2 Malcolm Street Preston, VIC 3072

Bursting with character and potential on an excellent 585sqm (approx.) allotment that enjoys a generous north-facing backyard, step inside and feel inspired to transform this blank canvas three-bedroom charmer into a modern marvel.

Enjoying such generous land dimensions in a sought-after Preston pocket on the footsteps of Coburg Hill makes redevelopment an obvious choice, be it a pair of contemporary townhouses or your dream family home (STCA).

Comprising a separate formal dining room, north-facing open-plan living area with a well-appointed timber kitchen equipped with a 600mm stainless steel upright cooker, spacious bedrooms, main family bathroom and wonderful high ceilings that tower above the polished timber floorboards underfoot, move straight in and call it "home" and make your mark straight away or in the future.

The home's immediately liveable state also means it's possible to lease it out as a long-term investment or in the short-term whilst plans and permits are being approved.

As a future resident of this five-star neighbourhood, you get to enjoy walking distance access to the Coburg Hill shopping precinct, Cox Reserve, Newlands Primary School and trendy Gilbert Rd cafes and trams along with convenient access to scenic Coburg Lake, the No.1 tram along Nicholson St and the bustling High St and Sydney Rd shopping and dining strips.

Whatever vision you have in store for this fantastic home, you won't put a foot wrong here!