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Sold on 25 Aug 2017

30 Cramer Street Preston VIC 3072

  • Development / Land
  • 1,761 m²
  • Sold

Permit Approved Gateway Site | Prime Retail Precinct

  • High Profile Gateway Site
  • Approved ‘Hayball’ Designed Project
  • Prime Retail Precinct

Savills is delighted to offer for sale this magnificent development site situated in a highly sought after position just metres from the bustling High Street precinct. This property represents a fantastic opportunity to acquire a prime corner development site within the rapidly evolving and highly sought after suburb of Preston with a recently approved permit for a striking 9 level mixed-use development. The key attributes of this fantastic property include:

- A high profile corner site of 1,761sq m*
- Extensive frontages to Cramer Street & St Georges Road
- Flexible Priority Development Zone 2
- Approved permit for a 'Hayball' designed project comprising 95 apartments (with majority 2 bedroom apartments) plus retail
- All apartments will enjoy high levels of natural light due to the corner position
- Potential for stunning views, including CBD views from the upper levels
- An ideal location just behind the High Street retail precinct, featuring the Preston Market, Aldi, Woolworths, and more
- Easy access to Preston Train Station plus St Georges Road trams, providing direct CBD access
- Preston just 8km* from the CBD is currently undergoing a boom in apartment development and seeing rapidly rising sales rates
- A high quality, permit approved development opportunity designed by renowned architects

The opportunity to secure such a prime development site in one of Melbourne's growth suburbs and key retail locations is incredibly rare, especially when you consider the proximity to quality retail amenity, public transport, size of the site, successful surrounding developments and planning approval for a spectacular mixed use development.

For further information, please contact:
Clinton Baxter - 0413 569 888
Benson Zhou - 0458 488 888
Julian Heatherich - 0412 995 655

Clinton Baxter
Savills Melbourne
Clinton Baxter
Savills Melbourne
Benson Zhou
Savills Melbourne
Benson Zhou
Savills Melbourne

Property Highlights

Property ID2013743150
Date Sold25 Aug 2017
Floor AreaAsk Agent
Land Area1,761 m²
ParkingOn site parking available
Category
Last updated  15 Jun 2021
Map for 30 Cramer Street Preston VIC 3072
Map for 30 Cramer Street Preston VIC 307230 Cramer Street Preston VIC 3072
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Clinton Baxter
Savills Melbourne
Clinton Baxter
Savills Melbourne
Benson Zhou
Savills Melbourne
Benson Zhou
Savills Melbourne

Property Highlights

Property ID2013743150
Date Sold25 Aug 2017
Floor AreaAsk Agent
Land Area1,761 m²
ParkingOn site parking available
Category
Last updated  15 Jun 2021
Savills Melbourne
Level 29, South Tower, 80 Collins Street, Melbourne VIC 3000
Clinton Baxter
Savills Melbourne
Clinton Baxter
Savills Melbourne
Benson Zhou
Savills Melbourne
Benson Zhou
Savills Melbourne

Ask Clinton Baxter about this property

Clinton Baxter

Clinton Baxter

Savills Melbourne

Benson Zhou

Benson Zhou

Savills Melbourne

0413 *** ***
0413 569 888

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