113 Dundas Street, Preston, VIC, 3072, Australia

**SALE BY SET DATE CLOSING MONDAY 13TH JULY AT 5:00PM (UNLESS SOLD PRIOR)**

Positioned on the coveted Thornbury border, directly opposite Thornbury and only moments from its renowned café, dining and lifestyle precincts, this unique property delivers the perfect combination of character, flexibility and future potential.
Set on a prominent corner allotment of approximately 450sqm, this charming three-bedroom period home offers a rare opportunity to enjoy comfortable family living while benefiting from the versatility of an adjoining shopfront/studio space. Whether you're operating a business from home, creating a professional workspace, leasing the commercial component for additional income, or simply enjoying the extra room, the possibilities are endless, including medical, restaurant and café.
In a market where flexibility has never been more valuable, the property presents an outstanding opportunity to live, work and generate supplementary income from the one address. Equally appealing to investors and developers, the site offers substantial future redevelopment potential (STCA), with scope to capitalise on its corner position and explore a multi-level development outcome.
The home retains its timeless character with original timber flooring and charming period features throughout, while modern enhancements include heating and cooling, solar power, a lock-up garage and additional offstreet parking.
Property Highlights
• Coveted Thornbury-border location – directly opposite Thornbury
• Character-filled three-bedroom period residence
• Versatile shopfront/studio/home office with income potential
• Ideal live-work opportunity
• Potential to lease part of the property for supplementary income
• Prime corner allotment of approximately 450sqm
• General Residential Zone Schedule 2 (GRZ2)
• Significant future redevelopment potential, including multi-level
possibilities (STCA)
• Heating and cooling throughout
• Solar power system
• Original timber floors and period features • Garage plus additional off-
street parking
Enjoy the best of both worlds – Preston affordability with Thornbury lifestyle appeal. Positioned moments from High Street's vibrant cafés, restaurants, bars, transport options and local amenities, this is a rare opportunity to secure a property offering lifestyle, income and long-term development upside in one of Melbourne's most tightly held inner-north locations.