Due North, 70 High Street, Preston, VIC 3072

Development/Land

For Sale $6,750,000

  • Property ID: 335677
  • Land Area: 1258m²
  • Occupancy: Vacant
70 High Street, Preston – Permit approved

Cushman & Wakefield is pleased to present this outstanding opportunity to secure a premium permit approved apartment project.
Key Property Features:

• Permit approved for a 12-level apartment project comprising 97 apartments and 3 retail spaces
• Land Area of 1,258 sqm (approx.) with over 46m frontage to High Street
• Flexible Commercial 1 Zone (C1Z)
• 7.7km from Melbourne CBD
• Designed by award-winning architects Dko and interiors by Bergman & Co
• Average apartment size of 72.5 sqm* (1 bed: 12%, 2 bed: 79% & 3 bed: 9%)
• Exceptional public transport links and an abundance of lifestyle amenities including a thriving café culture
• Completed marketing collateral
This is a rare opportunity to acquire a permitted project in the inner North of Melbourne.
Contact Lukas or Peter to discuss the opportunity in more detail and gain access to the project dataroom.
For Private Sale $6,750,000

Preston Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5947 $280 4.71%
Offices $5053 $317 6.27%
Industrial $2030 $89 4.39%
This is the average advertised price, rent and yield for Preston, VIC 3072*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of Due North, 70 High Street, Preston, VIC 3072. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of Due North, 70 High Street, Preston, VIC 3072. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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