For Sale

380 Plenty Road, Preston, Vic 3072

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

Residential Land

Type

Published on Friday, March 20, 2026 ( See property details for 380 Plenty Road, Preston, Vic 3072)

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

View the agent price guide.

George Gimelli - Real Estate Agent - Ray White - Northcote

George Gimelli Premier Projects Sales

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AI Property Insight

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

A rare development opportunity in Preston featuring approved plans for six modern townhouses on a substantial, high-exposure allotment with excellent connectivity and amenities.

🏡 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
Modern façades with efficient, spacious floorplans
Excellent connectivity with tram routes and transport options
Close proximity to shopping, schools, parklands, and Preston Market

✨ Key Features

Open-Plan Living
Secure Parking
Waterfront / Views
Outdoor Area
Built-in Robes
Garage
Home Office / Study
Ceiling Fans
NBN / High-Speed Ready
Extra Storage (Shed/Linen)

Suburb and Property Insights of Preston, VIC 3072

Preston is a vibrant suburb renowned for its strong community vibe, excellent transport links, and diverse shopping options. It offers a mix of modern amenities and green spaces, making it ideal for families and investors alike. The area continues to experience high demand due to its proximity to Melbourne’s CBD and key infrastructure. With a thriving local market and ongoing development, Preston remains a top choice for property investment and lifestyle living.

Frequently Asked Questions

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.

What amenities and transport options are available nearby?

The property offers immediate access to tram routes, local shopping strips, Northland Shopping Centre, schools, parklands, Preston Market, and CBD-bound transport.

Is the development suitable for resale or long-term investment?

Yes, the modern design, strategic location, and strong market demand make it ideal for both resale and long-term investment strategies.

What are the potential uses for this land?

The land is suitable for multi-dwelling residential development, including townhouses, with options for building and selling, building and retaining, or land banking.

What to ask about this property to agent?

Are there any additional costs or fees associated with the development approval or permits? Are there any zoning restrictions or easements that could impact future development? Has a thorough site assessment been completed for soil stability and environmental factors? Are there any planned infrastructure projects or nearby developments that could affect the property? What are the potential flood or bushfire risks in this area? Is there any existing strata or body corporate management for the site? Are there any restrictions on building height or design due to local council regulations? Has a detailed feasibility study been conducted to confirm projected costs and returns?

Price guide

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380 Plenty Road, Preston, Vic 3072 - Point Of Interest

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Your Commute at a Glance: 380 Plenty Road, Preston, Vic 3072

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380 Plenty Road, Preston, Vic 3072

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