42 Sheila Street, Preston, Vic 3072

$1,000,000 - $1,100,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings

Published on Thursday, October 01, 2026 ( See property details for 42 Sheila Street, Preston, Vic 3072)

$1,000,000 - $1,100,000

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

A beautifully maintained family home in Preston with timeless appeal, generous land size, and excellent future potential.

🏡 Property Highlights

  • Held within the same family for 66 years, showcasing its cherished history
  • Pristine condition with beautifully maintained surroundings
  • Located in a tightly held, peaceful Preston pocket
  • Generous 522sqm land offering future development potential (STCA)
  • Close to local schools, parks, shopping, and transport
  • Opportunity to move straight in or consider future upgrades

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Secure Parking
  • Water tank
  • Floorboards
  • Pet-Friendly
  • Fully fenced
  • Internal Laundry
  • Ensuite
Latest Aerial Imagery Available
42 Sheila Street
Preston, VIC 3072
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Vertical aerial view — 42 Sheila Street
42 Sheila Street — Vertical Aerial  •  Preston, VIC 3072  •  Nearmap © 2026

Preston is a vibrant suburb renowned for its community spirit, excellent amenities, and convenient access to transport. It offers a mix of historic charm and modern living, with local parks, shopping centres, and quality schools. The area is ideal for families and professionals seeking a peaceful yet connected lifestyle. Its well-established infrastructure and friendly neighbourhood make Preston a highly sought-after place to call home.

What is the condition of the property and has it been recently renovated?
The property is presented in pristine condition, with ongoing maintenance reflecting the care it has received over the years, and it is move-in ready.
What potential does the land offer for future development?
The 522sqm land provides a substantial footprint with potential for future development or extensions, subject to council approval (STCA).
Are there any nearby amenities such as schools and parks?
Yes, the property is conveniently located near local schools, parks, shopping centres, and transport options, making it ideal for families and commuters.
Is the property suitable for pets?
Yes, the property is pet-friendly and features a fully fenced yard, providing a safe outdoor space for pets.
What are the options for future upgrades or renovations?
Given its generous land size and prime location, there are opportunities for future upgrades or extensions, subject to council approval.
Are there any existing easements, covenants, or zoning restrictions affecting the property? Has the property been inspected for any structural issues or pests? Are there any planned developments or construction projects nearby that could impact the property? What are the council rates and any additional costs associated with the property? Is there any history of flooding or bushfire risk in this area? Are there any outstanding compliance or building approvals required for future modifications? What is the condition of the roof, plumbing, and electrical systems? Are there any ongoing maintenance or repair issues to be aware of? Is the property part of a strata or community title scheme? Are there any restrictions on future development or subdivision of the land?

42 Sheila Street, Preston, Vic 3072 - More Details

$1,000,000 - $1,100,000

Held within the same family for an extraordinary 66 years, 42 Sheila Street represents a
rare opportunity to secure a home that has been genuinely cherished, maintained and
cared for across generations.

Presented in pristine condition, the residence immediately conveys a sense of warmth,
pride, and timeless appeal. Every aspect reflects the care that has gone into preserving
this much-loved home, offering buyers the opportunity to move straight in and enjoy its
beautifully maintained surroundings.

Positioned within a tightly held pocket of Preston, the home combines a peaceful
residential setting with the everyday convenience the area is renowned for. Local
schools, parks, shopping, and transport options are all within easy reach, while
Northland Shopping Centre and the broader amenities of Preston are close by.

On approximately 522sqm of land, the property also provides a substantial footprint
and a wonderful foundation for those looking to enjoy the home as it stands or consider
its future potential (STCA).

After 66 remarkable years, this is more than simply a home coming to market, it is an
opportunity to become the next custodian of a much-loved piece of Preston history.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Sat 3 Oct 10:30 am

    Saturday 3 October
    10:30 am - 11:00 am
  • Inspection Thu 8 Oct 6:00 pm

    Thursday 8 October
    6:00 pm - 6:30 pm
  • Inspection Sat 10 Oct 2:30 pm

    Saturday 10 October
    2:30 pm - 3:00 pm

Auctions

  • 42 Sheila Street, Preston, Vic 3072

    Saturday 24 October
    10:00 am

Map & nearby places — 42 Sheila Street, Preston, Vic 3072

Explore 42 Sheila Street, Preston, Vic 3072 in 3D

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