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80 May Street
Preston VIC 3072

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 1102m2
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Once In A Lifetime Opportunity

Situated at 80 May Street, Preston, this property offers a remarkable opportunity with its expansive 1102 sqm (approx.) block of land, making it an ideal candidate for potential redevelopment (STCA). Boasting an impressive 20m (approx.) frontage and extending 55m (approx.) in depth, the site provides abundant space for innovative architectural designs.
The nearby Gilbert Road tram offers seamless transport options to the city centre, while Preston Market and Preston train station ensure quick access to daily necessities and public transportation. Conveniently located near St. Raphael's Primary School, residents benefit from easy access to education facilities.
Surrounded by a vibrant neighbourhood filled with High Street shops and trendy cafes, this location epitomises modern urban living. Whether you're looking to embark on a redevelopment project, renovation or build your dream home, 80 May Street, Preston, offers a perfect blend of space, convenience, and community charm.
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Property Details for 80 May St, Preston

80 May St, Preston is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 1102m2. The place is currently for sale with Biggin & Scott Inner North .

Building Type
House
Land Size
1102m2

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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 20,792 properties. Over the last 5 years, Houses in Preston have seen a 32.89% increase in median value, while Units have seen a 14.94% increase. As at 31 July 2024:

  • The median value for Houses in Preston is $1,168,519 while the median value for Units is $604,072.
  • Houses have a median rent of $615 while Units have a median rent of $500.
There are currently 70 properties listed for sale, and 46 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 785 properties were sold in the past 12 months in Preston.

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Angelo Bafunno
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Chris Vrantsis
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Biggin & Scott Inner North
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