Preston housing development site listed for sale
The 503 square metre site, zoned General Residential, has 14 metres street frontage
Jonathan ChancellorNovember 16, 2021
A 503 square metre Preston site, zoned General Residential, has been listed for sale.
Teska Carson has listed the property on behalf of the Royal Children’s Hospital.
The 82 St Georges Road property has a Californian Bungalow style residence in original condition.
According to marketing agent, Teska Carson agent George Takis, the sale provides buyers with enormous potential as a development opportunity (STCA), in one of Melbourne’s most popular inner suburbs.
The property will be auctioned December 11.
"General Residential zoning aims to encourage a diversity of housing types and housing growth, particularly in locations offering good access to services and transport," he noted.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.