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.
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