5 Tennyson Avenue
Preston, VIC 3072

Overview

Substantial Landholding in a Premier Preston Pocket

Positioned in one of Preston's most tightly held and rapidly evolving pockets, 5 Tennyson Avenue offers a rare opportunity to acquire a substantial parcel of land with exceptional future potential. This well-maintained residence is set on a generous allotment significantly larger than many surrounding properties, providing immediate comfort and exciting possibilities for redevelopment, subdivision, or the creation of a multi-dwelling project, subject to council approval.

The home features a spacious and light-filled floorplan that includes three generous bedrooms, multiple living zones, and an open-plan kitchen and meals area designed for everyday functionality. The welcoming front lounge flows seamlessly into the dining and kitchen areas, with large windows throughout that allow an abundance of natural light to enhance the warm and inviting interiors.

The kitchen is well-appointed with ample bench space, breakfast bar seating, and excellent storage options, positioned perfectly 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 distinguishes this property. It includes a rear laneway, a large garage, additional off-street parking, a substantial storage area under the back verandah, and extensive open space. This block offers incredible flexibility for families, investors, and developers alike. Whether you choose to renovate, extend, lease out, or unlock the site's full redevelopment potential, the possibilities are extensive.

Located within easy reach of some of Preston's most sought-after lifestyle attractions, the home enjoys close proximity to the vibrant High Street precinct, known 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. Nearby Northland Shopping Centre provides further convenience for everyday essentials.

Families will appreciate access to quality local schools and 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.

Location