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  • 552 - 558 Plenty Road, PRESTON, VIC 3072

552 - 558 Plenty Road, Preston, VIC 3072

  • 6 Bed
  • 2 Bath
  • 4garages

Auction

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Prime Development Opportunity: 108 Place Childcare Centre or 10 Townhouses!

Exciting 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 for a 108 Place Childcare Centre plus it also has a permit for 10 Townhouse.

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.

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.

Auction Opportunity: This property will be sold via auction, providing an exciting chance for savvy investors and developers to secure a valuable asset in a thriving market.

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.

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

Anthony Zammit 0458 000 000

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avatar Patrick Mammone
Patrick Mammone
Licensed Estate Agent
avatar Kevin Paghdar
Kevin Paghdar
Licensed Estate Agent

Got a property to sell? Contact us for a free Request Appraisal

Auction:
Thursday 08 May at 12:30PM
Property Info:
  • Property ID: L33461028
  • Property Type:House
  • Building / Floor Area:500 sqm
  • Carports:4
  • Land Area:1103 sqm
We Know Your Area
R&H Suburb Profile: Preston
R&H Suburb SummaryHouses
Number of sales327
Average Price$1,207,864
Median Price$1,160,000
Median Rental Price$600 p.w.
Change in Rental Rate (5yr)25 %
R&H Suburb SummaryUnits
Number of sales310
Average Price$632,909
Median Price$612,000
Median Rental Price$540 p.w.
Change in Rental Rate (5yr)35 %
Median Trend - $1,160,000
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