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386-392 Bell Street, Preston, VIC, 3072

Development Approved
DETAILS
PRIME CORNER DEVELOPMENT SITE

CRS Property is excited to offer this high-quality permit approved residential site within sought-after Northern Suburb of Preston

Immediate and easy access to public transport with Bell Station is located a short 250 metres walk from the property

This rare development opportunity is surrounded by a wide array of premium and lifestyle amenities and the Preston Market.

For Sale by Expression of Interest closing Friday 5th November 2021 at 3PM

This prestigious corner landholding with planning approval for 39 apartments over 5 levels together with 2 ground level shops and basement carparking.

The property comprises:
* Prime Corner site of 1,047m2
* 3 Street frontages including ROW
* Permit approved for 39 apartments
* Ideal mix of 1, 2 & 3 bedroom apartments
* Priority Development Zone
* Immediate and easy access to public transport with Bell Station is located a short 250 metres walk from the property
* Only 8km's from Melbourne CBD
* Improved accessibility as a result of the planned Bell Street level crossing removal project.
* Bell street 46,000 vehicles passing daily
* Offered with vacant possession
* This rare development opportunity is surrounded by a wide array of premium retail and lifestyles amenity and the Preston Market
* Sought after and tightly held Northern location
* Booming Northern suburb location with strong medium house prices of $1,200,000 or medium unit price of $610,000
* Surrounded by numerous successful development projects reflecting strong demand for apartment living

For more information contact Lou Montalti on 0488 553 4... or Ross Mercorillo 0418 227 354

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

DEVELOPMENT SITE SUMMARY
EOI:
TITLE:
Closing Friday 5th November 2021 at 3PM
Property Area
AREA:
1047 m² (*approx)
Property Type
TYPE:
Residential, Apartment Sites, Apartment Sites
Development Approved
DEVELOPMENT APPROVAL:
For 39 apartments

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386-392 Bell Street, Preston, VIC, 3072

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