FOR SALE
SALE $1,000,000 - $1,050,000

352 Plenty Road
Preston VIC 3072

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 514m2
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Permitted Site in a Prime Location!

With all the hard work done for you... there isn't a better choice. Just appoint your builder and start construction! Positioned in a prime location, this vacant parcel of land (514sqm approx.) is a rare opportunity. Available with plans and permits ready to be issued for the construction of 5 astounding townhouses.
Each townhouse has been carefully designed to keep build costs at a low whilst still providing future buyers with the space and style they crave. With the modern façade, the calculated design choices allow the property to stand out amongst the rest thanks to its coastal vibe and white colour scheme.
The end product will suit a large range of interest including, first home buyers, downsizers and savvy investors making it a blue-chip investment opportunity. With a central location close to cafes, schools, the Preston Market, Preston Station, the 86 Tram, High St's famous cafes, bars and restaurants and many more coveted lifestyle options, the location is second to none.
Be sure to secure you interest on this exclusive development opportunity. Plans and permits available upon request.
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Property Details for 352 Plenty Rd, Preston

Building Type
Land
Land Size
514m2

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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 20,796 properties. Over the last 5 years, Houses in Preston have seen a 26.50% increase in median value, while Units have seen a 14.21% increase. As at 30 September 2024:

  • The median value for Houses in Preston is $1,146,812 while the median value for Units is $603,028.
  • Houses have a median rent of $600 while Units have a median rent of $510.
There are currently 72 properties listed for sale, and 43 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 776 properties were sold in the past 12 months in Preston.

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Rose Martin
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Ray White Preston
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