657 High Street,
Preston, VIC 3072

Shops & Retail • Offices • Development Sites & Land

Key property information

Land area

Floor area

Car spaces

Parking info

Tenure type

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Map of 657 High Street

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HIGH ON POTENTIAL - OCCUPY, INVEST OR DEVELOP (STCA)

TOTAL LAND AREA: 220 SQM*
HUGE DEVELOPMENT UPSIDE (STCA)
SHORT TERM HOLDING INCOME

Allard Shelton is pleased to present for sale by Private Sale, this strategic value-add opportunity located on the iconic High Street, Preston.

The property represents a unique, re-positioning/development opportunity with its close proximity to the Preston Activity Centre and Melbourne's CBD.

Key Benefits include:

* Total land area: 220 sqm*
* Total building area: 75 sqm* plus 2 on-site car spaces
* Unique opportunity to occupy, invest or develop (STCA)
* Prime, corner allotment
* Excellent exposure to prime retail strip
* Excellent access to major arterial roads & CBD
* Priority Development Zone - Schedule 2

FOR AN IMMEDIATE INSPECTION CALL US TODAY!

*Approx

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

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Most households