Sold
House for Sale

284-286 Plenty Rd

Preston SOLD for $1,963,000
1 Beds 2 Baths 20 Cars 567 m2

Potential Passive Income Or Development Opportunity!

1 Beds 2 Baths 20 Cars 567 m2

Secure a prime property on four titles, boasting immense potential for development and returns!



_Key Features:_

-available long settlement

- Prime location on Plenty Road, Preston

- Four titles, offering flexibility for development

- High-density zoning, perfect for apartments, townhouses, or mixed-use development

- Potential rent return of $300,000 per annum

- Close proximity to public transport, shops, and amenities

Perfect for medical centre child care centre or separate tenants with plenty underground parking.



_Development Potential:_

- Explore options for apartments, townhouses, or mixed-use development (STCA)

- Unlock potential for significant returns on investment

- Perfect for developers, investors, and builders seeking a lucrative project



_Property Details:_

- Land area: 567sq

- building size 40sq

-zoning commercial 1

- Four titles on one block 

- Potential rent return: $300,000 per annum



The area:



Close to Preston Market & Northland shopping Centre. Preston Train Station, Tram & bus hub

Surrounded by parks, reserves & schools

And only 8km from the CBD with easy City Link, Ring Road & airport access.



The terms :

5% 10%

Settlement 30/60/90 negotiable.

Address 284-286 Plenty Rd, Preston
Price SOLD for $1,963,000
Property Type Residential
Property ID 140
Category House
Land Area 567 m2

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