Back 24 Nichol Street
Off Market

24 Nichol Street

Preston VIC 3072

3
2
2
645.51 m²
House
Matthew ZagamiMatthew Zagami, last sold this property on 11 February 2022 after 91 days on market.

Overview

Period Style Home With A Developmental Opportunity

Sold At Auction Under The Hammer In Excess Of $1,300,000 By Matthew Zagami 0414 751 998 Nestled in a quiet pocket of Preston, is a fantastic west facing art deco/brick veneer property that boasts all the local amenities including the potential to develop. Sitting on approximately 646sqm land approximately, secure yourself the perfect home in a highly sought-after location. What this property has on offer: -Quiet location -3 Bedrooms -2 Bathrooms -Plenty of car accommodate plus off-street parking -Ducted heating -Split system cooling & heating -Development potential (renovate existing or townhouses) Local amenities that are on offer: -Preston train station (1km) -Tram 86 (walking distance) -Multiple bus stops -Reputable primary & secondary school -Selection of restaurants & cafes -Preston Market This is an opportunity you do not want to miss! Rental return: $500 - $520 Per Week.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
645.51 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Preston over the last 12 months, the estimated median property value of 24 Nichol Street is $1.17m.

Median value
$1.17m
Estimated value range
$691k - $1.71m
Median days on market
25
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Preston. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 24 Nichol Street

2022
Sold
Undisclosed
Auction Sale on 11 Feb 2022 by Matthew Zagami, of Ray White Mernda

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 121 reviews in Preston over the last 12 months.

Local market activity for 3 bedroom houses in Preston

In the last 12 months, 153 three-bedroom houses similar to 24 Nichol 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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