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657 High Street, Preston, VIC, 3072

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657 High Street, Preston, VIC, 3072

Properties / Buy / Victoria / Preston
Development Approved

1. Property Summary

Property Type
Commercial
Sub Type
Land Site
Zoning
Priority Development Schedule 2
Selling Method
For Sale: $1,150,000 - $1,250,000
Show All

2. Property Highlights

BREAKING NEWS! NEW HEIGHT LIMIT – OUTSTANDING DEVELOPMENT SITE.
  1. Located within the newly proposed Preston Central Major Activity Centre (Preston Central Structure Plan 2023)
  2. Up to 6 storeys (21 meters)
  3. Increase of approx. 50% GFA compared to current planning controls
  4. Pro-development strategy, unpinned by State Government
  5. Suitable use Retail, Office, Build-to-Rent (residential) or Mixed-Use (STPA)
  6. Learn more here: https://vpa.vic.gov.au/project/preston-high-street/


Currently permitted as a three-storey commercial building, suitable for office, retail and hospitality


Keep the same permit or apply for an amendment for up to 21m (6 storey) under the newly approved planning controls (STCA).


FOR SALE

Read More
Development Approved

1. Property Summary

Property Type
Commercial
Sub-type
Land Site
Priority Development Schedule 2
Selling method
For Sale: $1,150,000 - $1,250,000

2. Property Highlights

BREAKING NEWS! NEW HEIGHT LIMIT – OUTSTANDING DEVELOPMENT SITE.
  1. Located within the newly proposed Preston Central Major Activity Centre (Preston Central Structure Plan 2023)
  2. Up to 6 storeys (21 meters)
  3. Increase of approx. 50% GFA compared to current planning controls
  4. Pro-development strategy, unpinned by State Government
  5. Suitable use Retail, Office, Build-to-Rent (residential) or Mixed-Use (STPA)
  6. Learn more here: https://vpa.vic.gov.au/project/preston-high-street/


Currently permitted as a three-storey commercial building, suitable for office, retail and hospitality


Keep the same permit or apply for an amendment for up to 21m (6 storey) under the newly approved planning controls (STCA).


FOR SALE

Read More
Development Approved

3. Property Location

657 High Street, Preston, VIC, 3072

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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657 High Street, Preston, VIC, 3072 Preston
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