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Development/Land For Sale or For Lease found in PRESTON, VIC 3072

HIGH QUALITY PERMIT APPROVED SITE IN HIG...

Development/Land

Savills is delighted to offer for sale this high quality development site situated in a highly sought after position close to the bustling High Street Retail Strip. This property represents a fantastic opportunity to acquire a prime development site with an approved permit for a striking 5 level mixed-use development. The key attributes of this fantastic property include:
- Large site of 1,243sq m*
- Approved permit in place for a high quality, 'DKO Architects' designed project comprising 42 apartments + retail over 5 levels
- Ideally weighted apartment mix with majority spacious 2-bedroom apartments
- Superb location in a quiet residential street, with potential for stunning CBD views from the upper levels of the project
- Close proximity to various parks and reserves, including Newman Reserve (100m*) and Ray Bramham Gardens (300m*)
- Easy access to both Thornbury and Bell Train Stations, and serviced by numerous tram routes along St Georges Road/High Street
- Surrounded by an abundance of retail amenity including High Street retail, Woolworths Preston South, Preston Market, Northcote Plaza Shopping Centre and more
- Following significant recent growth in Brunswick, Northcote and Thornbury - Preston in Now considered to be the new apartment hot spot in Melbourne's North
The opportunity to secure such a prime development site in one of Melbourne's growth suburbs and key retail locations is incredibly rare, especially when you consider the proximity to quality retail amenity, public transport, size of the site, successful surrounding developments and planning approval for a spectacular mixed use development.
62 Oakover Road, Preston is for sale via Public Auction on Friday 8 September at 12 noon on-site.
For further information, please contact:
Julian Heatherich - 0412 995 655
Jesse Radisich - 0402 085 702
Benson Zhou - 0458 488 888

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Price: Auction on Friday 8 September at 12 noon    Land: 1243m²    Occupancy: Vacant

PERMIT APPROVED GATEWAY SITE | PRIME RET...

Development/Land

Savills is delighted to offer for sale this magnificent development site situated in a highly sought after position just metres from the bustling High Street precinct. This property represents a fantastic opportunity to acquire a prime corner development site within the rapidly evolving and highly sought after suburb of Preston with a recently approved permit for a striking 9 level mixed-use development. The key attributes of this fantastic property include:
- A high profile corner site of 1,761sq m*
- Extensive frontages to Cramer Street and St Georges Road
- Flexible Priority Development Zone 2
- Approved permit for a 'Hayball' designed project comprising 95 apartments (with majority 2 bedroom apartments) plus retail
- All apartments will enjoy high levels of natural light due to the corner position
- Potential for stunning views, including CBD views from the upper levels
- An ideal location just behind the High Street retail precinct, featuring the Preston Market, Aldi, Woolworths, and more
- Easy access to Preston Train Station plus St Georges Road trams, providing direct CBD access
- Preston just 8km* from the CBD is currently undergoing a boom in apartment development and seeing rapidly rising sales rates
- A high quality, permit approved development opportunity designed by renowned architects
The opportunity to secure such a prime development site in one of Melbourne's growth suburbs and key retail locations is incredibly rare, especially when you consider the proximity to quality retail amenity, public transport, size of the site, successful surrounding developments and planning approval for a spectacular mixed use development.
30 Cramer Street, Preston is For Sale by Expressions of Interest closing Wednesday 23rd August at 2pm.
For further information, please contact:
Jesse Radisich - 0402 085 702
Clinton Baxter - 0413 569 888
Benson Zhou - 0458 488 888

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Price: EOI Closing Wednesday 23 August at 2pm    Land: 1761m²    Occupancy: Vacant

Properties located in the surrounding suburbs

MODERN SHOWROOM/DISPLAY YARD WITH HIGH EXPOSURE - SUIT OWNER/OCCUPIER OR DE...

Development/Land

Colliers International and Nelson Alexander are pleased to present 652-660 Sydney Road, Coburg for private sale.
This showroom/display yard offers endless potential for the astute business owner, investor or developer (Activity Centre Zoning precinct 8 with 14.4m preferred height STCA) Impressive dimensions (approx. 1030m2) 3 street frontage, corner position and a high-profile location; this unique property presents a rewarding freehold/investment opportunity along with outstanding multi-level development potential (STCA) also. The high profiled corner location offers endless exposure for any business existing or new. Complete with Activity Centre Zoning (ACZ1), the property is leased (until December 2017) returning approx $120K per annum plus outgoings. This site represents the perfect opportunity for multiple uses. With trams out front, walking distance to Batman Station, Coburg Lake Reserve, local schools, as well as easy access to cafes and restaurants, shops and supermarkets.
Key property features are below:
- Large corner block (approx 1,030sqm)
-Modern Turn Key showroom
-Three Street frontage
-High Exposure for business owners
- Activity Centre Zoning (ACZ1)
- Approx 70m of street frontage
- Leased to Dec 2017 ($120K p.a. + outgoings)
- Multi-level development potential
- High-profile location
- Trams out front, walking distance to Batman Station
- Moments from Coburg Lake Reserve
- Easy access to cafes, shops and supermarkets
For more information please contact marketing agents Colliers International and Nelson Alexander
Colliers International
Hamish Burgess 0421 641 497
Oliver Hay 0419 528 540
Nelson Alexander
Milo Rasinac 0418 379 374
Stefan Stella 0422 093 149

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Price Contact Agent
Land 1030m²
Occupancy Vacant
Property ID 256574

THE PERFECT PERMIT APPROVED PARKSIDE SITE

Development/Land

Savills is delighted to offer sale the opportunity to purchase this landmark development site, ideally positioned within one of Melbourne's key growth locations. 718-724 Sydney Road is offered for sale with an approved permit for a major mixed-use project comprising 118 apartments plus ground floor retail, with direct park access and uninterrupted views.
The key attributes of this property include:
- Major development site of 3,177sq m*
- Extensive Sydney Road frontage of 61m*
- Highly sought after Activity Centre Zone 1
- Recently approved permit in place for a stunning 5-level mixed-use project comprising 118 apartments + retail
- Rear frontage and uninterrupted, elevated aspects over the magnificent Coburg Lake Reserve
- The project has been cleverly designed to integrate with the reserve, with direct access and incredible views
- Serviced by Batman Train Station (300m*) and Sydney Road trams
- Close proximity to extensive retail amenity on Sydney Road, plus Gaffney Street Coles and Lincoln Mills Homemaker Centre
- Truly rare opportunity to acquire a site of this size with direct, elevated frontage onto Coburg Lake Reserve!
718-724 Sydney Road, Coburg North is For Immediate Private Sale.
For further information, please contact:
Jesse Radisich - 0402 085 702
Nick Peden - 0402 011 266
Clinton Baxter - 0413 569 888

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Price - Immediate Private Sale
Land 3177m²
Occupancy Vacant
Property ID 247450


PERMIT APPROVED APARTMENT SITE IN HIGH G...

Development/Land

Savills is delighted to offer for sale 260-266 Bell Street, Heidelberg Heights.
The property represents an exceptional opportunity to acquire a development site with planning approval for a high quality residential project designed by renowned 'Plus Architects'. Located within a rapidly growing precinct, this site is ideally placed between the Northland Shopping Centre and the bustling Burgundy Street retail strip. The key attributes of the property include:
- Large landholding of 1,188sq m*
- Newly approved permit for a premium 6-level project comprising 40-apartments, designed by renowned 'Plus Architecture'
- Ideal apartment mix with majority of the project comprising spacious 2-bedroom apartments
- Prime location in close proximity to the bustling Burgundy Street retail precinct, Heidelberg medical/hospital precinct, Heidelberg West retail precinct, Northland Shopping Centre and Melbourne Polytechnic
- Elevated position with potential for stunning, panoramic city views
- Well serviced by public transport including Heidelberg Train Station and extensive bus routes
- A highly sought after residential location with an average 10% annual growth in median house price over the past 8 years^
260 - 266 Bell Street, Heidelberg Heights is for sale by Expressions of Interest closing Wednesday 6 September at 2pm
For further information, please contact:
Julian Heatherich - 0412 995 655
Nick Peden - 0402 011 266
Jesse Radisich - 0402 085 702
Benson Zhou - 0458 488 888

Read more
Price: EOI Closing Wednesday 6 September at 2pm    Land: 1188m²    Occupancy: Vacant

SUBURB PRICE GUIDE

Suburb Summary - Preston, VIC 3072

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $7453 $549 7.36%
Retail $7453 $284 3.82%
Industrial $1297 $105 8.11%
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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