480 Bell St, Preston is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 1915. The property has a land size of 482m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 4 bedroom House sold in Preston in the last 12 months.
Discover a haven of comfort, opportunity and versatility with this remarkable property, nestled in one of Preston's most sought after pockets. Boasting a renovated double storey Californian bungalow, plus a separately metered villa unit with ample car spaces for both, this is one you just can't miss!
Step inside this home to find two ground floor bedrooms one with a stunning bay window, central bathroom and North facing sun drenched open plan kitchen/living/dining with bi-folds flowing out to the perfect entertainer's deck and garden. Upstairs you will find an oversized third bedroom/retreat with ensuite, study space perfect for those working from home and double glazed windows.
With subdivision potential (STCA), the additional villa unit offers open plan kitchen/living/dining, bedroom with BIR's, stylish bathroom, laundry, spacious courtyard and lock up garage.
Huge potential for the astute buyer to capitalise on this amazing opportunity, with flexibility to live in the front home and comfortably rent out the villa, your options are endless!
Zoned to Bell Primary and Preston High, only steps to the iconic Preston Market, the lively High St cafe and restaurant precinct, Bell train Station, Gilbert Rd tram, multiple bus lines and the Merri Creek trails are close by.
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 21,622 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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