19 Railway Place, Preston VIC 3072

Astute investors and developers are afforded an amazing opportunity to purchase a prized corner block that's ripe with potential on the Thornbury fringe!

With a generous 415sqm (approx.) of space to work with, coupled with a central location that's only a short stroll to St John's College, Bell train station, parks and trendy High St cafs, only moments to Preston Market and the 86 tram, this outstanding property offers a blank canvas to those with creative minds who see the undoubted potential development or new home site in a popular location (STCA).

The sizeable allotment currently accommodates a single-level 3 bedroom home that could be leased to generate a passive income stream whilst plans and permits are being approved. And if you're handy with hammer and creative with a paintbrush, there's also scope to renovate the existing home into a modern masterpiece.

Talk about a corner of opportunity!