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SOLD

264 Plenty Road, Preston, VIC, 3072

Development Potential
DETAILS
HIGH EXPOSURE CORNER SHOWROOM WITH HUGE DEVELOPMENT UPSIDE (STCA)

Expressions of Interest Closing Tuesday 31st August at 5pm

Located on a prominent corner and occupying an impressive land allotment is this multi-faceted opportunity in a highly sought-after inner city location. This large corner allotment of 913sqm* enjoys a massive 65m* frontage to Plenty Road and Livingstone Street, immediately occupiable as well as

INVESTORS
Estimated Market Rental of $100,000 pa and buoyant showroom/warehousing leasing market.

OWNER OCCUPIERS
High Exposure corner with retail/showroom/warehouse use as well as off-street undercover car parking. The open floorplate offers a generous mix of showroom/retail, warehouse/storage and office space for your business headquarters.

DEVELOPERS
Underpinned by a strong median house price of $1,150,000 and a history of capital growth (8.88% in the past year alone), take advantage of record low interest rates and a booming residential market as well as nearby precedence of 6 level developments.

> Flexible Commercial 1 Zoning with strong precedence nearby of 6-8 level development
> Close proximity to Preston Market, Woolworths, 500m from High Street retail precinct and approx. 2.5km to Northland Shopping Centre
> Concept plans prepared for a mixed use development scheme by Taouk Architects available upon request

+Kristian Lunardi 0401 810 556
+Jake Jenkins 0438 042 546

For all enquiries or to arrange a private inspection, please contact exclusive agents Nelson Alexander Commercial on 9419 5511.

*approx

Remember to mention you found this property on DevelopmentReady.com.au

DEVELOPMENT SITE SUMMARY
EOI:
TITLE:
Closing Tuesday 31st August at 5pm
Property Area
AREA:
913 m² (*approx)
Property Type
TYPE:
Mixed Use,
Development Potential
DEVELOPMENT APPROVAL:
Concept plans prepared for a mixed use development scheme by Taouk Architects available upon request

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264 Plenty Road, Preston, VIC, 3072

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