Positioned in Central-West Preston and south of Bell Street, this original two-bedroom home presents an exceptional opportunity for renovators, builders, or developers looking to capitalise on location, land, and zoning flexibility. Set on an allotment of approximately 334sqm and accessed via rear right-of-way to a single lock-up garage, the property offers outstanding potential for a full renovation or knockdown rebuild (STCA).
The existing dwelling comprises two bedrooms, one bathroom, and basic living spaces, providing a blank canvas for those with vision. While the home requires a complete renovation, the true value lies in the land and its advantageous Darebin Housing Choice and Transport Zone designation. This zoning encourages diverse housing outcomes and increased density close to public transport and key activity centres, offering exciting scope for a contemporary townhouse or multi-dwelling development, subject to council approval.
Enjoy unbeatable convenience just moments from the vibrant High Street café and shopping strip, Preston Market, and Northland Shopping Centre. Excellent public transport options are close by, including tram services, Preston Train Station, and multiple bus routes along Bell Street, ensuring easy access to the CBD and surrounding suburbs. Nearby parks, schools, and local amenities further enhance the lifestyle appeal.
Whether you're looking to restore, rebuild, or redevelop, this is a rare opportunity to secure a well-located parcel of land in one of Preston's most in-demand growth pockets.
Opportunities like this are increasingly rare-inspect and explore the potential today.
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