56-58 Oakover Road & 1 Newman Street Preston VIC 3072

Development / Land
1,881 m²
Sold

SECURE INVESTMENT IN HIGH GROWTH LOCALE WITH DEVELOPMENT UPSIDE

Nelson Alexander Commercial are pleased to offer for Sale via Public Auction this prominent freehold set over 3 titles at 56-58 Oakover Road and 1 Newman Street Preston. This strategic land holding offers a significant investment/re-development opportunity within 10kms of the CBD in one of the fastest growing suburbs in Melbourne.

Flexible Mixed-Use Zoning provides future redevelopment potential (STPA)
Prominent Land size of 1881sqm (approx.)
Securely leased for approx. $100k +GST pa
Superb location opposite Newman Reserve, serviced by St Georges Road Tram
Set to benefit from numerous nearby multi-level residential developments.
Following significant recent growth in Northcote, Thornbury Preston is now considered the next major growth area in the inner north.

AUCTION ON SITE: 19TH September at 1PM.

For all property enquiries or to arrange an inspection outside of the above times, please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.

AUCTION

Auction date and time	19/09/2019 13:00
Auction location	56-58 Oakover Road & 1 Newman Street, Preston VIC

Nelson Alexander Commercial

187 Gertrude Street

Fitzroy, VIC 3065

Property Highlights

Date Sold	19 Sep 2019
Floor Area	1,331 m²
Land Area	1,881 m²
Parking	Ask Agent
Property ID	2015528652
Category	Development / Land Shop & Retail Showrooms / Bulky Goods
Last updated	2 Oct 2019

Map for 56-58 Oakover Road & 1 Newman Street Preston VIC 3072

Nearest transport* to 56-58 Oakover Road & 1 Newman Street Preston VIC 3072

Bus

Train

Tram

Ferry

Penola St/Bell St (Preston)	482 m
Erin St/Bell St (Preston)	506 m
Jessie St/Bell St (Preston)	517 m
St Georges Rd/Bell St (Preston)	520 m

*Within a 4km radius

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Nelson Alexander Commercial

187 Gertrude Street

Fitzroy, VIC 3065

Property Highlights

Date Sold	19 Sep 2019
Floor Area	1,331 m²
Land Area	1,881 m²
Parking	Ask Agent
Property ID	2015528652
Category	Development / Land Shop & Retail Showrooms / Bulky Goods
Last updated	2 Oct 2019

Co-Agents

Kristian Lunardi

Nelson Alexander Commercial

Call

0401 810 556

Damien Theisz

Nelson Alexander Commercial

Call

0448 319 171

More about 56-58 Oakover Road & 1 Newman Street Preston VIC 3072

56-58 Oakover Road & 1 Newman Street Preston VIC 3072 is categorized as Land & Development Property. It has a floor area of 1,331 m² and a land area of 1,881 m². The listing ID for this property is 2015528652.