Knight Frank is pleased to offer this permit approved development opportunity located within the inner suburb of Preston, directly adjoining parkland.
Situated with the Oakover Village Development Plan allowing 6 level development (STCA), the property offers tremendous scope to take advantage of this recently increased height limit and design a boutique residential development.
Property features include:
- Land area: 473sqm approx - Zoned: Mixed Use - Potential for 6 levels (STCA) - Walking distance to both Thornbury and Bell train stations as well as tram and bus networks - Neighbouring the sought after suburbs of Northcote, Brunswick East and Thornbury - Close to retail amenity, recreational / parklands and schools - Directly adjoining Ray Bramham Gardens - Approximately 10km from Melbournes CBD - Ideal apartment / townhouse redevelopment opportunity (STCA)
For further information please contact Andrew or Tim
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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