24 Collison Road
Cranbourne East, VIC 3977
3
1
land - res development
Built: 1973
External: 7348m²
Internal: 115m²
Track its value and build insights over time.
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.
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.
$2,000,000
$500
$2,175,000 - $2,275,000
$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
We haven't detected bushfire overlays on this property.
Flood
We haven't detected flood overlays on this property.
Heritage
We haven't detected heritage overlays on this property.
Zoning
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
Nearby education
Schooling and educational options in the area, for all ages.
Casey Fields Primary School
K - Yr 6
Government
Casey Grammar School
K - Yr 12
Independent
Cranbourne East Primary School
K - Yr 6
Government
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Cranbourne East
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Casey Council
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Victoria
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