$150,000 + GST

This versatile commercial opportunity is one not to be missed. Located at 24-26 Stanley Street in the heart of Collinsville. This three-shop 981m2 corner block complex, presents multiple streams of income potential also featuring a 1-bedroom unit at the rear, this property provides the flexibility for on-site living or additional rental income.

The unit is currently tenanted for $180pw.

For investors envisioning a more ambitious project, the opportunity to demolish the existing building and develop a vacant commercial block calls.


Key Features:

• Renovation Potential: With significant renovation work required, this property provides an exciting canvas for renovation enthusiasts to breathe new life into it.

• Three-Shop Complex: Benefit from three separate shop fronts, offering diverse rental opportunities for retail, office, or service-oriented businesses.

• Residential Unit: The inclusion of a 1-bedroom unit at the rear adds flexibility for on-site living or additional rental income.

• Development Potential: Envision a new chapter for this prime site by demolishing the existing building and creating a vacant commercial block ready for your next investment.

• Convenient Location: Positioned in the heart of Collinsville, with easy access to local amenities, schools, and more makes it an attractive prospect for both residents and businesses.

Potential Uses:
- Office Space
- Retail Space
- Service-oriented Businesses
- Residential Rental
- Business or centre zoning

Whether you're seeking a renovation project or the opportunity to develop a new commercial site from scratch, this property at 24-26 Stanley Street is for you.