Innovation meets opportunity

Nestled in the coveted heart of Preston, sits a property brimming with promise and potential. Boasting a prime corner site location greatly desired by developers and homeowners alike, this parcel of land offers a rare opportunity for astute investors. With town-planning permit plans already in place for the construction of two luxurious townhomes, the groundwork is set for a visionary to capitalise on the burgeoning demand for contemporary urban living in this vibrant suburb. Discover the gateway to a prosperous future in Preston, where innovation meets opportunity in every square meter of this strategically positioned property.

Land Size: 625m2
Planning Zone :
-GENERAL RESIDENTIAL ZONE - SCHEDULE 1
Planning Overlay :
-DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1
Advantages:
-Plans and permits for two townhouses
-Corner block

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

Explore the area

View in Google Maps

School catchments

Penders Grove Primary School Primary Prep-6 Government 0.53km
Thornbury High School Secondary 7-12 Government 0.88km
Preston South Primary School Primary Prep-6 Government 1.0km
Holy Spirit School Primary Prep-6 Catholic 1.1km
Northern College of the Arts and Technology Secondary 10-12 Government 1.4km
Virtual School Victoria Combined Prep-12 Government 1.4km
Parade College - Preston Campus Secondary Catholic 1.4km
Sacred Heart School Primary Prep-6 Catholic 1.4km
Wales Street Primary School Primary Prep-6 Government 1.4km
Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 1.4km
Preston High School Secondary 7-12 Government 1.5km
St Mary's School Primary Prep-6 Catholic 1.6km
St John's College Preston Combined Prep-12 Independent 1.7km
SEDA College (Victoria) - AFL- Preston Secondary Independent 1.9km
Thornbury Primary School Primary Prep-6 Government 2.0km
St Bernadette's School Primary Prep-6 Catholic 2.0km
Preston North East Primary School Primary Prep-6 Government 2.1km
Fitzroy Community School - Thornbury Campus Primary Independent 2.2km
Holy Name School Primary Prep-6 Catholic 2.3km
Charles La Trobe P-12 College-Olympic Village Primary Campus Combined Government 2.3km
East Preston Islamic College Combined Prep-12 Independent 2.4km
Santa Maria College Secondary 7-12 Catholic 2.6km
Ivanhoe Girls' Grammar School Combined Prep-12 Independent 3.1km
Reservoir High School-Heidelberg Secondary Teaching Unit Secondary Government 3.3km
Ivanhoe Grammar School Combined Prep-12 Independent 3.3km
Reservoir High School Secondary 7-12 Government 3.3km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.