176-180 High Street,
Preston, VIC 3072
Development Sites & Land • Shops & Retail
Detailed listing
Key property information
Land area
Floor area
Property extent
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Sold on
Map of 176-180 High Street
Permit approved for 73 apartments plus retail
Knight Frank in conjunction with Jellis Craig are delighted to offer 176-180 High Street, Preston for sale via Mortgagee Auction, to be held on-site on Thursday 16th August at 12noon.
Prominently positioned on the corner of High and Bell Streets, this landmark site features planning approval for a stunning architect designed 8 level mixed use development superbly located with every amenity one could want within close proximity and only 7.5kms* from Melbourne’s CBD.
Located in a proven apartment market, this outstanding redevelopment opportunity features the following:
- Corner landholding of 1460sqm* featuring dual frontage totalling 77m*
- Approved for 73 apartments plus 3 retail (comprising 6 x 3 bed, 43 x 2 bed and 24 x 1 bed apartments)
- Potential CBD views from proposed development
- Quality 2 level existing improvement featuring office and showroom accommodation with on-grade car parking
- Convenient location close to all transport options and the strip retail precincts of Northcote, Thornbury and Preston
- Walking distance to Preston Market, educational facilities, parklands, bike paths and more
- Located within a thriving inner city suburb with a median house price of $1,010,000 and unit price of $600,000 (Source: REIV)
Prominently positioned on the corner of High and Bell Streets, this landmark site features planning approval for a stunning architect designed 8 level mixed use development superbly located with every amenity one could want within close proximity and only 7.5kms* from Melbourne’s CBD.
Located in a proven apartment market, this outstanding redevelopment opportunity features the following:
- Corner landholding of 1460sqm* featuring dual frontage totalling 77m*
- Approved for 73 apartments plus 3 retail (comprising 6 x 3 bed, 43 x 2 bed and 24 x 1 bed apartments)
- Potential CBD views from proposed development
- Quality 2 level existing improvement featuring office and showroom accommodation with on-grade car parking
- Convenient location close to all transport options and the strip retail precincts of Northcote, Thornbury and Preston
- Walking distance to Preston Market, educational facilities, parklands, bike paths and more
- Located within a thriving inner city suburb with a median house price of $1,010,000 and unit price of $600,000 (Source: REIV)
Preston, 3072 demographic data
The median household income for Preston is $1,844, 3% lower than Greater Melbourne's household income of $1,901. Preston has a similar age profile compared to the rest of Greater Melbourne (median age 37). Property ownership data shows 51% of property owners in Preston have a mortgage.
33,790
Population
$1,844 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
176-180 High Street
Preston, VIC 3072
Detailed listing
Knight Frank - Eastern OfficeLevel 3 10 Nexus Court
MULGRAVE, VIC 3170
MULGRAVE, VIC 3170
Jellis Craig & Company Pty Ltd - HAWTHORNBalwyn 3103 Glen Iris 3146
HAWTHORN, VIC 3122
HAWTHORN, VIC 3122
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