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324-330 Bell Street & 229-247 High Street, Preston, VIC 3072

2. Property Highlights

Preston Corner – The Gateway to the Inner-North
  • Expansive corner site of 4,134m²*
  • Favourable Priority Development Zone
  • Exceptional corner interface

Colliers Development Site Sales is pleased to present 'Preston Corner,' 324-330 Bell Street & 229-247 High Street, Preston; an unrepeatable development opportunity situated at the gateway to Melbourne’s thriving inner northern suburbs for sale via Expressions of Interest (EOI) closing Thursday 1 December at 2pm.

Offering scope for a development of true scale in a rapidly gentrified precinct, Preston Corner is well positioned to take advantage of a strong demographic shift and central position in a fast-growing area.

Key features are noted below:

• Expansive corner site of 4,134m²* over multiple titles
• Triple frontage totalling 189m* with huge exposure to High Street and Bell Street
• Favourable Priority Development Zone that encourages the use and development of land for projects and areas of regional or State significance
• Incredible high-profile location with strong levels of passing traffic that would also appeal to a wide range of commercial uses
• Positioned 200m* to the new Bell Train Station and 350m* to tram stops along Plenty Road providing direct access to the Melbourne CBD
• Existing improvements across four of the five properties that could be rented for immediate income, repositioned or used as a display suite
• Surrounded by high quality retail amenity including High Street Preston, The Preston Market, Preston/Thornbury Junction, multiple Aldi stores and Northland Shopping Centre
• Strategic gateway position entering the inner northern suburbs and the Preston Activity Centre.

For further information, please contact the exclusive selling agents at Colliers.

Joe Kairouz
+61 421 430 638

Hamish Burgess
+61 418 327 574


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3. Property Location

324-330 Bell Street & 229-247 High Street, Preston, VIC 3072

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4. Due Diligence

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324-330 Bell Street & 229-247 High Street, Preston, VIC 3072 Preston
Colliers - Melbourne CBD
Colliers - Melbourne CBD
Ground Floor, Optus Centre 367 Collins Street, Melbourne, VIC, 3000
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