FOR SALE
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601 Gilbert Road
Preston VIC 3072

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 220m2
Land area: 323m2
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FREEHOLD WITH HOSPITALITY INFRASTRUCTURE DEVELOPMENT OPPORTUNITY S.T.C.A

• LAND 323 m2 Approx.
• BUILDING AREA 220 m2 APPROX
• REAR ACCESS TO BEER GARDEN
• COMMERCIAL 1 ZONE
• VACANT POSSESSION
• SUIT HOSPITALITY/EXISTING LIQUOR LICENCE
• INVEST, OCCUPY OR DEVELOP S.T.C.A
• HIGH PROFILE BUILDING
INSPECTIONS BY APPOINTMENT ONLY CONTACT
TOM MOSS 0412 330 660 OR 03 9489 6622

Property Details for 601 Gilbert Rd, Preston

Building Type
Commercial
Floor Size
220m2
Land Size
323m2

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About Preston 3072

The size of Preston is approximately 11.5 square kilometres. It has 30 parks covering nearly 4.7% of total area. The population of Preston in 2011 was 29,925 people. By 2016 the population was 32,865 showing a population growth of 9.8% in the area during that time. The predominant age group in Preston is 30-39 years. Households in Preston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Preston work in a professional occupation. In 2011, 60.2% of the homes in Preston were owner-occupied compared with 56.7% in 2016.

Preston has 20,887 properties. Over the last 5 years, Houses in Preston have seen a 16.39% increase in median value, while Units have seen a 15.51% increase. As at 31 October 2024:

  • The median value for Houses in Preston is $1,128,822 while the median value for Units is $619,019.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 73 properties listed for sale, and 45 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 754 properties were sold in the past 12 months in Preston.

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