120 Chifley DrivePreston VIC 3072
Property Details for 120 Chifley Dr, Preston
Last Listing description (March 2023)
JLL is excited to exclusively present for sub-lease 120 Chifley Drive, Preston. This prominent 8,225sqm* versatile and high clearance warehouse is situated on a 33,118sqm* site offering four points of entry to the property over three street frontages. This includes substantial exposure to both Chifley Drive & Murray Road.
Currently occupied by Bunnings who will be relocating to nearby premises, the subject property benefits from proximity to major amenities such as Northland Shopping Centre and is located approximately 9KM from the Melbourne CBD, 12KM for the Port of Melbourne and 16KM from the Melbourne Airport. Furthermore, the inner north location allows immediate access to densely populated residential catchments, making it a compelling offering to a wide range of users such as e-commerce operators, last mile logistics, 3 PL's or large format retail.
The property currently offers;
33,118sqm* site area
High clearance 8,225sqm* functional warehouse
In excess of 3,000sqm* of outdoor canopy
Multiple on grade roller shutter doors
Ample car parking and truck movement.
Please contact the below agents for further detail or to arrange an inspection.
*Approx.
Property History for 120 Chifley Dr, Preston, VIC 3072
- 16 Mar 2022Listed for Rent - Price not available
- 16 Jul 1998Sold for $8,600,000
Recent sales nearby
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0About 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 2016 was 32851 people. By 2021 the population was 33790 showing a population growth of 2.9% 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 2021, 57.30% of the homes in Preston were owner-occupied compared with 56.70% in 2016.
Preston has 21,610 properties. Over the last 5 years, Houses in Preston have seen a 16.08% increase in median value, while Units have seen a 10.01% increase. As at 28 February 2026:
- The median value for Houses in Preston is $1,251,239 while the median value for Units is $636,892.
- Houses have a median rent of $650 while Units have a median rent of $550.
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