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1 Oakover Road (Cnr High Street), Preston, VIC 3072

2. Property Highlights

  • Dual fronted C1Z landholding
  • High density development scope
  • Within Preston’s activity centre

CBRE Melbourne Metropolitan Sales is pleased to present for sale a multi-level freeholding building with ample on-site car parking + future development scope within Preston’s most successful apartment precinct.

Spanning 2,845sqm* with frontages to High Street & Oakover Road, this is a dynamic opportunity with ultimate flexibility to occupy, land bank or investment.

Number 1 Oakover Road, Preston (Cnr High Street) can be summarised by the following key attributes:

+ 2,845sqm* Commercial 1 Zone landholding with frontages to Oakover Road & High Street

+ Established two (2) level freehold building with front and rear on-site car parking returning $136,400p.a.

+ High density development scope located within the most successful apartment precinct in Melbourne (Build to Sell & Build to Rent)

+ A strong median house price suburb of $1,161,750* (REIV)

+ Ability to achieve premium CBD views & potential views aspect to Henderson Park

+ Situated on the doorstep of ‘High Street’ voted the World’s Coolest Street by Timeout

+ Walking distance to High Street & Plenty Road featuring an abundance of cafés, restaurants, bars, funky retail and the pinnacle of casual lifestyle

+ Positioned within Preston’s activity centre, only 500m* to Bell Train station, 550m* to Thornbury Train Station, 100m* to Woolworths & Aldi supermarkets and Preston South Shopping Centre. 1km* to Preston Market and 1.9km* to Northcote Plaza Shopping Centre

1 Oakover Road, Preston is For Sale via Public Expressions of Interest Campaign Closing Thursday 30th May at 2:00pm (AEST)

For further information please contact the exclusive sales and marketing agents at CBRE:

Nathan Mufale

+61 421 224 354

David Minty

+61 422 564 199

CBRE Asian Services Desk:

Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)

+61 411 059 116 (手机) (电子邮件)

jheng1206 (微信)

*Denotes Approx.

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3. Property Location

1 Oakover Road (Cnr High Street), Preston, VIC 3072

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4. Due Diligence

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