56 Preston Street, Figtree, NSW 2525

Auction Guide $500,000

House
Type
3
Bedrooms
1
Bathrooms
4
Parkings
834.7 m²
Area

Published on Wednesday, October 21, 2026 ( See property details for 56 Preston Street, Figtree, NSW 2525)

Auction Guide $500,000

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

A versatile family home in a leafy, convenient location offering renovation, rebuild, or dual occupancy potential (STCA).

🏡 Property Highlights

  • Prime location just 300m from CBD and university bus stops
  • Extensive workshop, storage, and three-car garage space
  • Potential for renovation, rebuild, or duplex development (STCA)
  • Secluded main bedroom with built-in wardrobe and charming outlooks
  • Large living areas including multiple living and dining spaces
  • Private, child-friendly backyard backing onto reserve parkland

✨ Key Features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Open-Plan Living
  • Waterfront / Views
  • Garage / Secure Parking
  • Outdoor Area / Balcony
  • Workshop
  • Fireplace
  • Secure Parking
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56 Preston Street
Figtree, NSW 2525
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Vertical aerial view — 56 Preston Street
56 Preston Street — Vertical Aerial  •  Figtree, NSW 2525  •  Nearmap © 2026

Figtree is a highly sought-after suburb offering a peaceful, family-friendly environment with lush parklands, excellent transport links, and convenient access to shopping centres and schools. Its leafy streets and community amenities make it ideal for families and investors alike, providing a perfect blend of tranquility and accessibility.

What is the condition of the property and what renovations are possible?
The property is in original condition throughout, offering extensive renovation potential or the possibility to rebuild or develop (STCA).
Is there development potential for dual occupancy or rebuilding?
Yes, the site offers potential for redevelopment, including dual occupancy, subject to council approval (STCA).
What are the nearby amenities and transport options?
The property is approximately 300m from CBD and university bus stops, 500m from Figtree Grove shopping centre, and close to local parks and schools.
Are there any restrictions or approvals needed for renovation or redevelopment?
Yes, any redevelopment or dual occupancy plans will require council approval and must comply with local planning regulations (STCA).
What features does the property include for comfort and convenience?
The home features air-conditioning, a slow-combustion fireplace, large walk-in pantry, dishwasher, and multiple living areas.
Are there any zoning restrictions or easements affecting the property that could impact redevelopment plans? Have any recent inspections revealed structural issues or defects? Are there any planned developments or construction nearby that could affect the property’s value or privacy? What are the total estimated costs for renovations or rebuilding, including permits and approvals? Is the property located in a flood or bushfire-prone area, and what are the associated risks? Are there any strata or community titles involved, and what are the associated fees or restrictions? Are there any existing easements or rights of way that could limit use or development? What are the current council rates and water rates, and are there any additional levies? Is there any history of pest or termite issues on the property? Are there any restrictions on the type of development or modifications allowed under local planning laws?

56 Preston Street, Figtree, NSW 2525 - More Details

Auction Guide $500,000

*This advertisement includes virtually staged photographs*

This home must be sold at auction. Boasting a private and leafy address steps from local parks, transport connections and Figtree Grove, this terrific family home provides the perfect blank canvas for someone to extensively renovate or rebuild (STCA). In original condition throughout, with comfortable proportions and extensive workshop, storage and garage space, it offers inspiring renovation potential or an ideal site for your new build or duplex redevelopment (STCA).

- Superb project with brick lower level, multiple living areas plus dining
- Air-conditioning, slow-combustion fireplace, large walk-in pantry, dishwasher
- Three generously sized bedrooms including secluded main with built-in wardrobe
- Charming outlooks to adjacent reserve parkland, private child-friendly backyard
- Workshop and sheds plus under-house space with storage cages, three-car garaging
- Ready to renovate, rebuild for luxury or capitalise with dual occupancy (STCA)
- Approx. 300m to CBD and Uni bus stops and 500m to Figtree Grove and Collegians
- Approx. 850m to Mount Saint Thomas Public School, 1.8km to TIGS and 3.6km to CBD

The below rates are provided as a guide:
Council rates $534.08pq approx.
Water rates $216.53.pq approx.

To register for this auction, please follow the link below:
https://buy.realtair.com/properties/309739
Type
House
Bedrooms
3
Bathrooms
1
Parkings
4
Area
834.7 m²

Inspections times

  • Inspection Sat 24 Oct 2:15 pm

    Saturday 24 October
    2:15 pm - 2:45 pm

Auctions

  • 56 Preston Street, Figtree, NSW 2525

    Friday 13 November
    5:30 pm
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Map & nearby places — 56 Preston Street, Figtree, NSW 2525

Explore 56 Preston Street, Figtree, NSW 2525 in 3D

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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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