Stonebridge Property Group is delighted to present for sale 296 Plenty Road, Preston, a permit approved residential development site in one of Melbourne’s highly sought inner metro locations.

Underpinned by a substantial 1,644 sqm* landholding, the property is permit approved for a 6-storey building with 55 apartments and ground floor retail. Situated only 350 m* away from Preston’s renowned High Street retail precinct, the precinct is well supported by transport with proximity to both Bell Train Station and Preston Train Station, as well as Preston High School and ELC options.

Key highlights of the property include:

• Permit approved for a 6 level building with 55 apartments and ground floor retail
• Underpinned by a strategic landholding of 1,644 sqm* zoned Commercial 1 with frontage of over 49 m* to Plenty Road
• Rear frontage of 49 m* via rear laneway access
• Located within the booming inner north suburb of Preston, highly regarded for its retail amenity, schools and lifestyle amenity
• Proximity to famed Preston Market (only 800 m*) as well as a range of local service providers, restaurants, cafes and bars along highly regarded High Street
• Proximity to Preston East Retail and Industrial Precinct (1.2 km*), including national retailers Chemist Warehouse, Petbarn, BCF, Spotlight and Moon Dog World
• Only 1.5 km* from Northland Shopping Centre
• Well supported by public transport infrastructure, including Preston Train Station (800 m*), Bell Train Station (650 m*) and the number 58 Tram line along Plenty Road out the front of the property

To obtain further information please contact the exclusive selling agents.

* Approximate