1 Oakover Road (Cnr High Street) Preston VIC 3072

CBRE Melbourne Metropolitan Sales is pleased to present for sale a multi-level freeholding building with ample on-site car parking + future development scope within Preston's most successful apartment precinct.

Spanning 2,845sqm* with frontages to High Street & Oakover Road, this is a dynamic opportunity with ultimate flexibility to occupy, land bank or investment.

Number 1 Oakover Road, Preston (Cnr High Street) can be summarised by the following key attributes:

+ 2,845sqm* Commercial 1 Zone landholding with frontages to Oakover Road & High Street

+ Established two (2) level freehold building with front and rear on-site car parking returning $136,400p.a.

+ High density development scope located within the most successful apartment precinct in Melbourne (Build to Sell & Build to Rent)

+ A strong median house price suburb of $1,161,750* (REIV)

+ Ability to achieve premium CBD views & potential views aspect to Henderson Park

+ Situated on the doorstep of 'High Street' voted the World's Coolest Street by Timeout

+ Walking distance to High Street & Plenty Road featuring an abundance of cafés, restaurants, bars, funky retail and the pinnacle of casual lifestyle

+ Positioned within Preston's activity centre, only 500m* to Bell Train station, 550m* to Thornbury Train Station, 100m* to Woolworths & Aldi supermarkets and Preston South Shopping Centre. 1km* to Preston Market and 1.9km* to Northcote Plaza Shopping Centre

1 Oakover Road, Preston is For Sale via Public Expressions of Interest Campaign Closing Thursday 23rd May at 2:00pm (AEST)

For further information please contact the exclusive sales and marketing agents at CBRE:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

David Minty
+61 422 564 199
david.minty@cbre.com.au

CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()

*Denotes Approx.