FOR SALE
$150,000 + GST

24-26 Stanley Street
Collinsville QLD 4804

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 981m2
Land area: 981m2
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Renovate or Detonate - Commercial Opportunity

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:
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Property Details for 24-26 Stanley St, Collinsville

Building Type
Commercial
Floor Size
981m2
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 1,215 properties. Over the last 5 years, Houses in Collinsville have seen a 117.65% increase in median value, while Units have seen a -3.61% decrease. As at 31 October 2024:

  • The median value for Houses in Collinsville is $171,503 while the median value for Units is $204,867.
  • Houses have a median rent of $385 while Units have a median rent of $200.
There are currently 13 properties listed for sale, and 1 property listed for rent in Collinsville on OnTheHouse. According to CoreLogic's data, 87 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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