380 Plenty Rd, Preston, VIC, 3072

Permit Approved. Premium Preston Position. Six-Townhouse Opportunity on Plenty Road.

Land
Type

Last updated on Saturday, March 21, 2026 ( See property details for 380 Plenty Rd, Preston, VIC, 3072)

SALE $1,500,000 - $1,600,000

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A prime development site in Preston offering approved plans for six stylish townhouses in a high-demand, well-connected location.

🏡 Property Highlights

  • Approved plans for six architecturally designed townhouses
  • Prime high-growth corridor location on Plenty Road
  • Substantial allotment with ready-to-build development site
  • Well-designed mix of double-storey residences with natural light
  • Excellent connectivity to tram routes, shopping, and CBD
  • Turnkey development opportunity with permits in place

✨ Key Features

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

Preston is a vibrant suburb renowned for its strong community vibe, excellent transport links, and diverse shopping options. It offers a high-growth environment ideal for investors and developers, with proximity to major amenities like Northland Shopping Centre and Preston Market. The area boasts a mix of residential and commercial spaces, making it a highly desirable location for long-term growth. Local parks and quality schools add to its family-friendly appeal.

What is the zoning and planning status of this development site?
The site has approved plans for six townhouses, with permits in place, allowing for immediate development.
Are there any restrictions or covenants associated with this land?
Details regarding restrictions or covenants can be obtained from the local council or your planning consultant to ensure compliance.
What are the expected completion timelines for the approved development?
Timelines depend on the construction process, but with permits approved, development can commence promptly, subject to builder schedules.
Is there any existing infrastructure or services connected to the site?
The site benefits from existing access to essential services, including water, electricity, and sewerage, suitable for immediate development.
What are the potential risks or considerations for this development site?
Potential considerations include local planning regulations, site-specific conditions, and market demand, which should be reviewed with your development team.
Are there any hidden costs or additional fees associated with the development approval process? Has the site been surveyed for any easements, encumbrances, or zoning restrictions that could impact development? Are there any known environmental issues or site contamination concerns? What is the history of planning approvals and are there any pending applications or conditions? Is there any nearby construction or planned developments that could affect the project? Are there any bushfire or flood risks associated with the property? What are the strata or body corporate considerations if applicable? Are there any restrictions on building height, design, or land use in this zone? What are the local council requirements for development and compliance? Is the land suitable for the intended multi-dwelling project without significant remediation or upgrades?

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