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24-26 Stanley Street
Collinsville QLD 4804

Bedrooms: 1
Bathrooms: 1
Car spaces: 5
Land area: 981m2
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Residential Address with Commercial Opportunity

This versatile commercial opportunity is one not to be missed. Located at 24-26 Stanley Street in the heart of Collinsville, there is a residential address with the added benefit of a three-shop 981m2 corner block complex allowing for multiple streams of income. Rent out the unit or live in while managing the shopfronts, the flexibility is yours.
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.
• Residential Unit: The inclusion of a 1-bedroom unit at the rear adds flexibility for on-site living or additional rental income.
• Three-Shop Complex: Benefit from three separate shop fronts, offering diverse rental opportunities for retail, office, or service-oriented businesses.
• 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:
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Property Details for 24-26 Stanley St, Collinsville

24-26 Stanley St, Collinsville is a 1 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 981m2. The place is currently for sale with Ray White Whitsunday.

Building Type
House
Land Size
981m2

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About Collinsville 4804

The size of Collinsville is approximately 27.8 square kilometres. It has 6 parks covering nearly 2.2% of total area. The population of Collinsville in 2011 was 1,501 people. By 2016 the population was 1,220 showing a population decline of 18.7% in the area during that time. The predominant age group in Collinsville is 50-59 years. Households in Collinsville are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Collinsville work in a machinery operators and drivers occupation. In 2011, 63.6% of the homes in Collinsville were owner-occupied compared with 67.9% in 2016.

Collinsville has 1,218 properties. Over the last 5 years, Houses in Collinsville have seen a 101.72% increase in median value, while Units have seen a 1122.78% increase. As at 31 July 2024:

  • The median value for Houses in Collinsville is $160,058 while the median value for Units is $405,914.
  • Houses have a median rent of $380 while Units have a median rent of $200.
There are currently 14 properties listed for sale, and no properties listed for rent in Collinsville on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Collinsville.

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Jeremiah Roberts
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Ray White Whitsunday
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