11 Cynga Street, Preston, Vic 3072

Auction $800,000 - $880,000

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings

Published on Thursday, October 08, 2026 ( See property details for 11 Cynga Street, Preston, Vic 3072)

Auction $800,000 - $880,000

Joe Horton Partner / Auctioneer / Licensed Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile and spacious concrete home on a large block in Preston, offering excellent potential for renovation, development, or future projects.

🏑 Property Highlights

  • Generous 696m² allotment offering future development potential
  • Spacious lounge and eat-in kitchen for comfortable living
  • Ideal for first-time buyers, renovators, or developers
  • Close to schools, public transport, and Preston Market
  • Potential for subdivision or multi-dwelling development (STCA)
  • Central Preston location with easy access to shopping and entertainment

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Floorboards
  • Secure Parking
  • Outdoor Area
  • Fully fenced
  • Water tank
  • Pet-Friendly
  • Waterfront / Views
  • High energy efficiency
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11 Cynga Street
Preston, VIC 3072
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Vertical aerial view β€” 11 Cynga Street
11 Cynga Street — Vertical Aerial  •  Preston, VIC 3072  •  Nearmap © 2026

Preston is a vibrant suburb renowned for its diverse community, excellent shopping options, and convenient public transport. It offers a family-friendly environment with proximity to schools, Preston Market, and Northland Shopping Centre. The area is experiencing ongoing development, making it an attractive choice for investors and families seeking a dynamic lifestyle. Local parks and amenities enhance the community feel, while its central location ensures easy access to Melbourne CBD.

What are the renovation possibilities for this property?
The property offers a spacious interior with scope for renovation, including updating the existing home or building a new structure to suit your needs.
Is subdivision or multi-dwelling development possible?
Yes, subject to council approval (STCA), the large allotment provides potential for subdivision or multi-dwelling development.
What nearby amenities are available?
The property is close to Preston Market, Northland Shopping Centre, Preston Station, local schools, and public transport options.
Are there any restrictions or planning controls I should be aware of?
Potential subdivision or development is subject to council approval and planning regulations; it is advisable to consult with local authorities for specific details.
What is the condition of the existing home?
The home is in a solid condition with comfortable proportions, offering a great foundation for renovation or rebuilding.
Are there any existing planning restrictions or zoning overlays that could affect subdivision or development plans? What are the potential costs involved in renovating or building on the property? Are there any easements, covenants, or encumbrances on the title that could impact future use? Has the property been tested for flood or bushfire risks? Are there any nearby construction or planning activities that could affect the property’s value or livability? What are the council requirements and approval processes for subdivision or multi-dwelling development? Are there any known defects or issues with the existing structure? What are the ongoing maintenance costs for the property and large yard? Is there any history of environmental concerns or contamination on the site? Are there any strata or community title considerations if subdivided or developed?

11 Cynga Street, Preston, Vic 3072 - More Details

Auction $800,000 - $880,000

Offering an appealing combination of space, flexibility and future potential, this concrete home on a generous 696Β² allotment (approx.) presents an exciting opportunity in a rapidly evolving Preston pocket.

Whether you're a first-time buyer looking to enjoy and then enhance, a renovator seeking your next project, a builder looking to add value and flip, a family wanting to create a home tailored to their needs, or a developer exploring future possibilities.

Offering comfortable proportions, a spacious lounge, an eat-in kitchen and three bedrooms sharing the family bathroom, the home offers plenty of scope for transformation. Renovate and enhance the existing home, start afresh with a new build, or investigate the potential for subdivision or a multi-dwelling development (all stca).

Beyond the property itself, the location adds further appeal, being central to schools and within a short walk of the bus. Preston Market and Preston Station are also within easy reach, as are the dining, shopping and entertainment benefits of Northland Shopping Centre.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
1
House Size
696 mΒ²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Sat 10 Oct 11:30 am

    Saturday 10 October
    11:30 am - 12:00 pm

Auctions

  • 11 Cynga Street, Preston, Vic 3072

    Saturday 31 October
    11:00 am
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