$1,963,000

1 Bed  •  2 Bath  •  20 Car  •  567m²

Main view of Homely house listing, 284-286 Plenty Rd, Preston VIC 3072
Second view of Homely house listing, 284-286 Plenty Rd, Preston VIC 3072
Third view of Homely house listing, 284-286 Plenty Rd, Preston VIC 3072
+9

Sold

284-286 Plenty Rd, Preston VIC 3072

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$1,963,000

  • 1
  • 2
  • 20
  • 567m²

House Sold on Thu 27 Mar, 2025

What's around Plenty Rd

House description

“Potential Passive Income Or Development Opportunity!”

Secure a prime property on four titles, boasting immense potential for development and returns!



_Key Features:_

-available long settlement

- Prime location on Plenty Road, Preston

- Four titles, offering flexibility for development

- High-density zoning, perfect for apartments, townhouses, or mixed-use development

- Potential rent return of $300,000 per annum

- Close proximity to public transport, shops, and amenities

Perfect for medical centre child care centre or separate tenants with plenty underground parking.



_Development Potential:_

- Explore options for apartments, townhouses, or mixed-use development (STCA)

- Unlock potential for significant returns on investment

- Perfect for developers, investors, and builders seeking a lucrative project



_Property Details:_

- Land area: 567sq

- building size 40sq

-zoning commercial 1

- Four titles on one block

- Potential rent return: $300,000 per annum



The area:



Close to Preston Market & Northland shopping Centre. Preston Train Station, Tram & bus hub

Surrounded by parks, reserves & schools

And only 8km from the CBD with easy City Link, Ring Road & airport access.



The terms :

5% 10%

Settlement 30/60/90 negotiable.

Property Code: 140

Land details

Area: 567m²

Documents

Statement of Information: View

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Fourth view of Homely house listing, 284-286 Plenty Rd, Preston VIC 3072View more
Fifth view of Homely house listing, 284-286 Plenty Rd, Preston VIC 3072View more

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284-286 Plenty Rd, Preston VIC 3072
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