Opportunity Around Every Corner!

Dare to dream of what you are able to create on this first-class development site, positioned on the fringe of Reservoir's highly sought after Oakhill Estate of Preston/Reservoir. Less than 12kms from Melbourne's CBD and enjoying swift and convenient access to public transportation, Broadway and Edwardes Street shops and cafes, Plenty Road eateries, Northland Shopping centre, Latrobe University, local parklands and a number of primary schools in the surrounding area, your brand new creation will stand to benefit from the superior level of convenience this outstanding location delivers.

On offer, currently occupying a highly desirable and not often attainable, corner allotment of 532.2sqm, this original home can be leased out for approximately $1,800 per calendar month, whilst you wait for your plans and permits to be approved by the council. Concept plans for 3 large 3 bedroom townhouses approximately 14squares each STCA.

A fantastic opportunity for the astute developer, builder, investor or even the home buyer looking to buy into a premier part of Preston/Reservoir.

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

School catchments

Holy Name School Primary Prep-6 Catholic 0.24km
Preston North East Primary School Primary Prep-6 Government 0.84km
Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 0.92km
Preston Primary School Primary Prep-6 Government 0.96km
Reservoir East Primary School Primary Prep-6 Government 1.0km
Reservoir High School-Heidelberg Secondary Teaching Unit Secondary Government 1.1km
Reservoir High School Secondary 7-12 Government 1.1km
Northern College of the Arts and Technology Secondary 10-12 Government 1.2km
East Preston Islamic College Combined Prep-12 Independent 1.2km
Preston High School Secondary 7-12 Government 1.8km
St Gabriel's School Primary Prep-6 Catholic 2.0km
St Monica's College - St Stephen’s/Gaudete Campus Secondary Catholic 2.0km
St Stephen's School Primary Catholic 2.1km
Our Lady of the Way School Primary Prep-6 Catholic 2.1km
Kingsbury Primary School Primary Prep-6 Government 2.1km
SEDA College (Victoria) - AFL- Preston Secondary Independent 2.1km
Parade College - Preston Campus Secondary Catholic 2.1km
Charles La Trobe P-12 College-Olympic Village Primary Campus Combined Government 2.2km
Sacred Heart School Primary Prep-6 Catholic 2.3km
Preston South Primary School Primary Prep-6 Government 2.3km
Preston West Primary School Primary Prep-6 Government 2.4km
Reservoir Primary School Primary Prep-6 Government 2.4km
St John's College Preston Combined Prep-12 Independent 2.6km
SEDA College (Victoria) - J.E Moore Park Campus Secondary Independent 2.8km
Thornbury High School Secondary 7-12 Government 3.0km
Charles La Trobe P-12 College Combined Prep-12 Government 3.4km
Charles La Trobe P-12 College-Deaf Facility Combined Government 3.4km

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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