376-380 Bell Street,
Preston, VIC 3072

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Map of 376-380 Bell Street

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Brilliant development opportunity with plans & permits

*Due to Melbourne's Stage 4 Restrictions, all Nelson Alexander team members are working from home. Please contact us via email or phone to speak about your options to view this property virtually. Thank you.*

EXPRESSIONS OF INTEREST CLOSE FRI 7 AUGUST AT 5PM (IF NOT SOLD PRIOR)

Brilliant development opportunity with plans & permits

This outstanding site (1231m2 approx) in the heart of Preston’s premier growth precinct, just 9kms from the CBD, is a unique investment opportunity. With approved plans and permits for 40 apartments, 2 shops and parking, the development is exceptionally well-located within easy walking distance to all public transport options, the Preston Market, High Street shopping and Melbourne Polytechnic. Featuring quality appointments, it comprises 29 2 bedroom and 11 1 bedroom apartments, some with CBD views.

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

03 9419 55...