Gross Waddell ICR is pleased to present 581 Plenty Road, Preston, for sale. This versatile and prominently located property offers a prime opportunity for the astute buyer, whether looking to occupy, invest, or develop in a desired Preston location.

The Commercial 1 zoning provides flexibility for future development (STCA), with excellent exposure on Plenty Road and rear access via a R.O.W. Currently generating short-term income, the property is leased to a tenant operating under a 9B permit, making it ideal for educational use (STCA).

Key Property Features:
• Flexible Commercial 1 Zoning (C1Z) for future development (STCA)
• Land area: 330 sqm*
• Building area: 275 sqm*
• Month to month tenancy
• 9B Permit^ in place
• Potential to occupy, invest, or further develop (STCA)
• 11m* frontage with high exposure to Plenty Road
• Could suit medical, office, showroom, or educational uses with the existing 9B Permit^
• Convenient access to public transport including trams at your doorstep
• Rear access via R.O.W.
• Potential to split into two separate tenancies, offering leasing or occupation flexibility (STCA)

Lease Details:
• Tenant: College of Skills & Knowledge Pty Ltd
• Lease Term: Month to month
• No further options available

*approx
^Due Diligence required
(STCA) Subject to council approval

The property is offered for sale via Expression of Interest (EOI) closing Wednesday 4th December at 3:00pm.

For more information or to schedule an inspection, please contact our exclusive sales and marketing agents at Gross Waddell ICR.

 For further information, or an inspection of the premises, please contact an agent.