107 Wood Street Preston VIC 3072

Corner allotment | near?new modern brick | 19m frontage | walk to Northland | multi?vehicle access This property presents a competitively strong, near?new unit on a corner allotment with a 19?metre frontage, a configuration rare for its typology that provides superior outdoor space and access. Its modern finishes, low?maintenance construction, and proximity to major retail and transport directly serve city?edge professionals or downsizers seeking space and convenience over inner?city proximity. This positions a buyer with a scarcity advantage in the segment. Decision hinges on resolving the conflicting historical data, which risks incorrect valuation and misaligned buyer expectations. A precise, current valuation and physical verification of the build are essential to mitigate this. Proceed only after confirming the exact specification and title. For this property, a Propcred report would establish its real market valuation, provide a due?diligence checklist for the construction discrepancies, and assess locality risks to inform insurance and holding strategy. One unit at this address sold for $705,000 at auction. An asking price of $760,000 is noted for a townhouse configuration. The area median for a 2?bedroom, 1?bathroom property is approximately $522,500. This spread suggests the subject property’s value is highly sensitive to its specific configuration and condition, with the higher figures likely reflecting its modern, near?new build and corner?block premium.