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For sale

63 Showers Street,
Preston 3072, Victoria

1,020m² land size
Land

$3,650,000 - $4,015,000

Property Price Statement

Property details

A Development Designed for Modern Living

Positioned at the prominent intersection of Showers Street and Stokes Street, Preston Panorama presents an exceptional opportunity to acquire a vacant development site with an existing planning permit for 44 apartments.

Situated within the prestigious Bell development precinct of Preston, this remarkable project offers the potential to deliver spacious, contemporary residences, including apartments featuring generous bedrooms and private outdoor spaces exceeding 100 sqm.

A Development Designed for Modern Living

The approved development features a substantial podium and an impressive rooftop lifestyle area with panoramic city views, creating an attractive blend of urban convenience and outdoor living.
Located in one of Preston's most sought-after growth precincts, the site is surrounded by established residential developments, with brand-new four-bedroom homes in the area reportedly achieving sales exceeding $1.7 million.

Unbeatable Location and Connectivity

Everything you need is within easy reach, including:
• Transport: Convenient access to nearby tram stops and public transport.
• Shopping and Dining: Close to the world-famous High Street, Preston Market, local shopping strips, vibrant cafés and restaurants.
• Lifestyle and Recreation: Nearby parks, gardens and open spaces.
• Everyday Convenience: Easy access to McDonald's, service stations and essential amenities.
• Education: Preston High School and a range of other educational institutions nearby.

An Opportunity Not to Be Missed

Combining a strategic location, an existing planning permit and the potential to deliver 44 contemporary apartments, Preston Panorama represents a compelling opportunity for developers, builders and property investors seeking their next landmark project.
With lifestyle amenities, transport connections and Preston's vibrant retail and dining scene all close by, this is a location where convenience meets long-term potential.
Preston Panorama - A prominent address. An approved vision. An exceptional development opportunity.

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.

Inspections

Explore the area

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School catchments

  • Bell Primary School Primary Prep-6 Government 0.36km
  • St John's College Preston Combined Prep-12 Independent 0.47km
  • Thornbury Primary School Primary Prep-6 Government 0.83km
  • Sacred Heart School Primary Prep-6 Catholic 0.87km
  • Preston South Primary School Primary Prep-6 Government 1.1km

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.

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.

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