EOI Closing 15 Oct |Prominent Retail & Office & Development

High Exposure Location - Invest, Occupy Or Develop (STCA)

Ray White Bundoora is proud to present this rarely offered opportunity in the heart of Preston, now available for sale!

This city-fringe retail offering is positioned within a premier commercial precinct and presents an exceptional opportunity for further redevelopment (STCA).

Set within the highly sought-after Preston market precinct, this prominent freehold property offers a rare and flexible opportunity for developers, owner-occupiers and astute investors alike.

Key Features include:

- Total Land Area: 560 sqm

- Total floor area: 1,100 sqm approx.

- Priority Development Zone - Schedule 2 (PDZ2)

- Prominent High Street frontage, Rear Entry From Laneway

- Occupy, Invest or Develop (STCA)

- Moments from Preston Market and Preston Railway Station

- Approximately 8km* from Melbourne CBD

For sale via Expressions of Interest closing Thursday 15th October 2026 at 4PM.

For further information, please contact the exclusive selling agents:

Gin Wu 0481 812 802

Andrew Mizzi 0410 304 000

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.

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School catchments

Parade College - Preston Campus Secondary Catholic 0.26km
SEDA College (Victoria) - AFL- Preston Secondary Independent 0.26km
Preston High School Secondary 7-12 Government 0.26km
Sacred Heart School Primary Prep-6 Catholic 0.33km
St John's College Preston Combined Prep-12 Independent 0.61km
Preston South Primary School Primary Prep-6 Government 0.75km
Preston West Primary School Primary Prep-6 Government 0.87km
St Raphael's School Primary Prep-6 Catholic 1.3km
Bell Primary School Primary Prep-6 Government 1.3km
Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 1.4km
Preston Primary School Primary Prep-6 Government 1.4km
Thornbury Primary School Primary Prep-6 Government 1.6km
St Mary's School Primary Prep-6 Catholic 1.7km
Penders Grove Primary School Primary Prep-6 Government 1.7km
Holy Name School Primary Prep-6 Catholic 1.8km
Northern College of the Arts and Technology Secondary 10-12 Government 1.9km
Fitzroy Community School - Thornbury Campus Primary Independent 2.0km
Newlands Primary School Primary Prep-6 Government 2.1km
Wales Street Primary School Primary Prep-6 Government 2.2km
Antonine College - Cedar Campus Combined Catholic 2.3km
Bindjiroo Yaluk Community School-The Island Campus Secondary Government 2.4km
Thornbury High School Secondary 7-12 Government 2.5km
Sydney Road Community School-Coburg Teaching Unit Secondary Government 2.5km
Coburg High School Secondary 7-12 Government 2.7km
East Preston Islamic College Combined Prep-12 Independent 2.9km
SEDA College (Victoria) - J.E Moore Park Campus Secondary Independent 2.9km
Virtual School Victoria Combined Prep-12 Government 3.0km
Reservoir High School-Heidelberg Secondary Teaching Unit Secondary Government 3.1km

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.

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