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Unmatched Development Opportunity in the Thriving Heart of Preston
An offering of this calibre is rarely seen-strategically positioned, highly versatile, and brimming with untapped potential. This exceptional corner allotment, spanning approximately 764 square metres, is primed for a range of high-yield development outcomes (Subject to Council Approval).
Whether you’re a seasoned developer, a savvy investor, or an ambitious buyer with a bold vision, this site presents the ideal canvas to bring your next project to life.
Key Highlights:
• Rare Mixed-Use Zoning
Unlocks a broad spectrum of development possibilities-residential, commercial, or a combination of both (S.T.C.A.)
• Strategic Corner Allotment
Maximizes exposure, access, and design flexibility-ideal for high-impact developments
• Generous Land Holding
Approx. 760sqm of flat, usable land-ready for large-scale or multi-use projects
• Petrol Station Potential (S.T.C.A.)
The site’s visibility and access make it a strong candidate for fuel and service-based infrastructure
• Contaminated Soil Testing & Disposal Certification Completed
Site has already undergone certified contaminated soil testing and disposal-streamlining the planning process for petrol station or similar developments and ensuring compliance with environmental standards
• Unbeatable Location
Situated in the dynamic and fast-growing suburb of Preston, within close proximity to:
o Public transport (bus, tram, and train services)
o Vibrant shopping precincts and dining hubs
o Parklands and recreational facilities
o Highly regarded local schools and amenities
• Due Diligence Ready
Comes with a comprehensive soil test report to accelerate planning and reduce preliminary costs
This is more than just land-it’s a gateway to opportunity in one of Melbourne’s most vibrant growth corridors. Whether you’re considering a residential complex, retail strip, office suites, or a service station, the flexible zoning and outstanding location provide the perfect foundation for success.
