400 Plenty Road, Preston, Vic 3072

EOI $950,000 - $1,000,000

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings
581 m²
Area

Published on Wednesday, September 30, 2026 ( See property details for 400 Plenty Road, Preston, Vic 3072)

EOI $950,000 - $1,000,000

Paul Dines Property Consultant / Licensed Estate Agent / Auctioneer
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile 3-bedroom brick home on a large 581m² block in Preston, offering renovation, redevelopment, or subdivision potential (STCA).

🏡 Property Highlights

  • Substantial 581m² landholding in Preston with development potential (STCA).
  • Original three-bedroom brick veneer home ready for renovation or reimagining.
  • Excellent location with easy access to Plenty Road tram, Preston Market, and Northland Shopping Centre.
  • Generous second living/family area and formal lounge providing versatile living options.
  • Close to Preston High School and Preston South Primary School for family convenience.
  • Opportunity for first home buyers, renovators, and developers to capitalise on a prime parcel.

✨ Key Features

  • Built in robes
  • Garage
  • Open-Plan Living
  • Water tank
  • Floorboards
  • Secure Parking
  • Outdoor Area
  • Pet-Friendly
  • Ensuite
  • Air Conditioning
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400 Plenty Road
Preston, VIC 3072
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Vertical aerial view — 400 Plenty Road
400 Plenty Road — Vertical Aerial  •  Preston, VIC 3072  •  Nearmap © 2026

Preston is a vibrant suburb renowned for its diverse community, excellent transport links, and thriving shopping and dining precincts. It offers a family-friendly environment with quality schools, parks, and easy access to Melbourne’s CBD. The area is ideal for those seeking a mix of urban convenience and community atmosphere, making it a highly sought-after location for homeowners and investors alike.

What are the renovation possibilities for this property?
The existing home provides a blank canvas for renovation, allowing you to update or extend the current layout to suit your lifestyle or investment goals.
Is subdivision or redevelopment allowed on this land?
Yes, the generous 581m² allotment offers scope for subdivision or redevelopment, subject to council approval (STCA).
What amenities are nearby?
The property is conveniently located close to Preston Market, Northland Shopping Centre, cafes, restaurants, and excellent public transport options including the Plenty Road tram.
Are there schools nearby?
Preston High School and Preston South Primary School are within easy reach, making it ideal for families.
What is the condition of the existing home?
The home is in original condition, offering an ideal opportunity for renovation or reimagining to add value.
Are there any existing planning restrictions or zoning overlays that could affect subdivision or redevelopment plans? What are the potential costs associated with renovating the existing home? Are there any easements, covenants, or encumbrances on the property that could impact development? Has a recent pest and building inspection been conducted, and are there any structural issues? Are there any upcoming council or community planning activities that could influence the property's value or use?

400 Plenty Road, Preston, Vic 3072 - More Details

EOI $950,000 - $1,000,000

Original home on 581m² – Renovate, reimagine or redevelop (STCA)

Set on approximately 581m², this original three-bedroom brick veneer home presents an outstanding opportunity for first home buyers, renovators and developers looking to secure a substantial landholding in a highly connected Preston location.

The existing home offers three bedrooms, formal lounge, kitchen overlooking the rear yard, generous second living/family area, bathroom and single garage. In original condition, it provides an ideal blank canvas for renovation or transformation.

For those looking to the future, the generous allotment also offers scope to investigate subdivision or redevelopment opportunities (STCA).

Conveniently located with excellent access to the Plenty Road tram, Preston Market, Northland Shopping Centre, cafés, restaurants and local amenities. Preston High School and Preston South Primary School are also within easy reach.

Whether you're looking to renovate, create your first home or explore the property's development potential, this is an exciting opportunity to secure a sizeable parcel of land in one of Preston's established locations
Type
House
Bedrooms
3
Bathrooms
1
Parkings
1
Area
581 m²

Price guide

View Statement Of Information

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Map & nearby places — 400 Plenty Road, Preston, Vic 3072

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

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