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13 Emerald Street

Preston VIC 3072

3
1
4
495 m²
House
Currently for sale - view listing

Overview

Preston Gem with Immediate Development Upside

Positioned in one of Preston's most tightly held and consistently evolving pockets, 13 Emerald Street presents an outstanding opportunity to secure a substantial 495sqm (approx.) allotment with significant future upside and immediate versatility. Offering approved plans and permits for two side-by-side townhouses, this is a rare chance to step straight into a ready-to-go development project in a location where demand for quality new homes continues to surge. For developers, the hard work has already been done. With plans in place, the site is primed for a streamlined build process, allowing you to capitalise on Preston's strong sales market and ongoing gentrification. The proposed dual-occupancy design maximises the land's potential while aligning perfectly with the surrounding streetscape of quality homes and modern developments. However, this property is not limited to developers alone. Homebuyers will also immediately recognise the appeal of the existing residence, which provides comfortable and functional living with the flexibility to move straight in, update over time, or simply enjoy as a well-located home in its own right. Renovators will see the opportunity to transform and enhance the current dwelling, further adding value in a high-growth suburb. The generous land size of approximately 495sqm provides a rare sense of space for the area, offering options that are increasingly hard to find in Preston. Whether you choose to redevelop, renovate, or retain and landbank, the flexibility here is a standout feature. Perfectly positioned, the home enjoys excellent access to local amenities including reputable schools, parklands, transport options and the vibrant retail and café precincts that Preston is known for. With High Street, Northland Shopping Centre and key transport links all within easy reach, the lifestyle convenience on offer is exceptional, further enhancing long-term desirability. This is a property that truly caters to a wide range of buyers-developers seeking a ready-to-go project, investors chasing strong growth fundamentals, or homebuyers wanting to secure a foothold in a premium inner-north location with outstanding future potential. Opportunities of this calibre, combining approved plans, generous land size and an exceptional location, are increasingly rare in Preston.

Features

3 bedrooms
1 bathroom
4 carspaces
3 open car spaces
1 garage space
495 m² lot size
House

Property history for 13 Emerald Street

2022
Rented
Undisclosed
Leased on 28 Jun 2022 by Raine & Horne Brunswick
2022
Sold
Undisclosed
Private Sale/Treaty on 09 Apr 2022 by Tony Elezovic, of Raine & Horne Brunswick

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 120 reviews in Preston over the last 12 months.

Local market activity for 3 bedroom houses in Preston

In the last 12 months, 152 three-bedroom houses similar to 13 Emerald Street, have been sold.

This represents a 23% increase in three-bedroom houses sales when compared to the previous 12 months.

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