42 Collison Road, Cranbourne East VIC 3977

42 Collision is slated for development, the expectation is within the next twelve months to two years there will be approval by council, the yield on the property should be 15 - 26 blocks on this allotment,
Looking at land sales in the area, each block should sell at $350,000 on todays pricing,
42 Collison is situated upon 7359m2 (approx.), currently tenanted at $450 PW (approx.) and the Settlement terms for the property are 30 - 120 days,
All of this is subject to council approval which is currently being processed.
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