2/74 Wood Street, Preston, Vic 3072

AUCTION $600,000 - $660,000

Townhouse
Type
2
Bedrooms
1
Bathrooms
1
Parkings
82 m²
Area

Published on Wednesday, October 07, 2026 ( See property details for 2/74 Wood Street, Preston, Vic 3072)

AUCTION $600,000 - $660,000

Ian Dempsey DIRECTOR | CHAIRMAN'S ELITE SENIOR SALES
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A stylish two-bedroom townhouse offering spacious, light-filled living, a private outdoor terrace, and a prime Preston location ideal for first home buyers, downsizers, and investors.

🏡 Property Highlights

  • Genuine space and natural light in a compact townhouse
  • Private outdoor terrace with privacy screening
  • Thoughtfully designed layout with bedrooms upstairs and living downstairs
  • Bright, airy open-plan living with soaring raked ceilings
  • Well-appointed kitchen with modern appliances and ample storage
  • Prime location close to shopping, schools, parks, and transport

✨ Key Features

  • Outdoor Area
  • Built-in Robes
  • Dishwasher
  • Open-Plan Living
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Undercover parking
  • Pet-Friendly

Preston is a vibrant suburb renowned for its diverse dining options, excellent shopping at Northland Shopping Centre, and convenient transport links. It offers a lively community atmosphere with parks, schools, and cultural venues nearby. The area is ideal for those seeking a balanced lifestyle with easy access to Melbourne’s CBD. Its walkability and local amenities make it a highly desirable place to live, whether for families, professionals, or investors.

What is the layout of the townhouse?
The townhouse features bedrooms located privately on the ground floor and an open-plan living and dining area upstairs with soaring ceilings and abundant natural light.
Does the property have outdoor space?
Yes, it boasts a large, fully tiled private terrace that functions as an outdoor courtyard, perfect for entertaining and relaxing.
What amenities are nearby?
The property is close to Northland Shopping Centre, local schools including Preston North East Primary School, parks, public transport options, and Preston station.
Is the property suitable for investors?
Yes, its prime location, low-maintenance design, and strong rental appeal make it an excellent investment opportunity.
What features enhance comfort and security?
The home includes built-in robes, fly screens, security screens, a split system in the main bedroom, and undercover off-street parking.
Are there any upcoming plans for nearby development or construction that could affect the property? What are the strata or body corporate fees and regulations, if applicable? Are there any known issues with the property, such as structural defects or pest problems? Is the property compliant with all local zoning and planning regulations? What are the flood or bushfire risks in this area? Are there any easements or restrictions on the property that could impact future renovations or use? What are the ongoing costs for maintenance, council rates, and utilities? Is there any history of flooding or drainage issues on the property? Are there any noise or nuisance concerns from neighboring properties? Has the property been recently renovated or updated to current standards?

2/74 Wood Street, Preston, Vic 3072 - More Details

AUCTION $600,000 - $660,000

Set within a small group of just a handful of homes, this two-bedroom townhouse delivers something most properties at this level can't: genuine space, natural light and a private outdoor area big enough to actually use, all in one of Preston's most convenient pockets.

The clever part is the layout. With both bedrooms positioned privately on the ground floor and the living zone upstairs, the home separates rest from everyday living in a way that simply works. It's a design that feels bigger than it is and gives you flexibility most two-bedroom homes don't offer.

Upstairs is the showstopper. Soaring raked ceilings and highlight windows draw light deep into the open-plan living and dining zone, while polished timber floors run underfoot. It's bright, airy and far more generous than you'd expect, with plenty of room for a full lounge setting and dining table without feeling tight.

The kitchen is well appointed and built for real use. A functional U-shaped layout offers abundant bench and cupboard space, a glass splashback, gas cooktop, under-bench oven, stainless steel dishwasher and a dedicated pantry and fridge cavity. Whether you're cooking for two or hosting a crowd, it handles it.

Sliding doors open from the living area to the home's standout feature: a large, fully tiled terrace. Privacy screening makes it feel completely secluded, and there's genuine room out here for an outdoor table, lounge setting and plants. It functions like a courtyard, but with the light and outlook of being up high, and with no lawn to mow or garden beds to maintain.

Downstairs, both bedrooms are well proportioned with built-in robes, the main including its own split system for year-round comfort. They're serviced by a central bathroom with a frameless glass shower, floating vanity and quality tiling, with a separate laundry provision keeping things practical.

Completing the package is undercover off-street parking, with additional outdoor space behind the carport.

The location is the real drawcard. Northland Shopping Centre is just moments away for retail, dining and cinemas, while Preston North East Primary School is around 300 metres from your door and Northern College of the Arts and Technology roughly 500 metres away, with Reservoir High School within easy reach. Local parklands sit close by, buses run nearby, and Preston station is a short drive, putting the CBD within comfortable reach, along with Preston Market, High Street's cafés and the Bell Street precinct.

Light, space, storage and a private outdoor retreat in a prime position. For first home buyers, downsizers and investors alike, this one is easy to love and even easier to live in.
Type
Townhouse
Bedrooms
2
Bathrooms
1
Parkings
1
Area
82 m²

Price guide

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Inspections times

  • Inspection tomorrow 7:00 pm

    Thursday 8 October
    7:00 pm - 7:30 pm
  • Inspection Sat 10 Oct 9:00 am

    Saturday 10 October
    9:00 am - 9:30 am
  • Inspection Wed 14 Oct 7:00 pm

    Wednesday 14 October
    7:00 pm - 7:30 pm
  • Inspection Sat 17 Oct 2:00 pm

    Saturday 17 October
    2:00 pm - 2:30 pm
  • Inspection Thu 22 Oct 6:00 pm

    Thursday 22 October
    6:00 pm - 6:30 pm

Auctions

  • 2/74 Wood Street, Preston, Vic 3072

    Saturday 31 October
    12:00 pm
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