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28 Murphy Grove,
Preston 3072, Victoria

2 bedrooms
1 bathroom
1 car space
House

$1,200,000

Property Price Statement

Property details

Rare Preston Double Play: Character Home and Permits for 3 Townhouses

Whether you're looking to renovate a classic, land-bank for the future, or break ground immediately on a high-end development, 28 Murphy Grove is the "unicorn" you've been searching for. This property offers the best of both worlds: a charming, liveable weatherboard home and endorsed plans and permits for three stunning, architecturally designed townhouses.

The Project: Shovel-Ready Excellence
Skip the years of planning stress. The hard work has been done, with endorsed plans ready for a sophisticated triple-townhouse development:
• Modern Architectural Design: Striking vertical cladding and elegant pitched roofs ensure these residences will be the talk of the street.
• Seamless Living: Each home is designed with an emphasis on light, featuring floor-to-ceiling glass and seamless transitions to private outdoor zones.
• Smart Site Utilisation: The layout maximises the deep allotment, providing privacy and generous landscaped courtyards for every residence.

The Residence: Classic Charm & Immediate Comfort
While you finalise your builders, enjoy a highly rentable or liveable character home filled with period details:
• Period Features: Polished timber floorboards, high ceilings, and ornate ceiling roses throughout.
• Flexible Floor Plan: Features two large bedrooms-a master (4.0m x 3.6m) and a second bedroom (3.3m x 3.1m)-both offering ample space.
• Spacious Living: A bright living room (3.6m x 4.2m) with split-system AC, plus a separate formal dining room (3.6m x 3.8m) with a wall heater.
• Large Kitchen/Meals: A functional space (4.3m x 4.1m) equipped with a dishwasher and oven.
• Massive Backyard: Includes an entertaining deck and a standalone single garage/workshop (3.3m x 6.5m).

The Location: Heart of Preston

Positioned in one of the North's most consistent growth corridors, you are moments from vibrant cafes, local schools, and extensive parklands. Excellent public transport links provide a direct and easy commute to the CBD.

This is a rare opportunity to secure a "triple-threat" development site in a premium pocket. Build the dream or hold for the future-the choice is yours.
For a full information pack, including endorsed plans and permits, contact us today.

Since the permits are already endorsed, are you planning on starting the build yourself, or are you more interested in the land-banking potential of the existing house?

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.

Due diligence checklist for home and residential property buyers.


Explore the area


School catchments

  • Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 0.19km
  • Holy Name School Primary Prep-6 Catholic 0.77km
  • Preston Primary School Primary Prep-6 Government 0.89km
  • Preston North East Primary School Primary Prep-6 Government 1.2km
  • Sacred Heart School Primary Prep-6 Catholic 1.4km

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.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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