40 Victoria Street, Preston VIC 3072

Located on the south side of Bell Street in a location offering seamless access to excellent local schools including Preston South Primary, Sacred Heart and Thornbury High School, numerous parks, Plenty Road and High Street bars, cafes and trams, Northland Shopping Centre, Preston Market and bus services, it's the perfect blue-chip setting to build out this outstanding permit consisting of three townhouses, 2 X 3 bedroom, 2 bathroom and 1 X 2 bedroom, 2 bathroom, all enjoying there own titles and street frontages.

With so many options, from building out the permit to enjoying a wonderful home, you might need some time to decide the best course of action, so it's a good thing the existing single-level, three-bedroom home is presented in pristine condition and allows you to either live in it immediately or lease it out and develop in the future.

Bursting with the charm of its period era, this light and bright home introduces an elegant lounge room before arriving at the open-plan kitchen/dining area set against a calming garden backdrop.

A neat central bathroom comfortably services the three generous-sized bedrooms, while gas heating, split-system air-conditioning, original stained timberwork, polished hardwood timber floorboards and a huge child-friendly backyard (with garage accessed via Mornane Street) add further appeal.

So, what's your vision?