422-426 Bell StreetPreston VIC 3072
Property Details for 422-426 Bell St, Preston
422-426 Bell St, Preston is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 960m2.
Last Listing description (October 2021)
This property will be available for private inspection. It is a requirement for buyers to pre-register before attending any inspection - please contact the agent to arrange this.
Located in the heart of Preston, this development opportunity is surrounded by some of Melbourne's best lifestyle amenities. 422-426 Bell Street provides developers with genuine growth potential.
Approved for 33 apartments and 2 retail spaces positioned on the corner of Bell street and St Georges road.
Located only a short walk from Bell Station, Preston Station, Preston Market and Darebin Arts Centre.
Amazing city views from the rooftop terraces.
Don't miss this opportunity to secure this rare development site.
Property History for 422-426 Bell St, Preston, VIC 3072
- 23 Mar 2021Listed for Sale $2,650,000 - $2,900,000
- 24 Feb 2017Listed for Sale EOI Closes Thursday 27th April at 2pm
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0About 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 21,007 properties. Over the last 5 years, Houses in Preston have seen a 16.49% increase in median value, while Units have seen a 7.89% increase. As at 31 December 2024:
- The median value for Houses in Preston is $1,138,391 while the median value for Units is $609,230.
- Houses have a median rent of $600 while Units have a median rent of $525.
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