2-4 Elm Street, Preston, Vic 3072

$1,600,000 - $1,760,000

Residential Land
Type
1,161 m²
Area

Published on Tuesday, October 13, 2026 ( See property details for 2-4 Elm Street, Preston, Vic 3072)

$1,600,000 - $1,760,000

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

A prime 1,161 sqm residential land parcel in Preston, offering excellent development potential in a well-connected and vibrant community.

🏡 Property Highlights

  • Prime development opportunity in Preston with 1,161 sqm of residential land
  • Excellent frontage of 62 meters for versatile building options
  • Highly connected location with easy access to shops, cafes, and public transport
  • Close proximity to Northland Shopping Centre, just a 2-minute walk
  • Zoned under General Residential Schedule 2, suitable for various development projects
  • Well-established suburb offering vibrant community and lifestyle amenities

✨ Key Features

  • Single Storey
  • Fencing
  • Open-Plan Living
  • Built-in Robes
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Fully fenced
  • Water tank

Preston is a vibrant Melbourne suburb renowned for its diverse community, excellent transport links, and proximity to major shopping centres. It offers a mix of residential, retail, and recreational amenities, making it ideal for families, professionals, and investors alike. The area boasts a strong sense of community, with easy access to parks, schools, and public transport options, ensuring a convenient and lively lifestyle. Its strategic location in Melbourne’s north makes it a sought-after spot for development and investment opportunities.

What types of development are permitted on this land?
The property is zoned under General Residential Schedule 2, allowing for a range of residential development options, subject to council approval and compliance with local planning regulations.
Are there any restrictions or covenants on the land?
Details regarding restrictions or covenants can be obtained from the local council or the vendor's legal representative to ensure compliance with all planning and development guidelines.
What utilities are available on the property?
The land is equipped with NBN / High-Speed internet connectivity and a water tank, with other utilities such as electricity and sewerage available through local service providers.
Is the land suitable for building a single or multiple dwellings?
Given the size and zoning, the land is suitable for various development configurations, including single or multiple dwellings, subject to council approval.
What is the condition of the fencing and boundary features?
The property features a single building with associated fencing, which can be inspected for condition and suitability during a site visit.
Are there any existing planning permits or approvals in place for development on this land? Are there any easements, covenants, or restrictions that could affect development plans? Has a recent land survey been conducted to confirm boundaries and frontage measurements? Are there any known issues with drainage, flooding, or soil stability on the site? What are the council rates and potential development levies applicable to this property? Is there any nearby construction or planning activity that could impact future development or living conditions? Are there any environmental or heritage considerations affecting the site? What are the zoning regulations and building height restrictions for this land? Are there any existing utilities or infrastructure upgrades planned for the area? Is the property subject to any strata or community title arrangements?

2-4 Elm Street, Preston, Vic 3072 - More Details

$1,600,000 - $1,760,000

Welcome To Elm St!

Positioned in the well-connected suburb of Preston, 2–4 Elm Street presents an exciting opportunity to secure a development opportunity in one of Melbourne’s established northern suburbs.

Enjoy easy access to local shops, cafés, schools, public transport and the wider Preston community, with the area offering a vibrant blend of convenience and lifestyle appeal.

Whether you are considering your next development project or looking to invest in a sought-after location, this property is well worth exploring.

Key Features:

Total size: 1161sqm
Frontage: 62m
Zoning: General Residential Schedule 2
Single building and associated fencing
2 minutes walk to Northland Shopping Centre

Please be in touch for more information.

All measurements are approximate
Type
Residential Land
Area
1,161 m²

Price guide

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Map & nearby places — 2-4 Elm Street, Preston, Vic 3072

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  • Nearby schools, parks, shopping, transport, health & dining
  • Walking & driving routes with travel time from the front door
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