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20 Victoria Street,
Preston 3072, Victoria

2 bedrooms
1 bathroom
2 car spaces
House

Price withheld

Property Price Statement

Property details

Prime corner block on the Thornbury Fringe

Positioned on a highly sought-after corner allotment in one of Preston's most desirable pockets south of Bell Street, this is an outstanding opportunity to secure a premium landholding in a location that continues to experience strong buyer demand and long-term growth.

Whether you're dreaming of designing and building your forever home, creating a luxurious family residence or capitalising on the site's development potential (STCA), the possibilities here are as exciting as the location itself. With its valuable corner position offering outstanding flexibility for future plans, this is the type of opportunity that rarely becomes available in such an established inner-northern neighbourhood.

The existing residence comprises two bedrooms, a central bathroom, separate living area, functional kitchen and meals area, along with a detached study and shed. While the home remains on the site, the true appeal lies in the exceptional landholding and the exciting scope to create something truly special.

Location is undoubtedly one of this property's greatest assets. Enjoy the convenience of living just moments from Preston Market, High Street's renowned café and dining precinct, local shopping, quality primary and secondary schools, parklands and recreational facilities. Families will also appreciate the property's zoning for the highly regarded Thornbury High School, adding further long-term appeal. Public transport is easily accessible with Bell Station and Plenty Road trams nearby, while excellent road connections provide a straightforward commute to Melbourne's CBD.

Preston continues to be one of Melbourne's most tightly held and rapidly evolving suburbs, attracting families, professionals, developers and investors alike thanks to its vibrant lifestyle, outstanding amenity and consistent capital growth. Opportunities to secure a corner block in this blue-chip pocket are becoming increasingly scarce, making this an investment in both your future and one of the city's most desirable locations.

Whether you're looking to build your dream home, undertake a boutique development (STCA), expand your investment portfolio or secure a significant landholding in a premium location, this exceptional property presents endless possibilities.

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

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School catchments

  • Penders Grove Primary School Primary Prep-6 Government 0.34km
  • Preston South Primary School Primary Prep-6 Government 0.89km
  • Holy Spirit School Primary Prep-6 Catholic 1.0km
  • Wales Street Primary School Primary Prep-6 Government 1.3km
  • 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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