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SOLD

64-66 Albert Street Preston, VIC 3072

Properties / Sold / Victoria / Preston

Development Potential

1. Property Summary

Property Type

Residential, Mixed Use

Land Area

2,044

Selling Method

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2. Property Highlights

Occupy or Invest Today, Develop Tomorrow

Valuable landholding: 2,044 sqm approx
Expansive frontage: 33 metres approx
Two quality showroom/warehouses

> Premier landbank opportunity

> Valuable landholding of 2,044 sqm approx with genuine development upside

> Expansive frontage: 33 metres approx to Albert Street

> Strategically-positioned in Northland Urban Renewal Precinct

> Potential development outcomes include high density residential/commercial project (STPA)

> Two quality showroom/warehouses

> Combined building area: 1,350 sqm approx.

> Vacant possession

The subject property is ideally located on the eastern side of Albert Street, between Bell & Eton Streets, approximately 10 kms north of the CBD.

64-66 Albert Street is located in the Northland Urban Renewal Precinct, where the City of Darebin is progressing strategic planning in support of a rezoning of the area.

The subject property is surrounded by high profile occupants including Bank of Melbourne, Nick Scali, Total Tools, Rays Outdoors, Officeworks, Amart and Harvey Norman. It is also minutes to Northland Shopping Centre.

64-66 Albert Street is in proximity to major arterials including Bell Street, Plenty Road, Grange Road, High Street and the Eastern Freeway.