$300,000

***SOLD BY ADRIANO PERSICHETTI - 0402 055 437***
On a prized corner allotment, with a rare 3 street frontages, located on the high point of Plenty Road with CBD Skyline views on the Preston/Reservoir border, sits this unique development opportunity or two perfect commercial investments. Surrounded by public transport, trendy cafes and eateries, Summerhill Shopping Centre, Northland Shopping Centre and only minutes to the famous Preston Market. The property is only 20-25 minutes from Melbourne CBD with access via car, bus, train and tram.

Separately titled, each being 6.1m x 36.6m, and with the potential of 3 separate leases (2 shops plus a 3 bedroom house) is perfect for an investor wanting to capitalise on substantial income now for future scope to develop, or a developer looking at their next multi-level project.

Major benefits include:
• Total Land Size: 446sqm (approx)
• 2 separate titles
• Commercial 1 Zone with DD017 Development overlay allowing at least 4 Storeys (STCA). Please contact Adriano to receive Darebin Council Planning Scheme Schedule 17 DDO.
• 3 potential separate tenancies - 2 x shops and 1 x 3 bedroom house
• 3 street frontages - Plenty Road, Kinkora Road and ROW laneway.
• On established shopping strip
• #86 Tram Stop and #566 Bus at your doorstep
• Summerhill Shopping Center 6 mins by Tram or 1.1kms and less than 15min walk
• Northland Shopping Center 2.5kms
• Preston Market 2kms
• Melbourne CBD 25mins

Instruction is that the property is to be sold by way of Auction - unless negotiated and sold prior. Vendor is open to offers prior to Auction.

With so many excellent attributes and strategic corner location the eventual development is sure to do well with consumers.

For further information including Information or personal meeting, please contact Adriano Persichetti on 0402 055 437 or [email protected].

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My Agent Real Estate, a boutique agency offering a high level of service and innovative Real Estate practices to our clients right across Melbourne. Contact Adriano on 0402 055 437, or visit our web site www.myagentre.com.au where you can see all our listings and apply for our properties on line.

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