OFF MARKET

402/485-492 Plenty Road
Preston VIC 3072

Bedrooms: 3
Bathrooms: 2
Car spaces: -
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Property Details for 402/485-492 Plenty Rd, Preston

402/485-492 Plenty Rd, Preston is a 3 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Darebin

Last Listing description (June 2022)

***DISPLAY SUITE OPEN BY PRIVATE APPOINTMENT ONLY***

Boasting a prominent position across the entire front of the development, this first class sub penthouse features a generous balcony that not only offers CBD views but takes advantage of a sought after northern aspect.


With 3 bedrooms, 2 bathrooms and open plan living, kitchen and dining spread over an impressive floorplate of 131sqm, this sizeable residence is a highlight of this not to be missed development.

Light floods through the entire home, thanks to a central light court filtering through to both bedroom 2 and 3, while expansive glazing spans the living area and superior master suite.

Enhanced by copious storage, the master suite also includes walk in robe, and a first class ensuite topped off by dual shower heads and floor to ceiling porcelain tiles.

Every centimetre has been carefully planned to ensure superior quality and maximum usability. From quality Miele appliances, to natural stone benchtops and splashback, pull out pantry, spray kitchen mixer, and engineered oak timber floors no stone has been left unturned.

Add to this European laundry, handy study nook, built in robes, plush woollen carpeting to bedrooms, split system heating and cooling, and quality finishes and fittings throughout and you have a combination that is perfect for the modern, low maintenance lifestyle.

Best of all, the location of this urban splendour places you at the heart of a myriad of Preston highlights. Walk to the Preston Market on weekends, explore the many nearby cafes on your morning coffee run, or spend sunny afternoons cruising the Darebin Creek trail where stunning scenery surrounds bike riders, joggers and dog walkers alike.

The #86 tram is right outside your door to effortlessly connect you with the CBD, RMIT and LaTrobe universities, as well as the chic locales of Thornbury, Northcote, Collingwood and Fitzroy; while Preston Station is also within easy reach.

With these standout connections, impeccable finishes, and exceptional quality Lumiere Rise truly is the gem of Melbourne's north.

Highlights:
First class kitchen complete with Miele appliances, pull out pantry, spray kitchen mixer, custom joinery, natural stone benchtops and splashbacks
Superior bathrooms featuring floor to ceiling porcelain tiles, premium tapware, twin rail shower heads and frameless walk in showers
LED feature strip lighting to bathrooms and kitchens
Customised finish with your choice of Urban or Scandi colour schemes
Spacious balcony
Floods of natural light
Sumptuous bedrooms featuring built in and walk in robes and plush woollen carpeting
Split system heating and cooling to living rooms and master bedroom
Secure parking, video intercom, CCTV, and communal parcel lockers
Best practice sustainable design with energy efficient fixtures and fittings
Charging stations for electric cars and e-bicycles
Communal dog wash
#86 tram at your doorstep
9km to the CBD with local amenity and entertainment in abundance
One of Australia's Top investment locations

With large stamp duty savings on offer for off the plan homes, and this new listing in such a highly sought-after location, you'd be wise to book your personal appointment this week.

Property History for 402/485-492 Plenty Rd, Preston, VIC 3072

A timeline of how this property has performed in the market
  • 05 May 2022
    Listed for Sale $799,000

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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 21,082 properties. Over the last 5 years, Houses in Preston have seen a 7.43% increase in median value, while Units have seen a 10.45% increase. As at 28 February 2025:

  • The median value for Houses in Preston is $1,123,224 while the median value for Units is $601,564.
  • Houses have a median rent of $600 while Units have a median rent of $540.
There are currently 75 properties listed for sale, and 50 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 797 properties were sold in the past 12 months in Preston.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all liability for any loss or damage arising in connection with the data and information contained in this publication.