1 Albert Street, Preston

1 Albert Street, Preston VIC 3072

Apartment
Type
10
Residences
Late 2028
Est. Completion Date

Last updated on Thursday, June 04, 2026

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern apartment in Preston with exciting future development potential and contemporary features, perfect for investors and owner-occupiers alike.

🏡 Property Highlights

  • Prime Preston location with future development potential
  • Modern apartment design with contemporary finishes
  • Close to public transport and local amenities
  • Potential for capital growth in a sought-after suburb
  • In planning stage offering customization options
  • Low-maintenance living ideal for busy professionals

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly
  • Ceiling Fans
  • Waterfront / Views

Preston is a vibrant suburb renowned for its diverse community, excellent public transport links, and thriving local amenities. It offers a mix of cultural attractions, parks, and shopping precincts, making it an ideal location for both investors and residents seeking a dynamic lifestyle. The area is experiencing ongoing development, promising strong future growth and capital appreciation.

What is the current status of the property's development?
The property is currently in the planning stage, allowing for potential customization and future growth opportunities.
What amenities and transport options are available nearby?
Preston offers excellent public transport options, including train and bus services, along with a variety of local shops, cafes, and parks.
Is there potential for capital growth in this area?
Yes, Preston is a sought-after suburb experiencing ongoing development and infrastructure improvements, which support strong future capital growth.
Are there any restrictions or approvals needed for future modifications?
As the property is in planning, any modifications will require appropriate approvals from local authorities, which can be discussed with the developer or planning department.
Are there any additional costs or fees associated with the property's development or planning process? What are the zoning regulations and any restrictions that may affect future modifications? Are there any known planning or construction activities nearby that could impact the property? What is the expected timeline for completion and development approval? Are there any easements, covenants, or other legal restrictions on the property?

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