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88 Spring Street

Preston, VIC 3072, Australia
$1.35m
8 bed 2 bath 2 car470m²

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Area Price Guide
$1.27m$1.43m

Indicative price guide range

🏘️
78
Comparable
📊
$900,000
Area median
⚖️
+50%
vs median
📐
$2,872
Per m²
📏
470 m²
Land
🗓️
1 week ago
Listed

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About this property

Perfectly positioned in one of Preston's most convenient and connected pockets, this classic Cape Cod home delivers an exceptional opportunity for large or multi-generational families seeking space, flexibility and lifestyle convenience. Showcasing an expansive double-storey floorplan with multiple living zones and dual kitchens, this substantial residence offers a rare combination of character, functionality and versatile family living. The ground floor features a spacious formal living area upon entry, flowing through to a generous dining zone and separate lounge area adjoining a well-appointed kitchen with ample storage and meals space. Two oversized bedrooms, a central bathroom, full laundry and an extensive undercover entertaining area further enhance the practicality and comfort of the lower level. Upstairs continues to impress with six additional bedrooms with built-in robes, including a generous master bedroom, complemented by a second kitchen, large rumpus/living area, central bathroom and sunroom. Ideally configured for dual living, extended family accommodation or flexible lifestyle requirements, the layout offers outstanding separation and versatility rarely found in today's market. Currently leased at $895 per week until September 2026, this is also a secure investment opportunity with immediate rental income in place. Enjoy a premier lifestyle location within walking distance to the train station, local bus services, Gilbert Road trams, vibrant High Street cafés and dining, the renowned Preston Market, and Northland Shopping Centre. Surrounded by quality schools, parklands and everyday amenities, this exceptional location delivers the perfect balance of lifestyle, convenience and family living. Key Features · Classic Cape Cod style family home · Expansive double-storey floorplan · Eight spacious bedrooms with built-in robes · Multiple living and entertaining zones · Dual kitchens ideal for extended family living · Large upstairs rumpus and sunroom · Undercover outdoor entertaining area · Garage plus additional carport accommodation · Walk to trains, trams, buses and Preston Market · Currently leased at $895 per week until September 2026 · Convenient location near schools, shops, parks and transport

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $6,545/month
    $3,272 /fortnight
    Loan $1,080,000 at 6.10% over 30 years

    Upfront costs

    Deposit$270,000
    Stamp duty$74,250
    Conveyancing (est.)$2,000
    Total upfront$346,250
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    8
    Bathrooms
    2
    Parking
    2
    Land Area
    470m²
    Listed
    1 week ago

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