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Savills - Melbourne

16-18 Railway Place Preston, VIC 3072

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16-18 Railway Place,
Preston, VIC 3072

Development Sites & Land

Price information

Sold

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Key property information

Land area

Property extent

Tenure type

Sold on

Savills - Melbourne
Benson Zhou
Julian Heatherich

Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
Savills - Melbourne
16-18 Railway Place
Preston, VIC 3072

Map of 16-18 Railway Place

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High Profile Corner Development Opportunity

  • Large Corner Site
  • Proven Apartment Location
  • Significant Height Precedent
Savills is delighted to offer for sale this high profile corner landholding, situated within Melbourne’s thriving inner northern corridor at 16-18 Railway Place, Preston. The site is enhanced by its proximity to surrounding retail and lifestyle amenity, as well as numerous public transport options allowing for easy access to the Melbourne CBD. The key attributes of this fantastic property include:

The key attributes of the property include:
- Large corner landholding of 1,349sq m*
- Triple fronted site providing ultimate design flexibility and ease of access
- Favourable Mixed Use Zoning / DDO3 providing potential for 6-level height development
- An active and proven apartment location with recently completed adjoining project
- Ideally positioned just 150m* from the High Street retail precinct, within direct proximity to the Preston South Shopping Centre (Woolworths, Aldi + more)
- Close to Bell/Thornbury Train Stations, and serviced by High Street/ St Georges Road trams
- A short drive to RMIT Brunswick and La Trobe Bundoora Universities

Rarely does such a prominent corner landholding with significant development potential come to market, especially when you consider the unrivalled popularity of Melbourne’s inner north which is one of Melbourne’s most active apartment locations. Accordingly, we urge potential purchasers to actively consider this superb development opportunity.

16-18 Railway Place, Preston is SOLD.

Benson Zhou - 0458 488 8...
Julian Heatherich - 0412 995 6...

*Approx.

Property ID: 503013990Last Updated: 15 Jun 2021

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Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

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