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24 Collison Road, Cranbourne East, VIC 3977

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For sale

24 Collison Road

Cranbourne East, VIC 3977

3

1

land - res development

Built: 1973

External: 7348m²

Internal: 115m²

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Milestone Real Estate
Nitin Bhatia
Nitin Bhatia

Milestone Real Estate

A​ ​rare​ ​opportunity​ ​not​ ​to​ ​be​ ​missed!

Lifestyle​ ​and​ ​prime​ ​location​ ​are​ ​at​ ​the​ ​core​ ​of​ ​this​ ​wonderful​ ​property​ ​positioned​ ​over​ ​1.8​ ​acres​ ​(7585m2​ ​approx.),​ ​offering​ ​an​ ​exceptional​ ​land​ ​banking​ ​opportunity​ ​for​ ​astute​ ​developers​ ​and​ ​investors.​ ​Situated​ ​in​ ​General​ ​Residential​ ​Zoning,​ ​in​ ​one​ ​of​ ​the​ ​fastest-growing​ ​Southeast​ ​suburbs,​ ​this​ ​property​ ​is​ ​a​ ​great​ ​candidate​ ​for​ ​subdivision​ ​and​ ​development​ ​(STCA).​ ​

Being​ ​within​ ​a​ ​very​ ​close​ ​vicinity​ ​to​ ​multiple​ ​schools​ ​(Primary,​ ​Secondary​ ​and​ ​P-12),​ ​sporting​ ​precincts,​ ​multiple​ ​different​ ​shopping​ ​and​ ​food​ ​outlets​ ​and​ ​medical​ ​centres,​ ​making​ ​money​ ​on​ ​this​ ​is​ ​not​ ​a​ ​matter​ ​of​ ​if​ ​but​ ​when!​ ​

The​ ​house​ ​itself​ ​comprises​ ​three​ ​bedrooms​ ​and​ ​one​ ​bathroom.​ ​Outside​ ​has​ ​a​ ​pergola​ ​along​ ​the​ ​side​ ​of​ ​the​ ​house​ ​with​ ​a​ ​massive​ ​shed​ ​and​ ​a​ ​large​ ​backyard.​ ​There​ ​are​ ​only​ ​a​ ​very​ ​limited​ ​amount​ ​of​ ​opportunities​ ​with​ ​land​ ​like​ ​this​ ​left​ ​in​ ​Cranbourne​ ​East.​ ​

•​ ​Site​ ​is​ ​approx.​ ​7585​ ​m2​ ​
•​ ​Prime​ ​future​ ​development​ ​potential
•​ ​Close​ ​to​ ​all​ ​essential​ ​amenities
•​ ​Estimated​ ​rental​ ​return​ ​(existing​ ​house)​ ​-​ ​$450​ ​Per​ ​Week​ ​

This​ ​is​ ​a​ ​fantastic​ ​opportunity​ ​to​ ​get​ ​your​ ​hands​ ​on​ ​a​ ​property​ ​that​ ​is​ ​truly​ ​going​ ​to​ ​make​ ​you​ ​wealthy​ ​bank​ ​so​ ​don't​ ​miss​ ​out​ ​and​ ​get​ ​in​ ​quick.​ ​Call​ ​Nitin​ ​Bhatia​ ​on​ ​0432​ ​426​ ​688​ ​or​ ​Guru​ ​Hayer​ ​0433​ ​321​ ​603​ ​for​ ​an​ ​inspection​ ​now.

**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.​ ​Our​ ​floor​ ​plans​ ​are​ ​for​ ​representational​ ​purposes​ ​only​ ​and​ ​should​ ​be​ ​used​ ​as​ ​such.​ ​We​ ​accept​ ​no​ ​liability​ ​for​ ​the​ ​accuracy​ ​or​ ​details​ ​contained​ ​in​ ​our​ ​floorplans.

Valuation estimates

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Rental income estimate and range

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Median unit price trends

Comparing the price trend of units in Cranbourne East against the state of Victoria over the last 5 years. Source: CoreLogic

Property history

A breakdown of how regularly this property entered and exited the market for sale or lease.

Sold
Nov 2023

$2,000,000

Rental
May 2023

$500

Listed for sale
Mar 2023

$2,175,000 - $2,275,000

Rental
Apr 2017

$350 wk

Comparable properties

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Planning overlays and zoning

Overlays and zoning could mean potential building restrictions or standards due to environmental impacts or government regulations.

Bushfire
Not detected

We haven't detected bushfire overlays on this property.

Flood
Not detected

We haven't detected flood overlays on this property.

Heritage
Not detected

We haven't detected heritage overlays on this property.

Zoning
Not detected

We haven't detected zone code on this property.

Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

34 Days

House median days on market

26 Days

Unit median days on market

404 Properties

Sold in last 12 months

152 Properties

Available in the last month

Cranbourne East residents

Key characteristics of the residents in the area, view the full breakdown of the suburb here.

Under 18

Is the most common age range

Mortgaged Owners

Most common occupant type

Families

Most common household profile

Technicians and Trades Workers

Most common occupation

Detached Houses

Most common property type

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Nearby education

Schooling and educational options in the area, for all ages.

Casey Fields Primary School

K - Yr 6

Government

In catchment

Casey Grammar School

K - Yr 12

Independent

In catchment

Cranbourne East Primary School

K - Yr 6

Government

In catchment

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Cranbourne East

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Casey Council

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Victoria

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