274 Gilbert RoadPreston VIC 3072
Property Details for 274 Gilbert Rd, Preston
274 Gilbert Rd, Preston is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 495m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Preston in the last 12 months.
Last Listing description (September 2024)
** Private inspections available upon request**
Discover a piece of Preston history with this rare offering - a solid family home available for the first time in 70 years. The property at 274 Gilbert Road, Preston is a single dwelling on own title, boasting classical post-war architectural features, highlighted by distinctive Art Deco elements throughout. Meticulously maintained gardens and lawns evoke a bygone era, perfect for those appreciating historical charm.
Upon entering, the home impresses with a grand hallway showcasing 10-foot (3m approx) ceilings, ornate cornices, and carpet throughout. The light-filled formal lounge room retains its Art Deco allure with decorative cornices and an elegant ceiling inset. Adjoining is the formal dining room complete with decorative fireplace, continuing the home's character.
The spacious kitchen with meals area offers abundant storage options, complemented by a hallway featuring floor-to-ceiling cabinetry for linens or pantry use. A sunroom/study area adjoins the fourth bedroom, with a separate second toilet and laundry completing the home.
Outside, the property showcases lovingly tended lawns, established trees, rose gardens and plenty of space for outdoor dining and entertaining. Additional features include a lock-up shed, two workshops, and a garage with a shallow mechanics pit - ideal for car enthusiasts or creative endeavours.
Key features of the home include a gas heater, high 10ft (3m approx.) decorative ceilings, virgin floorboards under carpet, double brick, terracotta roof, and ample storage options. The corner block, spanning approximately 495sqm, offers a separate driveway and second driveway access through double gates, accommodating additional vehicles, caravan, or boat.
This property presents endless possibilities - restore it to its original glory, maintain its current charm, or personalize with modern updates and renovations (STCA).
Situated adjacent to prestigious Collins Street in Preston, enjoy the convenience of tram and bus stops at your doorstep with most amenities, Bell St, Preston Market, Melbourne Polytechnic within walking distance, and the CBD just a short tram ride away. Don't miss out on this opportunity to own a piece of history.
Land Size: 495sqm (approx.)
Age of Property: Circa 1936
Deposit: 10% of the purchase price
Settlement: 30/60/90 Days
Rental Return Estimate: $650pw - $700pw approx
Nearest Primary Schools: Preston West PS, St Raphael's PS, Bell PS, Preston PS
Nearest Secondary Schools: Preston HS, Thornbury HS, Parade College (Preston Campus) St John's Secondary College
Nearest Transport: Tram, Bus routes, Bell Train Station, Preston Train Station
Property History for 274 Gilbert Rd, Preston, VIC 3072
- 30 Aug 2024Sold for $1,140,000
- 18 Jul 2024Listed for Sale Not Disclosed
- 06 Aug 2010Transferred
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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 20,795 properties. Over the last 5 years, Houses in Preston have seen a 26.86% increase in median value, while Units have seen a 14.01% increase. As at 31 August 2024:
- The median value for Houses in Preston is $1,137,706 while the median value for Units is $613,074.
- Houses have a median rent of $613 while Units have a median rent of $500.
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