552 - 558 Plenty Road, Preston, VIC 3072

Development Opportunity in Preston

Unlock the potential of this prime land development opportunity located in the heart of Preston! Spanning a generous area, this property is perfectly positioned along the bustling Plenty Road, offering exceptional visibility and accessibility for future projects.

Key Features:

Permit Approved 10 Townhouses.

Zoned for Development: This versatile land is ideally suited for a variety of development options, whether you're looking to build residential units, or the childcare centre or a multilevel development up to 21 meters or 4 to 6 storeys (STCA) under the new zoning scheme HCTZ (S1) (Housing Choice and Transport Zone Encourages increased density on larger and consolidated lots in residential areas 800metres from the commercial core)

Strategic Location: Situated in a vibrant and rapidly growing area, this property benefits from high foot traffic and excellent public transport links. With nearby amenities including shops, cafes, and parks, the location is perfect for attracting future residents and businesses.

Endless Possibilities: With ample space to work with, the potential for this site is limited only by your imagination. Create a thriving community hub or capitalize on the demand for new housing in this sought-after suburb.

Don't miss out on this rare opportunity to invest in a key location in Preston. Whether you're a seasoned developer or looking to make your mark in the property market, 552 - 558 Plenty Road is the canvas you've been waiting for.

Vendor Terms available upon negotiation.

For more information including copy of plans and permit, or to arrange a viewing, please contact us today.

Patrick Mammone 0405 555 000

Kevin Paghdar 0426 510 510