13 Emerald Street, Preston, Vic 3072

AUCTION $900,000 - $990,000

House
Type
3
Bedrooms
1
Bathrooms
4
Parkings
495 m²
Area

Last updated on Friday, May 29, 2026 ( See property details for 13 Emerald Street, Preston, Vic 3072)

AUCTION $900,000 - $990,000

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

A versatile property in Preston offering approved development plans, spacious land, and exceptional future growth potential for developers, investors, and homebuyers alike.

🏡 Property Highlights

  • Approved plans and permits for two side-by-side townhouses, ready for development.
  • Generous 495sqm allotment offering significant future upside and flexibility.
  • Prime Preston location within a tightly held and evolving pocket.
  • Excellent access to amenities including schools, parklands, and transport links.
  • Potential for redevelopment, renovation, or landbanking to suit various buyers.
  • Close proximity to High Street, Northland Shopping Centre, and vibrant retail precincts.

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area
  • Secure Parking
  • Home Office / Study
  • Balcony
  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Internal Laundry

Preston is a vibrant inner-north Melbourne suburb renowned for its strong community feel, diverse amenities, and ongoing gentrification. Key highlights include excellent transport links, a thriving retail and café scene, and proximity to parks and reputable schools. The area offers a perfect blend of urban convenience and suburban tranquility, making it highly desirable for a wide range of buyers. Its consistent growth and development potential ensure long-term value appreciation.

What are the future development prospects for this property?
The property has approved plans and permits for two side-by-side townhouses, offering a streamlined development opportunity in a high-demand area.
Can I move into the existing residence immediately?
Yes, the current home is move-in ready, allowing immediate occupation or renovation.
What amenities are nearby?
The property is conveniently located near reputable schools, parklands, transport options, High Street, Northland Shopping Centre, and vibrant retail precincts.
Is there potential for landbanking or future value growth?
Absolutely, the generous 495sqm allotment provides significant land value and future growth potential.
What are the options for renovation or redevelopment?
Buyers can choose to redevelop, renovate, or landbank, with the approved plans facilitating a straightforward build process.
Are there any additional costs or fees associated with the approved development plans? Have all necessary permits and approvals been obtained, and are there any pending conditions? Are there any easements, zoning restrictions, or covenants affecting the property? What is the condition of the existing dwelling, and are there any known defects? Is the property located in a flood or bushfire-prone area? Are there any nearby construction or planning activities that could impact the property? What are the strata or body corporate considerations, if applicable? Are there any noise or nuisance issues from neighboring properties? What are the long-term zoning plans for the area that could influence future development? Is there any history of flooding, drainage issues, or environmental concerns on the site?

13 Emerald Street, Preston, Vic 3072 - More Details

AUCTION $900,000 - $990,000

Type
House
Bedrooms
3
Bathrooms
1
Parkings
4
Area
495 m²

Price guide

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