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113 Dundas St

Preston VIC 3072

3
1
3
450 m²
House
Currently for sale - view listing

Overview

"Endless Possibilities – Live, Work & Invest"

**SALE BY SET DATE CLOSING MONDAY 13TH JULY AT 5:00PM (UNLESS SOLD PRIOR)** Positioned on the coveted Thornbury border, directly opposite Thornbury and only moments from its renowned café, dining and lifestyle precincts, this unique property delivers the perfect combination of character, flexibility and future potential. Set on a prominent corner allotment of approximately 450sqm, this charming three-bedroom period home offers a rare opportunity to enjoy comfortable family living while benefiting from the versatility of an adjoining shopfront/studio space. Whether you're operating a business from home, creating a professional workspace, leasing the commercial component for additional income, or simply enjoying the extra room, the possibilities are endless, including medical, restaurant and café. In a market where flexibility has never been more valuable, the property presents an outstanding opportunity to live, work and generate supplementary income from the one address. Equally appealing to investors and developers, the site offers substantial future redevelopment potential (STCA), with scope to capitalise on its corner position and explore a multi-level development outcome. The home retains its timeless character with original timber flooring and charming period features throughout, while modern enhancements include heating and cooling, solar power, a lock-up garage and additional offstreet parking. Property Highlights • Coveted Thornbury-border location – directly opposite Thornbury • Character-filled three-bedroom period residence • Versatile shopfront/studio/home office with income potential • Ideal live-work opportunity • Potential to lease part of the property for supplementary income • Prime corner allotment of approximately 450sqm • General Residential Zone Schedule 2 (GRZ2) • Significant future redevelopment potential, including multi-level possibilities (STCA) • Heating and cooling throughout • Solar power system • Original timber floors and period features • Garage plus additional off- street parking Enjoy the best of both worlds – Preston affordability with Thornbury lifestyle appeal. Positioned moments from High Street's vibrant cafés, restaurants, bars, transport options and local amenities, this is a rare opportunity to secure a property offering lifestyle, income and long-term development upside in one of Melbourne's most tightly held inner-north locations.

Features

3 bedrooms
1 bathroom
3 carspaces
2 open car spaces
1 garage space
450 m² lot size
House

Property history for 113 Dundas St

2018
Sold
$1,040,000
Sold After Auction on 09 Feb 2018 by Gino Vernucci, of OBrien Real Estate Preston Reservoir

Happy sellers in Preston

95%
95% of sellers in Preston reported that their sale price either exceeded or met their price expectations.

Preston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 122 reviews in Preston over the last 12 months.

Local market activity for 3 bedroom houses in Preston

In the last 12 months, 158 three-bedroom houses similar to 113 Dundas St, have been sold.

This represents a 6% increase in three-bedroom houses sales when compared to the previous 12 months.

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