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:
• Land area: 330 sqm*
• Building area: 275 sqm*
• Flexible Commercial 1 Zoning (C1Z) for future development (STCA)
• 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
(STCA) Subject to council approval
^Due Diligence required

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