OFF MARKET

706/5 Blanch Street
Preston VIC 3072

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 47m2
Land area: 1233m2
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Property Details for 706/5 Blanch St, Preston

706/5 Blanch St, Preston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 1233m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2018
Floor Size
47m2
Land Size
1233m2
Local Government
Darebin
Lot/Plan
706/PS732089

Last Listing description (December 2023)

Welcome to Bellview Apartments, where luxury meets convenience in the heart of Preston! This one-bedroom, one-bathroom apartment offers a comfortable & contemporary lifestyle that will exceed your expectations. With its prime location and exceptional features, it's the perfect place to call home.

The kitchen is equipped with stainless-steel appliances, including a dishwasher. Prepare meals with ease & enjoy the sleek and modern design. The generous bedroom features a built-in robe, central bathroom & a European laundry, combining functionality & style. The living area is spacious & the sliding doors lead to a covered balcony, providing an extension of your living area & a place to enjoy.

The Bell train station is within walking distance across the road, making commuting a breeze. Additionally, you'll find shopping centres & various educational & medical facilities nearby, ensuring all your needs are catered to.

Don't miss out on the opportunity to own this gem at Bellview Apartments. Embrace the modern & convenient lifestyle that awaits you.

KEY FEATURES:

- Location, Location, Location: Situated in the heart of Preston, this apartment offers easy access to everything you need. Enjoy the vibrant atmosphere of Preston Market, nearby parks & the bustling cafes of High Street on weekends. Plus, the trams of St Georges Road are just a stone's throw away.

- Secure & Convenient: Your peace of mind is our priority. The apartment features a secure undercover car space, 24-hour surveillance cameras & intercom entry. Feel safe & protected in this well-maintained building.

- Modern Comforts: Experience year-round comfort with heating & cooling systems, ensuring you're cozy in winter & cool in summer. The apartment also includes a storage cage, providing space for your belongings.

PLEASE NOTE: This is currently tenanted on a fixed term lease till July 2024 with a rental return of $1673 per month.

Property History for 706/5 Blanch St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$300,000
16 Oct 2023
  • 16 Oct 2023
    Sold for $300,000
  • 06 Jul 2023
    Listed for Sale $310,000
  • 21 Jan 2015
    Sold for $371,800

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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.

Suburb Insights for Preston 3072

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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 for any loss or damage arising in connection with the data and information contained in this publication.