Prime Corner Site with Endless Opportunities

This property boasts a generous 527sqm corner allotment, offering a multitude of possibilities. Currently leased out on a monthly basis at $420 per week, this 3-bedroom home with a spacious backyard provides a steady income stream. You have the flexibility to retain the existing home while developing the rear yard or embark on a redevelopment project (subject to council approval), making it an ideal investment opportunity with endless potential.

Conveniently located just moments away from a diverse range of amenities, including Bell Street, Northland Shopping Centre, entertainment centres, HLT Oulton Reserve, and the Plenty Road Tram, residents will enjoy easy access to everything Preston has to offer.

Featuring 3 large bedrooms, a spacious lounge, and a kitchen/meals area, this home is perfectly suited for immediate rental income, lease out while obtaining permits for development, or renovate and extend to create your dream home in the heart of it all.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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School catchments

Northern College of the Arts and Technology Secondary 10-12 Government 0.65km
Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 0.87km
Penders Grove Primary School Primary Prep-6 Government 1.2km
Thornbury High School Secondary 7-12 Government 1.3km
Preston South Primary School Primary Prep-6 Government 1.3km
Preston North East Primary School Primary Prep-6 Government 1.4km
Preston High School Secondary 7-12 Government 1.4km
Parade College - Preston Campus Secondary Catholic 1.5km
Sacred Heart School Primary Prep-6 Catholic 1.6km
East Preston Islamic College Combined Prep-12 Independent 1.7km
Holy Name School Primary Prep-6 Catholic 1.7km
Charles La Trobe P-12 College-Olympic Village Primary Campus Combined Government 1.8km
Holy Spirit School Primary Prep-6 Catholic 1.8km
SEDA College (Victoria) - AFL- Preston Secondary Independent 1.9km
Virtual School Victoria Combined Prep-12 Government 1.9km
Preston Primary School Primary Prep-6 Government 1.9km
St John's College Preston Combined Prep-12 Independent 2.0km
Wales Street Primary School Primary Prep-6 Government 2.1km
St Pius X School Primary Prep-6 Catholic 2.2km
St Mary's School Primary Prep-6 Catholic 2.2km
Reservoir High School-Heidelberg Secondary Teaching Unit Secondary Government 2.6km
Reservoir High School Secondary 7-12 Government 2.6km
Ivanhoe Girls' Grammar School Combined Prep-12 Independent 3.3km
Santa Maria College Secondary 7-12 Catholic 3.3km
Ivanhoe Grammar School Combined Prep-12 Independent 3.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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