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547-567 Bell Street, PRESTON, VIC 3072
Preston
Under instructions from Baptcare, CBRE Australian Healthcare & Social Infrastructure are excited to present 547-567 Bell Street, Preston. With vacant residential accomodation having become increasingly popular amongst occupiers, investors and healthcare/accommodation conversion users, an opportunity this close to the Melbourne CBD is rarely offered and further consideration is recommended.
OVERVIEW
+Former residential accomodation with dual street frontage and valuable rear lane-way access
+Highly valuable, multi-level existing improvements featuring 48 rooms (all w/ensuite)
+Corner landholding of 2,637sqm* zoned General Residential allowing for numerous end uses including occupation, value-add, redevelopment, land-banking, NDIS Accommodation or healthcare conversion (STCA)
+Existing building area of 1,850sqm* maintained to an impressive standard with on-site parking for 29 vehicles plus bike storage
+Multiple points of access via Bell or Scotia Streets with full at-grade access, pickup/drop-off entrance and ample surrounding street parking
LOCATION
+High exposure location with over 15,000* vehicles passing daily
+Strong historical growth location with Preston’s median house price having increased 33% over the past three years (Q2 2019 - Q2 2022)*
+Surrounded by blue-chip suburbs including Northcote, Brunswick and Thornbury all of which have seen a meteoric rise in popularity over the past half-decade
+Ideally positioned moments from dense retail, education and community amenity including Preston South shopping centre, Ray Bramham Gardens, Bowden Reserve, Melbourne Polytechnic, Sacred Heart School, Preston Highschool and more
+Highly favourable demographic trends for healthcare with 20%* of the population aged over 70 years old.
For Sale Via Expressions of Interest closing Thursday 25th August at 2:00pm
For more information please contact the exclusive sales and marketing agents
Sandro Peluso
+61 418 389 757
Jimmy Tat
+61 439 399 118
Marcello Caspani-Muto
+61 417 065 777
Remember to mention you found this property on DevelopmentReady
Under instructions from Baptcare, CBRE Australian Healthcare & Social Infrastructure are excited to present 547-567 Bell Street, Preston. With vacant residential accomodation having become increasingly popular amongst occupiers, investors and healthcare/accommodation conversion users, an opportunity this close to the Melbourne CBD is rarely offered and further consideration is recommended.
OVERVIEW
+Former residential accomodation with dual street frontage and valuable rear lane-way access
+Highly valuable, multi-level existing improvements featuring 48 rooms (all w/ensuite)
+Corner landholding of 2,637sqm* zoned General Residential allowing for numerous end uses including occupation, value-add, redevelopment, land-banking, NDIS Accommodation or healthcare conversion (STCA)
+Existing building area of 1,850sqm* maintained to an impressive standard with on-site parking for 29 vehicles plus bike storage
+Multiple points of access via Bell or Scotia Streets with full at-grade access, pickup/drop-off entrance and ample surrounding street parking
LOCATION
+High exposure location with over 15,000* vehicles passing daily
+Strong historical growth location with Preston’s median house price having increased 33% over the past three years (Q2 2019 - Q2 2022)*
+Surrounded by blue-chip suburbs including Northcote, Brunswick and Thornbury all of which have seen a meteoric rise in popularity over the past half-decade
+Ideally positioned moments from dense retail, education and community amenity including Preston South shopping centre, Ray Bramham Gardens, Bowden Reserve, Melbourne Polytechnic, Sacred Heart School, Preston Highschool and more
+Highly favourable demographic trends for healthcare with 20%* of the population aged over 70 years old.
For Sale Via Expressions of Interest closing Thursday 25th August at 2:00pm
For more information please contact the exclusive sales and marketing agents
Sandro Peluso
+61 418 389 757
Jimmy Tat
+61 439 399 118
Marcello Caspani-Muto
+61 417 065 777
Remember to mention you found this property on DevelopmentReady
547-567 Bell Street, PRESTON, VIC 3072
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
