A Value-Packed Buy With Planning Permit For Three Townhouses!

Cover yourself in glory and craft a future of riches with the astute purchase of this value-packed buy on the Preston fringe.

Boasting a planning permit for two three-bedroom townhouses and one two-bedroom townhouse on a fantastic 615.3sqm (approx.) block, you're a step closer to realising your development goals (STCA) within walking distance of bus services, the No.86 tram, the Darebin Creek Trail, Northland and Summerhill shopping centres and Preston North East Primary School.

An existing two-bedroom home with a light-filled lounge on entry, bright kitchen with a 600mm stainless steel upright cooker, original bathroom, separate laundry and a huge grassed backyard currently occupies the potential-rich block and can be leased out while awaiting relevant approvals from council.

It's a win-win!

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

Preston North East Primary School Primary Prep-6 Government 0.57km
East Preston Islamic College Combined Prep-12 Independent 0.58km
Reservoir High School Secondary 7-12 Government 0.78km
Reservoir High School-Heidelberg Secondary Teaching Unit Secondary Government 0.79km
Holy Name School Primary Prep-6 Catholic 1.2km
Reservoir East Primary School Primary Prep-6 Government 1.3km
Northern College of the Arts and Technology Secondary 10-12 Government 1.4km
Kingsbury Primary School Primary Prep-6 Government 1.5km
Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 1.6km
Our Lady of the Way School Primary Prep-6 Catholic 1.6km
Charles La Trobe P-12 College-Olympic Village Primary Campus Combined Government 1.6km
Preston Primary School Primary Prep-6 Government 1.9km
St Monica's College - St Stephen’s/Gaudete Campus Secondary Catholic 2.2km
St Stephen's School Primary Catholic 2.3km
St Pius X School Primary Prep-6 Catholic 2.4km
Charles La Trobe P-12 College Combined Prep-12 Government 2.4km
Charles La Trobe P-12 College-Deaf Facility Combined Government 2.5km
Ivanhoe Grammar School - University Campus Combined Independent 2.6km
Preston High School Secondary 7-12 Government 2.6km
St Gabriel's School Primary Prep-6 Catholic 2.7km
Parade College - Preston Campus Secondary Catholic 2.9km
SEDA College (Victoria) - AFL- Preston Secondary Independent 3.0km
Thornbury High School Secondary 7-12 Government 3.1km
St John's College Preston Combined Prep-12 Independent 3.4km

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.