318, 320 & 322 High Street, Preston VIC


Two Preston Priority Development properties in the centre of Preston with a total 541m2 (approx.) on the corner of High Street and Preston Street offering superb opportunity to re-develop (STCA), or continue leasing, or use for your own business. Presents endless upside for the astute buyer/investor.

Three separate shops on two titles (362m2 and 179m2 approx.), one with two bedroom dwelling behind. Prime corner position with an astounding 48.5m (approx.) of street frontage and rear laneway Right of Way in the center of busy Preston offers an excellent opportunity for re-development (STCA) given the zoning being Priority Development Zone and Priority Development Zone Schedule 2.

Key Points:

• Total 541m2 (approx.) on two titles
• Total 48.5m (approx.) street frontage
• Rear laneway Right of Way
• Part of the Preston Priority Development
• Priority Development Zone (PDZ) & Priority Development Zone Schedule 2 (PDZ2)
• Corner location with strong exposure to High Street
• Sought after location, limited supply

Rarely does an opportunity like this arise for a superb corner re-development (STCA) opportunity in central Preston. Sough after location with limited supply being just across the road from the Preston Markets, in a tightly held area offering incredible potential.

Contact Brenda Ngan on 0435152545 at Create Real Estate for further information and to arrange inspection.