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Offmarket
This property is not currently for sale or rent on https://www.hudsonbond.com.au

Preston VIC 3072

FREEHOLD PRESTON SITE

Hudson Bond Commercial are pleased to present this opportunity to secure a substantial and prominent commercial premises on Bell Street, set on a significant 632sqm parcel of Commercial 1 zoned land.

Perfect for either a quality addition to your investment portfolio with strong development potential while also attracting owner occupiers and investors to take advantage of the existing premises.

Take advantage of this raw and scarce development opportunity for industrial, residential apartments, medical, office or retail with significant exposure and a prime location (STCA).

Features:

- Land: 632m2 (approx.)
- Building Area: 450m2 (approx.)
- Substantial Existing Building
- Vacant Possession
- Zone: Commercial 1
- Prime for Development
- Several Offices and Retail/Showroom Areas
- Multiple Staff Rooms and Amenities

Close access to public transport including Bell Station and only 8kms from Melbourne CBD.

With 46,000 vehicles that pass daily, an impressive median house price of $1,225,000 and median unit price of $630,000 combined with the successful surrounding apartment developments, this property has unlimited potential.

Please contact Hudson Bond Commercial for more information.