Back 2A Watson Street
Off Market

2A Watson Street

Preston VIC 3072

4
2
4
547 m²
House
Ian DempseyIan Dempsey, last sold this property on 24 July 2025 after 128 days on market.

Overview

A Unique Opportunity Not to Be Missed - With Parking Galore!

Superbly positioned in a sought-after pocket of Preston, 2A Watson Street presents a rare and exciting opportunity for both homebuyers and developers alike. Set on approximately 547m² of prime land, this property offers exceptional potential to create a bespoke family residence or explore future development options (STCA) in one of Melbourne's most desirable inner-north suburbs. Currently occupying the site is an original home, presenting a range of possibilities for those looking to renovate, extend, or completely rebuild to suit their vision. The generous block size provides ample room for landscaping, outdoor entertaining, or even multi-dwelling development (STCA), making this a truly versatile offering. The location is equally impressive, with excellent access to public transport including Tram 86 (Plenty Road), Bell Train Station and Bell Street Busses 513 & 514, ensuring effortless connectivity to the CBD and surrounding suburbs. Everyday conveniences such as Preston Market, Northland Shopping Centre, local schools, and parklands are all within easy reach, while the vibrant dining, café, and retail scene along High Street further enhances the appeal of this exceptional address. For anyone with teenagers that drive, there is plenty of space within the home and outside for their cars. Whether you're a business with a truck or if you have trailers or jetskis caravans, there is plenty of parking for all here Whether you are a family seeking the perfect location to build your forever home or a developer looking to maximise the potential of a substantial landholding, 2A Watson Street represents a rare chance to secure a valuable slice of Preston's future. Opportunities of this calibre, in such a well-established and thriving location, are increasingly rare and highly sought after.

Features

4 bedrooms
2 bathrooms
4 carspaces
2 open car spaces
2 garage spaces
547 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Preston over the last 12 months, the estimated median property value of 2A Watson Street is $1.42m.

Median value
$1.42m
Estimated value range
$895k - $2.95m
Median days on market
25
Estimated value trend
1%
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 2A Watson Street

2025
Sold
Undisclosed
24 Jul 2025 by Ian Dempsey, of Ray White Preston

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 4 bedroom houses in Preston

In the last 12 months, 91 four-bedroom houses similar to 2A Watson Street, have been sold.

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