Name: Auction
Start: 2026-05-30T10:30:00.000Z
Location: 1-12/20 Cooper Street

Home

Melbourne

Preston

For Sale

1-12/20 Cooper Street, Preston, VIC, 3072

$4,500,000 - $4,900,000

BlockOfUnits

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13 days on the market

Next inspection:: Saturday 30 May 10:00 AM

View agent price guide

Inspection times

30th May

Saturday

10:00 AM - 10:30 AM

16th May

Saturday

9:00 AM - 9:30 AM

Auction time

30th May

Saturday

10:30 AM

What's around 1-12/20 Cooper Street

Calling all investors for this rare opportunity!

An investor's dream, this collection of apartments will take pride of place in any property portfolio, with their excellent rental returns and sub-division potential (STCA). Under the one title, this block of 12 apartments allows scope for improvement, each offering similar layouts revealing two spacious bedrooms serviced by a central bathroom/laundry plus great open plan kitchen, meals and living zone. There’s also the added benefit of each having their own access to off-street parking. Positioned in a blue-ribbon locale, within close proximity to the Preston Market, High Street shopping/dining, public transportation; Preston Train Station, parklands and numerous amenities. Total land size is 1,283sqm (approx.). Lease returns of approximately $260,000 per annum. - Rare opportunity to purchase 12 apartments under the one title. - Excellent land bank prospect, with scope to improve, subdivide to sell off individually or continue to keep as a rental investment. (STCA) - Blue ribbon location central to local shopping, schools, transport and parklands.