For Sale

31 Bruce street, Preston, Vic 3072

$2,000,000

House

Type

Bedrooms

Bathrooms

Parkings

356 m²

Area

Published on Monday, August 03, 2026 ( See property details for 31 Bruce street, Preston, Vic 3072)

$2,000,000

No Agent Property VIC Real Estate Agent

Call Message Chat

Track this property Request an inspection

Report Title Search CMA Report Suburb Profile

AI Property Insight

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

A fully renovated, flexible 7-bedroom home in Preston offering exceptional investment returns or versatile family living options.

🏡 Property Highlights

Fully renovated 7-bedroom, 3-bathroom residence with modern amenities
Currently operating as a high-performing rooming house with $2,000 weekly income
Flexible configuration allowing conversion to a single-family or multi-generational home
Prime location within walking distance to Preston Station and Preston Market
Close proximity to Melbourne Polytechnic ensuring strong tenant demand
Three fully equipped kitchens supporting independent living arrangements

✨ Key Features

Built-in Robes
Open-Plan Living
Ensuite
Outdoor Area
Waterfront / Views
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Fully fenced

Latest Aerial Imagery Available

31 Bruce street

Preston, VIC 3072

Property focus • 8 oblique views captured

See what the listing photos can't show you.

Aerial and oblique imagery reveals the full picture — roof condition, solar panels, pool, setbacks, neighbouring structures, street access, and surrounding land use. Essential due diligence for buyers negotiating price and investors assessing yield potential.

Roof & Structure Solar Panels Boundary Setbacks Neighbour Context Street Access Land Use

$ 29 .00

AUD incl. GST • One-time purchase

✓

1 vertical aerial + 8 directional oblique views

✓

Capture date verified

✓

Branded PDF • 30-day re-download access

Unlock Full Aerial Report →

• Recently Captured Aerial Imagery

Oblique Views — Unlock with Report • Tap Aerial to Zoom

North

North East

East

South East

South

South West

West

North West

Aerial

Suburb and Property Insights of Preston, VIC 3072

Preston is a vibrant inner-north Melbourne suburb renowned for its excellent connectivity, diverse shopping and dining options, and strong community vibe. Key highlights include easy access to public transport, proximity to Preston Market, and a thriving local arts scene. The area offers a mix of historic charm and modern amenities, making it ideal for families, professionals, and investors seeking a dynamic lifestyle. With ongoing development and strong rental demand, Preston continues to be a highly sought-after location for both living and investment.

Frequently Asked Questions

Can the property be converted into a single-family home?

Yes, the property’s flexible layout allows for reconfiguration into a spacious single-family residence or multi-generational home.

What is the current rental income and potential for future returns?

The property currently generates $2,000 per week as a rooming house, with potential for increased returns depending on reconfiguration or continued operation.

Are there any restrictions or approvals needed to change the property's use?

Any change of use may require council approval; it is recommended to consult local planning regulations for specific requirements.

What are the key features supporting tenant demand?

Proximity to Preston Station, Preston Market, Melbourne Polytechnic, and local amenities make this property highly attractive to tenants.

Is the property suitable for owner-occupiers or investors?

Both; investors can benefit from the strong rental income, while owner-occupiers can enjoy a versatile, renovated home with excellent location advantages.

What to ask about this property to agent?

Are there any existing planning or building approvals for the current configuration? What are the zoning restrictions and potential for future development or modifications? Are there any known issues with the property’s structure, plumbing, or electrical systems? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any upcoming planning or construction projects nearby that could impact the property’s value or living conditions?

31 Bruce street, Preston, Vic 3072 - More Details

$2,000,000

Phone enquiries - please call 1300 594 794 and quote property ID 40842.

A rare opportunity for savvy investors or owner-occupiers seeking flexibility, this fully renovated 7-bedroom, 3-bathroom, 3-kitchen residence delivers exceptional returns in one of Melbourne's most connected inner-north locations.
Currently operating as a high-performing rooming house, the property returns an impressive $2,000 per week, making it a standout addition to any investment portfolio. Alternatively, with its generous scale and multiple self-contained living zones, it offers the perfect canvas to reconfigure into a spectacular single-family home or multi-generational residence.

Property highlights:
- 7 spacious bedrooms across a fully renovated floorplan
- 3 modern bathrooms
- 3 fully equipped kitchens, ideal for independent living arrangements
-Turn-key rooming house set-up with strong, proven rental income
- Flexible configuration – continue as-is or convert to a single dwelling

Location:
- Under 5 minutes' walk to Preston Station and Preston Market
- Just 1 minute's walk to Melbourne Polytechnic (TAFE) – ensuring strong, consistent tenant demand
-Close to shops, cafes, public transport, and arterial roads connecting to the CBD

Whether you're an investor chasing a well-established income stream or a buyer with the vision to create your dream home, this property offers unmatched flexibility and location in the heart of Preston.

Contact us today to arrange an inspection.

DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.

Type: House
Bedrooms: 7
Bathrooms: 3
Parkings: 2
Area: 356 m²
Study: 1

Three Dimensional Virtual Tour - 31 Bruce street, Preston, Vic 3072

Map & nearby places — 31 Bruce street, Preston, Vic 3072

Login to experience 31 Bruce street, Preston, Vic 3072 in 3D

Sign in to unlock the photorealistic 3D Immersive View of this property — fly over the home and its street, and see exactly what's around it before you book an inspection.

Photorealistic 3D aerial & street-level flyover
Nearby schools, parks, shopping, transport, health & dining
Walking & driving routes with live travel time from the front door
Orbit-home, street & suburb camera presets
Satellite & hybrid map views, full-screen mode
Free for every Real Search member — no cost to explore

Email Enquiry To No Agent Property - BRIGHTON EAST

<div><input id="g-recaptcha-response_captcha_1818188476" name="g-recaptcha-response" type="hidden"></input><script>var recaptchaJSLoaded = true; 
                var onloadCallbackcaptcha_1818188476 = function() {
                    var form = $('input[id="g-recaptcha-response_captcha_1818188476"]').closest('form');
                    var btn = $(form.find(':submit')[0]);

No Agent Property VIC

Call

31 Bruce street, Preston, Vic 3072

$2,000,000

Schedule an Inspection

Rates & Fees

Similar Properties

Full Name

phone

Which describes you best?

Message

Personal Information Collection Statement

This form is only to be used for sending genuine email enquiries to the Agent. Real Search Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Explore More About Preston

Real Search makes searching for your new home easy with properties for sale in Preston and properties for rent in Preston. Are you looking for specific type of property? Real Search has units for sale in Preston and houses for sale in Preston. Real Search also provides 1 bedroom house for sale in Preston, 2 bedroom house for sale in Preston & 3 bedroom house for sale in Preston. Find best real estate agents in Preston. You can also check real estate agencies in Preston. Research the property market of Preston with a property report and suburb profile report on Real Search.

<div><input id="g-recaptcha-response_captcha_1569151952" name="g-recaptcha-response" type="hidden"></input><script>var recaptchaJSLoaded = true; 
                var onloadCallbackcaptcha_1569151952 = function() {
                    var form = $('input[id="g-recaptcha-response_captcha_1569151952"]').closest('form');
                    var btn = $(form.find(':submit')[0]);

Help Us Maintain Accuracy: Report Data Errors

At Real Search, we strive for the highest level of accuracy in all our property listings and real estate information. Despite our best efforts, errors can occur. If you spot any inaccuracies or inconsistencies in property details, descriptions, or any other data, we encourage you to report them to us immediately. Your input helps us maintain the quality and reliability of our platform, benefiting all users—buyers, sellers, and agents alike.

To report an error, please click the "Report Error" button on the respective listing or reach out to us directly via our contact page. We appreciate your vigilance and collaboration in ensuring the integrity of our data.

Name

Phone

Message

Disclaimer

Our service utilises AI search capabilities based on publicly available indexed data for non-commercial purposes and testing phase. The above information is an excerpt from publicly available data and may be subject to errors or changes. RealSearch.com.au makes no representations or warranties regarding the accuracy of this data. Please consult the Agency/Agents directly for the most up-to-date information.