Ray White Projects proudly presents 113 St Georges Road, Preston.
Why buy just the one allotment when you can buy two side-by-side properties boasting a total land size of 1,014sqm (approx.) in a prominent Preston location! Add to this the fact it's a Residential Growth Zone - Schedule 1 and this is surely an opportunity not to be missed!
Astute buyers therefore have an outstanding opportunity to capitalise on the property's coveted RGZ1 zoning and develop on a grand scale (STCA) with a wide 24.8 metre frontage.
Once built, your brand new contribution to Preston's ever-changing streetscape will stand within 9km (approx.) of Melbourne's CBD yet even closer to Preston Train Station and Preston Market (both literally across the road!), Woolworths, Aldi, as well as an abundance of Restaurants and parklands.
Additionally the two homes on the blocks are a great asset while you wait for your permits, 1 currently leased while the other is easily lettable in its current condition.
The chance to secure such a dream development opportunity is far and few between, so be quick to claim this rare piece of real estate with a 6 month settlement available.
