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Address available on request, Preston, VIC 3072

Address available on request, Preston, VIC 3072

Preston

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Address available on request, Preston, VIC 3072

Address available on request, Preston, VIC 3072

Properties / Buy / Victoria / Preston
Development Potential
Property Type
Commercial
Sub Type
Land Site
Land Area
2,690 m² (*approx)
Selling Method
EOI: Closing Monday November 6th, 2023 at 2.00pm (AEDT)
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Prized Development Site Opportunity- Corner Landholding 2690 m2- On 5 Titles in The Heart Of Preston

This rare offering is positioned in The Heart of Preston. This property offers two street frontages and one right of way (R.O.W), Public transport at the doorstep, and is less then 9km from the Melbourne C.B.D .

The 2690 m2* landholding offers a significant development opportunity with potential flexibility across the 5 separate titles.

The key highlights of the opportunity include:

- A significant 2690 m2* landholding with two street frontage and one right of way (R.O.W)

- Discretionary development controls and a highly flexible zone allowing for Commercial Development

- Commercial 1 zone (C1Z)

This Heart of Preston corner is offered for sale via Expressions of Interest closing Monday November 6th, 2023 at 2.00pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Timeless Real Estate.

For more details, please email broker or call agents.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Development Site Summary

Property Type
Commercial
Sub-type
Land Site
Land Area
2,690 m² (*approx)
Selling method
EOI: Closing Monday November 6th, 2023 at 2.00pm (AEDT)

Development Site Highlights

Prized Development Site Opportunity- Corner Landholding 2690 m2- On 5 Titles in The Heart Of Preston

This rare offering is positioned in The Heart of Preston. This property offers two street frontages and one right of way (R.O.W), Public transport at the doorstep, and is less then 9km from the Melbourne C.B.D .

The 2690 m2* landholding offers a significant development opportunity with potential flexibility across the 5 separate titles.

The key highlights of the opportunity include:

- A significant 2690 m2* landholding with two street frontage and one right of way (R.O.W)

- Discretionary development controls and a highly flexible zone allowing for Commercial Development

- Commercial 1 zone (C1Z)

This Heart of Preston corner is offered for sale via Expressions of Interest closing Monday November 6th, 2023 at 2.00pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Timeless Real Estate.

For more details, please email broker or call agents.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

Address available on request, Preston, VIC 3072

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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: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

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Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

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LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
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Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
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Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
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Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
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Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
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Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
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Address available on request, Preston, VIC 3072 Preston
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