28 Murphy Grove
Preston, VIC 3072

Overview

Rare Preston Double Play: Character Home and Permits for 3 Townhouses

Whether you are seeking to renovate a classic home, hold land for future investment, or commence an immediate high-end development, this property at 28 Murphy Grove presents a unique opportunity. It combines a charming, liveable weatherboard residence with approved plans and permits for three architecturally designed townhouses.

The development project is shovel-ready, eliminating the usual planning delays. The endorsed plans feature a sophisticated triple-townhouse design characterized by modern architectural elements such as striking vertical cladding and elegant pitched roofs, ensuring the residences will stand out in the street.

Each townhouse is designed to maximize natural light with floor-to-ceiling glass and seamless indoor-outdoor transitions to private outdoor areas. The layout efficiently utilizes the deep allotment, providing privacy and generous landscaped courtyards for each home.

The existing residence offers classic charm and immediate comfort, ideal for living in or renting out while finalizing development plans. It features period details including polished timber floorboards, high ceilings, and ornate ceiling roses throughout.

The flexible floor plan includes two spacious bedrooms: a master bedroom measuring approximately 4.0 by 3.6 meters and a second bedroom around 3.3 by 3.1 meters, both providing ample space. The living areas comprise a bright living room (3.6 by 4.2 meters) equipped with split-system air conditioning and a separate formal dining room (3.6 by 3.8 meters) with a wall heater.

The kitchen and meals area is functional and well-equipped, measuring about 4.3 by 4.1 meters, and includes modern appliances such as a dishwasher and oven. The large backyard features an entertaining deck and a standalone single garage/workshop measuring approximately 3.3 by 6.5 meters.

Located in the heart of Preston, this property is positioned within one of the northern suburbs' most consistent growth corridors. It is close to vibrant cafes, local schools, and extensive parklands. Excellent public transport options provide a direct and convenient commute to Melbourne's CBD.

This rare triple-threat development site offers the choice to build your dream homes or hold the property for future investment. The endorsed plans and permits are ready, making this an exceptional opportunity in a premium pocket of Preston.

For further information, including the full information pack with endorsed plans and permits, interested parties are encouraged to make enquiries. Whether you plan to start construction yourself or prefer to land-bank the existing home, this property offers versatile options to suit your needs.

Location