{"Slug":"block-of-units-1-12-20-cooper-street-preston-vic-3072","CanonicalUrl":"https://realsearch.com.au/block-of-units-1-12-20-cooper-street-preston-vic-3072","Address":"1-12/20 Cooper Street, Preston, Vic 3072","Suburb":"Preston","State":"VIC","Postcode":"3072","PropertyType":"Block Of Units","Status":"For Sale","Headline":null,"Description":"An investor's dream, this collection of apartments will take pride of place in any property portfolio, with their excellent rental returns and sub-division potential (STCA). Under the one title, this block of 12 apartments allows scope for improvement, each offering similar layouts revealing two spacious bedrooms serviced by a central bathroom/laundry plus great open plan kitchen, meals and living zone. There’s also the added benefit of each having their own access to off-street parking. Positioned in a blue-ribbon locale, within close proximity to the Preston Market, High Street shopping/dining, public transportation; Preston Train Station, parklands and numerous amenities. Total land size is 1,283sqm (approx.). Lease returns of approximately $260,000 per annum.- Rare opportunity to purchase 12 apartments under the one title.- Excellent land bank prospect, with scope to improve, subdivide to sell off individually or continue to keep as a rental investment. (STCA)- Blue ribbon location central to local shopping, schools, transport and parklands.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"$4,500,000 - $4,900,000"},"Bedrooms":"24","Bathrooms":"12","Parking":"12","Features":[{"Name":"Bedrooms","Value":"24"},{"Name":"Bathrooms","Value":"12"},{"Name":"Carports","Value":"12"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.7349914,"Longitude":144.9973224,"Agent":{"Name":"Jason Salan","CanonicalUrl":"https://realsearch.com.au/agent/jason-salan-5"},"Agency":{"Name":"Fletchers - Inner North","CanonicalUrl":"https://realsearch.com.au/agency/fletchers-inner-north"},"CreatedAt":"2026-04-29T06:58:34.7606546","UpdatedAt":"2026-05-29T15:20:52.2754273"}