12-14 Sheffield Street
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About this property
Set on an extraordinary 1,680sqm (approx.) allotment in one of Preston's most tightly held pockets, 1214 Sheffield Street presents a rare and exciting opportunity for developers, investors, and visionary buyers alike. Opportunities of this scale are few and far betweenoffering outstanding scope to subdivide, redevelop, or create a landmark multi-dwelling project (STCA). Positioned in a highly sought-after, family-friendly location, the property combines impressive land size with unbeatable convenience. Whether you're looking to capitalise on the strong local demand or landbank for future growth, this is a blue-chip investment you won't want to miss. Property Highlights: - Enormous 1,680sqm (approx.) landholding - Exceptional development potential (STCA) - Wide frontage with flexible design possibilities - Ideal for multi-unit/townhouse redevelopment - Rare opportunity in a rapidly growing locale Enjoy the lifestyle benefits of being moments from local schools, parklands, public transport, and the vibrant Preston precinct, including cafes, restaurants, and shopping options. With land of this calibre becoming increasingly scarce, this is your chance to secure a truly significant parcel in a premium inner-north location. Unlock the possibilities and make your mark in Preston.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 6
- Bathrooms
- 3
- Parking
- 4
- Land Area
- 1680 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Preston
This 6-bedroom house in Preston, VIC 3072 sits within reach of public transport, local shops and nearby schools. It is listed 233% above the $945,000 median of 51 comparable houseswithin 5 km.
Schools near Preston
- East Preston Islamic Collegecombined · Prep-12 · CoEd
- St John's College Prestoncombined · Prep-12 · CoEd
- Bell Primary Schoolprimary · Prep-6 · CoEd
- Newlands Primary Schoolprimary · Prep-6 · CoEd
- Preston Primary Schoolprimary · Prep-6 · CoEd
- Preston South Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Preston 2 (train) — 1.0 km away
- Bell Automotive Group — 1.8 km away
- L.W. Williams Reserve — 575 m away
- Unnamed — 722 m away
- Walter Reserve — 1.3 km away
Preston at a glance
Full suburb profile- Population
- 33,790
- Median age
- 37
- Household income
- $1,844/wk
- Median rent
- $392/wk
- Median mortgage
- $2,000/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Preston price trend
Median sold · House 3 bed
Compound growth -0.6% / yr over 4 yrs
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Price history
Listing price changes
2 price changes recorded for this property
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