Located on the border of Preston and Thornbury this rare warehouse conversion offers the best of the inner north at its doorstep. Designed to respect and reflect its original character it combines a timeless combination of original brick, exposed beams and unique industrial style. Over two levels it features two bedrooms which could be utilized as office space, a small business or studio, with the option to open up this space into 1 large area/ meeting zone with court yard access. Also located on the ground floor is a sizable bathroom, laundry and great storage. The top level of the floor plan flows with endless natural light thanks to the open plan layout and large balcony. The modern kitchen comes equipped with stainless steel 900mm appliances and ample bench space. Low-maintenance and well suited to owner occupiers or investors it also includes split system heating and cooling and a secure car space. Moments from Melbourne's CBD, it is on the doorstep of local cafes and shops, Bell and Thornbury Stations, schools, parks, and so much more. Don't miss this opportunity to secure not only a rare property but the outstanding lifestyle that comes with it!
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 20,795 properties. Over the last 5 years, Houses in Preston have seen a 26.86% increase in median value, while Units have seen a 14.01% increase. As at 31 August 2024:
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