Welcome to 113 Dundas Street, Preston, a unique property offering the perfect blend of residential comfort, commercial or development potential (STCA). This corner block spans approximately 450sqm and is currently leased for medical consulting that can be sold with vacant possession. This rare opportunity offers a permit for redeveloping to an extended Medical Centre with 5 medical suites. This versatile property can seamlessly transition between a home and a business.Inside, you'll find three spacious rooms, one bathroom, and two toilets, along with ample parking space for three cars. The interiors boast Baltic pine flooring, ducted heating, evaporative cooling, and two split systems, ensuring year-round comfort. Two fireplaces add a touch of warmth and charm to the living spaces.The well-appointed kitchen features an Artison dishwasher, a Germania stove and oven with a gas cooktop and electric oven, and elegant stone benchtops. The bathroom offers a luxurious spa bath, perfect for unwinding after a long day. Additional amenities include a shed/garage, rear access, and side walkway access, enhancing the property's functionality and convenience.Energy efficiency is a highlight with 11 solar panels, and an electric gate ensures security and ease of access. The exposed brick adds character and a timeless appeal to the property.Located moments away from High St Preston and Thornbury Train Station, the property offers excellent connectivity. The bus stop is right at your doorstep with the 251 bus taking you from Northland Shopping Centre to Melbourne CBD, or you can hop on the 552 bus to travel from Northcote Plaza to Reservoir. Penders Parklands are also nearby, providing green spaces for relaxation and recreation.Whether you're looking for a comfortable home or a strategic business location, 113 Dundas Street, Preston, offers endless possibilities. Don't miss out on this exceptional opportunity!
The size of Preston is approximately 11.5 square kilometres. It has 30 parks covering nearly 4.7% of total area. The population of Preston in 2016 was 32851 people. By 2021 the population was 33790 showing a population growth of 2.9% in the area during that time. The predominant age group in Preston is 30-39 years. Households in Preston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Preston work in a professional occupation.In 2021, 57.30% of the homes in Preston were owner-occupied compared with 56.70% in 2016.
Preston has 21,618 properties. Over the last 5 years, Houses in Preston have seen a 8.24% increase in median value, while Units have seen a 11.16% increase. As at 31 March 2026:
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