24 Collins StreetChadstone VIC 3148
Property Details for 24 Collins St, Chadstone
24 Collins St, Chadstone is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 708m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (January 2022)
Representing an incredibly rare opportunity for astute builders or developers, registered NDIS providers or DHHS operators to commence immediate construction upon this tantalizing 710sqm approx. allotment, with the hard work of plans and permits for nine Class 2 apartments already approved.
Currently home to an existing two-bedroom dwelling, the plans propose for the construction of 9 approved apartments, designed to deliver improved liveability of SDA (Specialist Disability Accommodation). Including three 2-bedroom, 1-bathroom units and six 1-bedroom, 1-bathroom units, with additional accommodation provided for an OOA to be housed on each floor.
Rendering this a lucrative offering for those providers seeking a profitable venture, each apartment, upon completion, has the capacity to provide $1000 per week per unit from an NDIS or other related department with a 2% increase granted each year or follow by CPI, plus a bonus for living expenses, along with a land tax exemption.
Set to excite, the site rests only moments from Holmesglen Train Station and Chadstone Shopping Centre, with convenient access to buses, Holmesglen Institute, parkland plus Monash Freeway.
Photo ID required at all open for inspections.
Disclaimer: We have in preparing this document used our best endeavors to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 24 Collins St, Chadstone, VIC 3148
- 21 Nov 2021Sold for $1,550,000
- 21 Sep 2021Listed for Sale Onsite Auction
- 25 Jun 2018Sold for $1,180,000
Recent sales nearby
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0About Chadstone 3148
The size of Chadstone is approximately 3.1 square kilometres. It has 7 parks covering nearly 9.6% of total area. The population of Chadstone in 2016 was 8641 people. By 2021 the population was 9552 showing a population growth of 10.5% in the area during that time. The predominant age group in Chadstone is 30-39 years. Households in Chadstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chadstone work in a professional occupation.In 2021, 57.80% of the homes in Chadstone were owner-occupied compared with 57.50% in 2016.
Chadstone has 5,119 properties. Over the last 5 years, Houses in Chadstone have seen a 9.01% increase in median value, while Units have seen a 21.17% increase. As at 31 January 2026:
- The median value for Houses in Chadstone is $1,334,153 while the median value for Units is $929,185.
- Houses have a median rent of $650 while Units have a median rent of $620.
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