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380 Plenty Rd

Preston VIC 3072

Land
Currently for sale - view listing

Overview

Permit Approved. Premium Preston Position. Six-Townhouse Opportunity on Plenty Road.

Positioned in one of Preston's most connected and high-growth corridors, this exceptional development site at 380 Plenty Road presents a rare opportunity to secure a fully considered multi-dwelling project with strong upside. Set on a substantial allotment with approved plans for six architecturally designed townhouses, the hard work has already been done, allowing builders, developers and savvy investors to step straight into a ready-to-deliver project. The design showcases a well-balanced mix of functional layouts, incorporating spacious living zones, multiple bedrooms, private open spaces and secure garaging, all tailored to meet the demands of today's market. The development comprises a thoughtfully planned configuration with a mix of double-storey residences, each designed to maximise natural light, street presence and internal flow. With modern façades and efficient floorplans, the project is perfectly suited for both resale and long-term investment strategies. Located directly on Plenty Road, the property benefits from immediate access to tram routes, local shopping strips, Northland Shopping Centre, quality schools and parklands, all while being only moments from Preston Market and the CBD-bound transport options. This is a location that consistently performs and continues to see strong buyer demand. Whether you're looking to build and sell, build and retain, or land bank with a permit in place, opportunities of this calibre in such a high-exposure position are increasingly hard to secure. A turnkey development opportunity in the heart of Preston, ready for your next project.

Features

Land

Property history for 380 Plenty Rd

2017
Rented
Undisclosed
Leased on 17 Nov 2017 by Love & Co Real Estate - Thomastown
2017
Sold
$1,275,000
Private Sale/Treaty on 24 Jan 2017 by Noel Crouch, of Love & Co Real Estate - Preston
2016
Rented
Undisclosed
Leased on 18 Jul 2016 by Love & Co Real Estate - 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 land plots in Preston

In the last 12 months, 1 land similar to 380 Plenty Rd, have been sold.

This represents a 50% increase in land plots sales when compared to the previous 12 months.

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