Close to schools, shopping centres, doctors, and public transport
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40 Russell Street
Cranbourne, VIC 3977
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Vertical aerial view — 40 Russell Street
40 Russell Street — Vertical Aerial  •  Cranbourne, VIC 3977  •  Nearmap © 2026

Cranbourne is a vibrant suburb offering excellent amenities, including shopping centres, schools, and public transport. It boasts a strong community atmosphere, convenient access to major roads, and a growing development scene. The area is ideal for families and investors seeking a blend of lifestyle and future growth potential.

What are the future development possibilities for this property?
Located within the Activity Centre Zone, the property has potential for high-density development (STCA), making it suitable for investors and developers.
Is the property suitable for families?
Yes, the home offers four bedrooms plus a study, multiple living zones, and is close to schools, parks, and local amenities, making it ideal for families.
What are the heating and cooling features?
The property is equipped with evaporative cooling for year-round comfort and gas heating to keep the home warm during colder months.
Are there any recent upgrades or renovations?
The kitchen has been upgraded, and the home is well-maintained, reflecting a craftsman-built quality and modern features.
What outdoor features does the property have?
The property features well-established gardens with an irrigation system, and ample outdoor space for leisure and gardening.
Are there any zoning restrictions or planning overlays that could affect future development plans? What are the council rates and any additional fees associated with the property? Are there any easements, covenants, or restrictions on the land? Has the property been affected by flooding or bushfire risks in the past? Are there any upcoming planning or construction projects in the vicinity that could impact the property’s value or living environment?

40 Russell Street, Cranbourne, Vic 3977 - More Details

$770,000 - $820,000

Positioned on a prominent allotment and set within the Activity Centre Zone, this immaculately maintained property presents an outstanding opportunity for both families and developers alike, with clear potential for high-density development (STCA).

The existing home is in excellent condition and offers comfortable, spacious living with four bedrooms plus a study (or five bedrooms), all with built-in robes, and two bathrooms.

Multiple living zones include a open plane formal lounge and dining areas adjoining the classic kitchen-ideal for everyday living or entertaining.

Year-round comfort is well catered for with evaporative air conditioning and the warmth of gas heating

Outside, the site provides excellent access and flexibility, complemented by a double garage/workshop and single carport of which both have automatic garage doors

Property Features:

- Activity Centre Zone - suitable for high-density development (STCA)
- Large 674m allotment
- 4 bedrooms all with BIRs plus study
- Master bedroom with Ensuite
- Craftsman Built Home
- Well Established gardens with irrigation system
- Formal lounge and dining
- Rumpus/games room
- Upgraded kitchen
-Evaporative cooling and gas heating
- Double garage/workshop and single carport
- Close to schools, Centro shopping centre ,High Street Shops, Doctors and public transport

Whether you're looking for a solid family home, a strategic investment, or a premium development site, this property delivers size, location and future potential in one impressive package.

Type
House
Bedrooms
4
Bathrooms
2
Parkings
3
Area
674 m²

Price guide

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