24 Collins Street, Chadstone VIC 3148

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.



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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