FOR SALE
$2,100,000 - $2,300,000

25 Young Street
Preston VIC 3072

Bedrooms: 5
Bathrooms: 3
Car spaces: 6
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A Unique Blend- Two Homes on One Lot!

From the street, this charming 1920s home with off-street parking for two cars appears to be a typical period residence. However, once you step inside, you'll realize it's truly exceptional. The original three-bedroom layout has been meticulously renovated to the highest standards, featuring a master suite with a luxurious marble ensuite and walk-in robe, along with a second marble bathroom.
The home boasts two inviting living areas and a well-equipped kitchen and dining space, all overlooking a solar and gas-heated pool and spa. Bifold doors seamlessly connect the indoor space to an impressive outdoor kitchen, complete with a built-in BBQ and wood-fired pizza oven.
At the rear, you'll find a spacious four-car garage with convenient rear access via a large laneway. Above the garage, there's a completely separate two-bedroom apartment, featuring a kitchen with ample storage, a marble bathroom, a European laundry, and a generous living area with a wood-burning heater-perfect for guests, adult children, or as a rental opportunity that could generate $2,000 per month.
Additionally, this property includes a 6m x 6m underground cellar equipped with a full commercial kitchen. Other highlights include a 17.5kW split system air conditioner and a 5kW solar system.
Situated adjacent to four tennis courts and TA Cochrane Reserve, and just three doors down from Preston South Primary School, this remarkable home must be seen to be fully appreciated.
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Property Details for 25 Young St, Preston

25 Young St, Preston is a 5 bedroom, 3 bathroom House with 6 parking spaces. The place is currently for sale with Biggin & Scott Inner North .

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About Preston 3072

The size of Preston is approximately 11.5 square kilometres. It has 30 parks covering nearly 4.7% of total area. The population of Preston in 2011 was 29,925 people. By 2016 the population was 32,865 showing a population growth of 9.8% in the area during that time. The predominant age group in Preston is 30-39 years. Households in Preston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Preston work in a professional occupation. In 2011, 60.2% of the homes in Preston were owner-occupied compared with 56.7% in 2016.

Preston has 20,867 properties. Over the last 5 years, Houses in Preston have seen a 16.39% increase in median value, while Units have seen a 15.51% increase. As at 31 October 2024:

  • The median value for Houses in Preston is $1,128,822 while the median value for Units is $619,019.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 76 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 768 properties were sold in the past 12 months in Preston.

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George Tzouroutis
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Biggin & Scott Inner North
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