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116 Wood Street, Preston, Vic 3072 For Sale

116 Wood Street, Preston, Vic 3072

$900,000 - $990,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
678 m²
Area

Published on Thursday, August 27, 2026 ( See property details for 116 Wood Street, Preston, Vic 3072)

$900,000 - $990,000

Open on Saturday 29 August 12:00 pm | View All

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

A versatile Art Deco home on a substantial 678m² block, offering exciting renovation and redevelopment potential in a highly sought-after Preston location.

🏡 Property Highlights

  • Generous 678m² allotment with a 15.2m frontage
  • Charming Art Deco façade with period character
  • Excellent redevelopment potential (STCA)
  • Prime location close to schools, cafés, and shopping precincts
  • Close to parklands and public transport
  • Opportunity to restore, extend, or create a contemporary family home

✨ Key Features

  • Built in robes
  • Open-Plan Living
  • Outdoor Area
  • Waterfront / Views
  • Secure Parking
  • Pet-Friendly
  • Garage / Secure Parking
  • Outdoor Area / Balcony
  • Internal Laundry
  • Floorboards
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116 Wood Street
Preston, VIC 3072
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Vertical aerial view — 116 Wood Street
116 Wood Street — Vertical Aerial  •  Preston, VIC 3072  •  Nearmap © 2026

Preston is a vibrant, family-oriented suburb renowned for its diverse community, excellent shopping and dining options, and abundant parklands. Its well-connected transport links make commuting easy, while the area's rich history and character add to its appeal. With a mix of period homes and modern developments, Preston offers a dynamic lifestyle for residents seeking convenience and community.

What are the renovation possibilities for this Art Deco home?
The property offers significant scope for renovation, allowing you to restore its period character, extend the existing structure, or explore redevelopment options (STCA) to suit your needs.
Is there potential for subdivision or redevelopment?
Yes, with a substantial 678m² allotment and a 15.2m frontage, the property presents redevelopment potential subject to council approval (STCA).
What nearby amenities are available?
The home is conveniently located near local schools, cafés, eateries including Eat Cannoli, Northland Shopping Centre, Preston Market, and the vibrant High Street shopping precinct, with parklands and public transport nearby.
Are there any restrictions or covenants on the land?
Details regarding restrictions or covenants can be obtained from the local council or your legal advisor to ensure compliance with planning regulations.
What is the condition of the existing structure?
The property is in original condition with period features; a detailed inspection is recommended to assess any necessary repairs or upgrades.
Are there any existing planning or development restrictions on the property? What are the potential costs associated with renovating or extending the home? Is there any history of flooding or bushfire risk in this area? Are there any easements or zoning restrictions affecting redevelopment? What are the council requirements for subdivision or redevelopment (STCA)? Are there any nearby construction projects or planned developments that could impact the property? Has the property been inspected for structural issues or pest infestations? Are there any hidden costs such as levies, rates, or special assessments? Is the property compliant with current building codes and standards? What are the ongoing maintenance costs for the land and existing structures?

116 Wood Street, Preston, Vic 3072 - More Details

$900,000 - $990,000

Sale by SET DATE: Tuesday 22nd September at 5:00pm (unless sold prior)

A charming Art Deco façade sets the scene for this home, offering an exciting opportunity to secure a generous 678m² allotment with a 15.2m frontage in a family-focused neighbourhood.

Featuring three bedrooms and one bathroom, the home presents plenty of scope for those looking to renovate, extend or explore redevelopment potential (STCA). Whether you're dreaming of restoring its period character, creating a contemporary family home or planning for the future, this is a property with possibilities.

Perfectly positioned for lifestyle and convenience, you'll be close to local schools, cafés and eateries including Eat Cannoli, Northland Shopping Centre, Preston Market and the vibrant High Street shopping precinct, while nearby parklands and public transport add to the appeal.

A rare combination of Art Deco character, substantial land and outstanding potential, this is an opportunity to create something truly special in a well-connected and tightly held neighbourhood.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
678 m²

Inspections times

  • Inspection Sat 29 Aug 12:00 pm

    Saturday 29 August
    12:00 pm - 12:30 pm
    Add to calandar Remind Me

  • Inspection Wed 2 Sep 2:00 pm

    Wednesday 2 September
    2:00 pm - 2:30 pm
    Add to calandar Remind Me

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