30-32 St Georges Road Preston VIC 3072

Major residential and mixed use development opportunity with current planning permit for a 7 level building comprising 169 apartments, 6 townhouses, convenience store, café, shops, offices and self storage facility. The site features three street frontages and over 120 metres of main road frontage to St Georges Road. This ideal location is less than 10 kilometres from Melbourne’s Central Business District and offers excellent access from St Georges Road, High Street, Bell Street and Plenty Road. Further enhancing this property is the existing very functional warehouses with multiple roller door access, rear yard and a potential total rental income of up to $350,000 per annum.