Substantial Landholding in a Premier Preston Pocket

Positioned in one of Preston's most tightly held and rapidly evolving pockets, 5 Tennyson Avenue presents an exceptional opportunity to secure a substantial parcel of land with outstanding future potential. Set on a generous allotment that is significantly larger than many surrounding properties, this well-maintained residence offers immediate comfort alongside exciting scope for redevelopment, subdivision or the creation of a multi-dwelling project (STCA).

Behind its charming façade, the home reveals a spacious and light-filled floorplan comprising three generous bedrooms, multiple living zones and an open-plan kitchen and meals area designed for everyday functionality. A welcoming front lounge flows seamlessly through to the dining and kitchen domain, while large windows throughout allow an abundance of natural light to enhance the warm and inviting interiors.

The well-appointed kitchen offers ample bench space, breakfast bar seating and excellent storage, perfectly positioned to overlook the central living areas. Comfort is assured year-round with ducted underfloor heating throughout the entire home, complemented by split-system heating and cooling for added convenience.

Outside, the expansive landholding truly sets this property apart. With the rear laneway, a large garage, additional off-street parking, a large storage area under the back verandah, and substantial open space, the block provides incredible flexibility for families, investors and developers alike. Whether you choose to renovate, extend, lease out or unlock the site's full redevelopment potential (STCA), the possibilities here are extensive.

Perfectly positioned within easy reach of some of Preston's most sought-after lifestyle attractions, the home enjoys close proximity to the vibrant High Street precinct, renowned for its thriving café culture, boutique shopping, restaurants and entertainment options. The iconic Preston Market is just moments away, offering fresh produce, specialty retailers and a true community atmosphere, while nearby Northland Shopping Centre provides further convenience for everyday essentials.

Families will appreciate the access to quality local schooling options and nearby educational facilities, along with an abundance of parklands, sporting reserves and walking trails. Excellent public transport connectivity, including nearby train stations, tram routes and bus services, ensures an easy commute to Melbourne's CBD and surrounding suburbs. Combining lifestyle, convenience and long-term growth potential, this outstanding location further enhances the appeal of this rare Preston opportunity.

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

Preston Primary School Primary Prep-6 Government 0.31km
Preston High School Secondary 7-12 Government 0.91km
Holy Name School Primary Prep-6 Catholic 0.93km
Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 1.0km
SEDA College (Victoria) - AFL- Preston Secondary Independent 1.1km
Preston West Primary School Primary Prep-6 Government 1.3km
Parade College - Preston Campus Secondary Catholic 1.3km
Sacred Heart School Primary Prep-6 Catholic 1.4km
St Raphael's School Primary Prep-6 Catholic 1.4km
Preston South Primary School Primary Prep-6 Government 1.7km
Northern College of the Arts and Technology Secondary 10-12 Government 1.7km
St John's College Preston Combined Prep-12 Independent 1.7km
St Gabriel's School Primary Prep-6 Catholic 1.7km
Reservoir East Primary School Primary Prep-6 Government 1.8km
Preston North East Primary School Primary Prep-6 Government 1.8km
Reservoir West Primary School Primary Prep-6 Government 2.0km
Newlands Primary School Primary Prep-6 Government 2.1km
Reservoir High School-Heidelberg Secondary Teaching Unit Secondary Government 2.2km
SEDA College (Victoria) - J.E Moore Park Campus Secondary Independent 2.2km
Reservoir High School Secondary 7-12 Government 2.2km
East Preston Islamic College Combined Prep-12 Independent 2.3km
Bell Primary School Primary Prep-6 Government 2.3km
St Monica's College - St Stephen’s/Gaudete Campus Secondary Catholic 2.5km
Bindjiroo Yaluk Community School-The Island Campus Secondary Government 3.0km
Thornbury High School Secondary 7-12 Government 3.0km
Charles La Trobe P-12 College-Olympic Village Primary Campus Combined Government 3.0km
Antonine College - Cedar Campus Combined Catholic 3.1km

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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