{"Slug":"house-24-ruby-street-preston-vic-3072","CanonicalUrl":"https://realsearch.com.au/house-24-ruby-street-preston-vic-3072","Address":"24 Ruby Street, Preston, Vic 3072","Suburb":"Preston","State":"VIC","Postcode":"3072","PropertyType":"House","Status":"For Sale","Headline":null,"Description":"Positioned in a highly sought-after Preston location, 24 Ruby Street presents an exciting opportunity for first home buyers, investors, builders and developers.While the existing home is in need of further updating, the property offers buyers the flexibility to either enjoy the home as it stands, undertake further improvements over time, or explore the potential of the valuable land.For first home buyers, the property provides an opportunity to enter the tightly held Preston market with the added benefit of a bungalow and separate studio, while the existing improvements provide a solid starting point for further personalisation.For builders, developers and investors, the real value lies in the land, with potential to redevelop and build multiple units or townhouses (STCA), subject to council approval and planning requirements.The existing residence comprises 2 bedrooms, 2 bathrooms, a bungalow and a separate studio.Improvements Completed in the Last 5 YearsThe property has benefited from a number of improvements in recent years, including:•\tFloorboards throughout the entire house•\tRenovated bathroom•\tDucted heating•\tNew water heater•\tBrand-new wardrobe in the main bedroom•\tRenovated laundry, excluding the sink•\tSolar panels•\tLuxury portable bathroom•\tBrand-new stoveKey Features•\t2 bedrooms•\t2 bathrooms•\tBungalow•\tSeparate studio•\tDucted heating•\tFloorboards throughout•\tSolar panels•\tample storage•\tBrand-new stove•\tRenovated bathroom•\tRenovated laundry•\tValuable land with development potential•\tIdeal for first home buyers, investors, builders and developers•\tPotential for multiple units/townhouses (STCA)Nearby Amenities:Preston Central & High Street - approx. 4-5 minsPreston South Shopping Centre - approx. 5 minsNorthland Shopping Centre - approx. 6 minsHigh Street cafés, restaurants, bars & local shops - approx. 4-5 minsSchools & EducationPreston South Primary School - approx. 4 minsBell Primary School - approx. 5 minsPreston High School - approx. 5 minsCharles La Trobe P-12 College - approx. 6 minsNorthern College of the Arts & Technology - approx. 7 minsTransportBell Train Station - approx. 5 minsPreston Train Station - approx. 5 minsPlenty Road tram services - approx. 5-6 minsHigh Street tram & bus services - approx. 4-6 minsParks & RecreationA.H. Capp Reserve - approx. 4 minsH.P. Zwar Park - approx. 5 minsRay Bramham Gardens - approx. 5 minsT.A. Cochrane Reserve - approx. 6 minsMedical & HealthcarePreston Family Medical - approx. 5 minsComplete Care Preston - approx. 5 minsNorthern Hospital Epping - approx. 15-20 minsAustin Hospital - approx. 12-15 minsPrime Preston LocationEnjoy the convenience of established amenities, public transport, schools, parks, cafés and shopping all within easy reach. With excellent connectivity and strong demand for housing, 24 Ruby Street offers a rare opportunity to secure land in a tightly held Preston location and explore its future development potential (STCA).For developers and builders, the opportunity is in the land. Bring your vision and unlock the potential of this site.Photos are for illustrative purposes only.For more information or to arrange a private inspection, contact Ayomi on 0405 725 452.Due diligence checklist - for home and residential property buyers - http://www.consumer.vic.gov.au/duediligencechecklist","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"Reserve $760,000"},"Bedrooms":"4","Bathrooms":"2","Parking":"4","Features":[{"Name":"Bedrooms","Value":"4"},{"Name":"Bathrooms","Value":"2"},{"Name":"Carports","Value":"4"},{"Name":"Area","Value":"468 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.74468484,"Longitude":145.01635493,"Agent":{"Name":"Bobbym Kosuri","CanonicalUrl":"https://realsearch.com.au/agent/bobbym-kosuri"},"Agency":{"Name":"Bombay Real Estate Wollert, Mickleham, Craigieburn - WOLLERT  ","CanonicalUrl":"https://realsearch.com.au/agency/bombay-real-estate-wollert-mickleham-craigieburn-wollert"},"CreatedAt":"2026-08-22T06:55:11.2679138","UpdatedAt":"2026-09-09T08:14:54.8369628"}