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CRS Property - Melbourne

386-392 Bell Street Preston, VIC 3072

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386-392 Bell Street,
Preston, VIC 3072

Development Sites & Land • Shops & Retail • Offices

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CRS Property - Melbourne
Lou Montalti
Ross Mercorillo

CRS Property - Melbourne

Level 4, 256 Queen Street
MELBOURNE, VIC 3000
CRS Property - Melbourne
386-392 Bell Street
Preston, VIC 3072

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PRIME CORNER DEVELOPMENT SITE

CRS Property is excited to offer this high-quality permit-approved residential site within sought-after northern suburb of Preston

This prestigious corner landholding with planning approval for 39 apartments over 5 levels together with 2 ground level shops and basement carparking.

The property comprises:
* Prime Corner site of 1,047m2
* 3 Street frontages including ROW
* Permit approved for 39 apartments
* Ideal mix of 1, 2 & 3 bedroom apartments
* Priority Development Zone
* Immediate and easy access to public transport with Bell Station located a short 250 metres walk from the property
* Only 8km's from Melbourne CBD
* Improved accessibility as a result of the planned Bell Street level crossing removal project.
* Bell street 46,000 vehicles passing daily
* Offered with vacant possession
* This rare development opportunity is surrounded by a wide array of premium retail and lifestyle amenities and the Preston Market
* Sought after and tightly held Northern location
* Booming Northern suburb location with strong medium house prices of $1,200,000 or medium unit price of $610,000
* Surrounded by numerous successful development projects reflecting strong demand for apartment living

For more information contact
Lou Montalti on 0488 553 4... or Ross Mercorillo 0418 227 3...

Property ID: 503922094Last Updated: 2 Jan 2022

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