6-34 High Street, Preston

SOLD

PERMIT APPROVED 18 LEVEL MIXED USE APARTMENT PROJECT

Cushman & Wakefield is excited to present 6-34 High Street, Preston an extremely rare opportunity to secure a large scale Permit approved Mixed Use development site located at the southern end of vibrant and eclectic Preston.

The key attributes of the property include:

• Total land area 3,029sqm*
• Permit approved Mixed Use 18 level project, including 174 apartments (12,383 NSA), retail (1,626 NLA), 198 basement carparks and a total GFA of 25,061 metres.
• Outstanding Inner North location only 7.6km from the CBD
• Rare Commercial 1 Zoned site, with dual street frontages, providing the ability to create an iconic development with scale
• Suitable for a developer to create a significant scale Residential Apartment or Build to Rent, Office, Hotel or Mixed Use project
• Flexibility to utilise existing planning permit and redevelop or reconfigure to suit
• Existing improvements provide an opportunity to lease or utilise as an existing Retail outlet / warehouse
• Desirably located in the southern end of Preston in the “golden triangle” adjacent to Thornbury and Northcote
• Walking distance to some of the best and most vibrant cafes, bars, food and beverage offerings in the Inner North
• Exceptional residential location with a median house price of $1.150m
• Strong demand for apartments and BTR product due to limited supply and population growth expected to resume with the impending opening of borders
• Uninterrupted views to Melbourne’s CBD skyline from level 6

For sale by Expressions of Interest closing Tuesday 16th November at 12 noon.

To arrange a private inspection please contact Cushman & Wakefield, the exclusive selling agent:

Lukas Byrns | 0412 791 126 | lukas.byrns@cushwake.com
Marcus Neill | 0452 405 782 | marcus.neill@cushwake.com