Preston VIC 3072 62 PENDER STREET
We put you first
For Auction Feb 15 1:00pm
4  Beds
  |  
1  Bath
  |  
1  Car
$1,050,000 - $1,150,000
First National Real Estate Melton
Auction Alert: Prime 497m2 Corner Block with Substantial Development Potential
Seize a rare opportunity to acquire a substantial 497m² corner block at 62 Pender Street, Preston. This property boasts front-facing Pender Street, side access via Central Avenue, and rear laneway entry, offering exceptional potential for development or renovation (STCA).

Steeped in history, this 4-bedroom Victorian-era aluminum cladding cottage offers a rare glimpse into Preston’s architectural past. The home, held by the same family for generations, features original period details that capture the charm of the early 20th century.

Notable Period Features Include:
•Pressed Metal Walls & Ceilings – Beautiful, intricate designs throughout the home, reflecting Victorian and Edwardian craftsmanship.
•Exposed Brick Chimney & Fireplace – A striking red brick chimney in the kitchen highlights the home’s rich history, while the brick fireplace in the living area adds to the character.
•High Ceilings – The lofty ceilings enhance the sense of space and reflect the era’s architectural style.

Additional Structures:
•Rear Patio: Features an external toilet, adding to the period charm.
•Carport: Located at the rear of the property, providing covered parking space from Double Gates
* Please note: The floor plan indicates appliances such as washing machines (WM) and refrigerators (FR) in certain areas; however, these items are not fixtures and will not be included in the sale.

The property presents a unique opportunity to restore these heritage features to their former glory or embark on a development project, subject to council approval (STCA).

Key Features:
•Prime Location: Situated just 250m from High Street, Preston's vibrant hub of shops, cafes, and amenities.
•Preston Market: Approximately 600m away, providing fresh produce and diverse shopping options.
•La Trobe University: About 5.3 km from the property, easily accessible via public transport.

Educational Facilities:
oPreston Primary School: Approximately 1.5km away, ensuring convenient access for families.
oPreston High School: Only 1.3km from the property, ideal for secondary education.
oLatrobe University: only 5km approx from the property with convenient public transport options

•Public Transport:
oPreston Train Station is approximately 500m away, offering convenient access to the Mernda line.
oBell Train Station is approximately 1.6km away, providing easy connectivity to the Mernda line.
oTram: The nearest tram stops are at Plenty Road/Murray Road and Sylvester Grove/Plenty Road, serving Route 86, approximately 1.2 km from the property.

Bus Stops: Conveniently located near Central Avenue/Murray Road and High Street/Murray Road, providing additional public transport options.

Zoning: General Residential Zone - Schedule 2, under Darebin Council jurisdiction, with no bushfire, flood, or heritage overlays detected.

Connectivity: Equipped with reliable NBN Hybrid Fibre Coaxial and 5G mobile coverage, ensuring high-speed internet access.

Auction Details:
Date & Time: Saturday, 15th February at 1:00 PM
Location: On-Site 62 Pender Street Preston
Terms: Deposit: 10% payable on auction day
Settlement: Balance due within 60-90 days, with flexibility subject to vendor approval.
Pre-Auction Registration: All bidders must register prior to the auction and provide valid photo identification.

Auction Rules: The property is subject to a reserve price, and the vendor reserves the right to place bids during the auction in accordance with Victorian auction regulations. The property will be sold as an unconditional sale, meaning no conditions such as finance or building inspections can be added after the auction.

Building Inspections: Buyers are encouraged to organise Building and Pest Inspections prior to the Auction date.
Section 32/Vendor Statement: The Section 32 is available for prospective buyers and their legal representatives to review prior to the auction.

Buyer Due Diligence:
Prospective buyers are advised to carry out their own investigations in relation to the property, including obtaining independent legal, financial, and technical advice prior to the Auction date. A due diligence checklist is available from Consumer Affairs Victoria at www.consumer.vic.gov.au/duediligencechecklist.

Don't miss this exceptional opportunity to invest in a highly sought-after corner block in Preston, offering unparalleled potential for development or restoration. For more information or to arrange a viewing, please contact us today.

Disclaimer: While every effort has been made to ensure the accuracy of this property's details, all distances and measurements are approximate. Prospective buyers are encouraged to conduct their own due diligence to verify information.
Read More
Inspection Times
Our Team
Get in touch
Director/Licenced Real Estate Agent
Email me
Director/Licensed Estate Agent
Email me
Sales Assistant to Jade Carberry
Email me
Our Blog
Latest News
    20 Mar 24 | Buying
    Most family-friendly suburbs and why?
    19 Mar 24 | Lifestyle
    Must try mindfulness and wellness retreats in Australia and New Zealand
    19 Mar 24 | Lifestyle
    The Top Autumn walking and hiking spots across Australia a trek!
    19 Mar 24 | Lifestyle
    The Great Australian Road Trip and Routes You Must Try!
    31 Jan 24 | Investing
    Financial planning tips for a stable & successful 2024!
    31 Jan 24 | Buying
    Tips to try before you buy you next home or investment
    31 Jan 24 | Buying
    12 reasons why local is best when choosing a real estate agent
    31 Jan 24 | Lifestyle
    Ways to Celebrate and Care for Your Pet this Valentine’s Day
    31 Jan 24 | Lifestyle
    Shattering stereotypes – the evolution of women in sport!
    31 Jan 24 | Investing
    Top renovation ideas to add value to your home
    31 Jan 24 | Lifestyle
    The golden years – downsize your home, upsize your lifestyle!
    31 Jan 24 | Buying
    2024 Outlook: Trends and Projections for the Australian Property Market