Back 416/2 Plenty Rd
Off Market

416/2 Plenty Rd

Preston VIC 3072

1
1
1
Apartment
Last sold for $345,000
Sahil BhasinSahil Bhasin, last sold this property on 20 April 2026 after 47 days on market.

Overview

20% Larger Than Most Oversized One-Bedroom with Rare Second Living Zone - Golden Triangle Living on the Thornbury Border

Positioned within the highly regarded golden tringle of Preston 10m from the Thornbury boarder, this oversized residence at 416/2 Plenty Road redefines what one-bedroom living can be. Measuring approximately 20% larger than most one-bedroom apartments, the home delivers a rare sense of scale, flexibility and long-term livability. From the moment you step inside, the proportions are immediately apparent, this is not a standard one-bedroom layout. Beyond the generous main living domain, a separate breakaway zone provides exceptional versatility. Whether utilised as a second lounge, a dedicated work-from-home study, or a formal dining area, this additional space significantly enhances functionality and reinforces the home's larger-than-average footprint. For professionals, first-home buyers or investors seeking a point of difference, this flexibility is invaluable. Hardwood flooring, rarely seen in apartment living introduces warmth and durability throughout the living spaces, while expansive glazing floods the interior with natural light and enhances the feeling of openness. The large lounge connects seamlessly to an impressive balcony, creating genuine indoor /outdoor flow ideal for entertaining or simply unwinding above the vibrancy of Plenty Road. The bedroom is defined by a striking glass wall, maintaining separation while allowing light to travel freely throughout the home, further amplifying the sense of space that comes with its 20% larger design. The bathroom continues this theme of generous proportions. Fully tiled from floor to ceiling, it offers a refined, hotel-inspired aesthetic complemented by quality fixtures and excellent storage. Unlike many one-bedroom apartments where bathrooms can feel compact or compromised, this space is deliberately oversized, delivering both comfort and practicality. Equally impressive is the oversized, fully separate laundry room, a true rarity in this category. Split-system heating and cooling ensure year-round comfort, completing a residence that balances architectural edge with everyday functionality. The location further elevates the opportunity. This prime location has benefited from the Victorian government's $3.1B level crossing removal project, with Oakover, Bell, Cramer, and Murray Road level crossing having all been removed. Bell Station is a short 700m walk to the north, which has recently joined the elite status on the Prix Versailles acclaimed list as one of the world's most beautiful stations. Other public transport options include the 86-tram available right at your front door, connecting you straight into the Dockland via the CBD or north towards RMIT and Latrobe universities all the way to Bundoora. This residence is moments from the world-renowned High-Street dining and entertainment precinct recently being voted the best street in the world by timeout magazine, with Preston South Shopping Centre, and the recently upgraded Northland Shopping Centre, which is now a hub for some of Melbourne's most well-known stores. Sahil Bhasin 0403 630 215

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Preston over the last 12 months, the estimated median property value of 416/2 Plenty Rd is $390k.

Median value
$390k
Estimated value range
$195k - $535.59k
Median days on market
39
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 416/2 Plenty Rd

2026
Sold
$345,000
Private Sale/Treaty on 20 Apr 2026 by Sahil Bhasin, of Bricks and Mortar RE
2021
Rented
Undisclosed
Leased on 25 Oct 2021 by Nelson Alexander Fitzroy
2018
Rented
Undisclosed
Leased on 05 Mar 2018 by Nelson Alexander Fitzroy

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 1 bedroom apartments in Preston

In the last 12 months, 83 one-bedroom apartments similar to 416/2 Plenty Rd, have been sold.

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

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