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400 Plenty Road, Preston VIC 3072

Private Sale $925,000

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$925k - $971k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 581 m²

Listed: 21 days ago

Updated: 2 days ago

Overview

Set on a generous 581 square metre allotment in Preston, this original brick veneer home offers an excellent opportunity for those seeking to renovate, redevelop (subject to council approval), or create a first home in a well-connected locale.

The property features three bedrooms and a traditional formal lounge, complemented by a sizable second living area ideal for family gatherings or informal entertaining. The kitchen overlooks the rear yard, fostering a seamless connection between indoor and outdoor spaces.

Though currently in original condition, the home presents a blank canvas for those looking to infuse their personal style and modern conveniences. Its substantially sized block also opens possibilities for subdivision or redevelopment, subject to local council approval.

Conveniently positioned with close proximity to Plenty Road tram services, Preston Market, Northland Shopping Centre, and a diverse range of cafés and restaurants, the location provides access to vibrant local amenities. Educational institutions including Preston High School and Preston South Primary School are within easy reach, enhancing the appeal for families.

This property is a compelling prospect for renovators, developers, or first home buyers looking to invest in one of Preston's established neighborhoods with significant potential.

Local Market Insights

In Preston, Quiet Listings observed 27 new houses entering the market over the last 30 days, up from 24 during the previous 30-day period, with an average advertised asking price of $1,224,815. The property type mix of listed properties is predominantly Houses at 44%, followed by townhouses (23%), and apartments (16%). The most active agency for houses in the Preston area is currently Nelson Alexander, representing 37% of new listings, followed by Ray White with 19%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.