349 High Street, Preston, VIC 3072 | Commercial for rent | OnTheHouse
 
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349 High Street
Preston VIC 3072

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 292m2
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Flexible 292m²* Retail Space

RWC (Oakleigh) is pleased to offer 349 High Street, Preston for Lease.
Positioned along vibrant High Street within Preston's thriving retail and lifestyle precinct, this expansive 292m²* retail premises presents an outstanding opportunity for retailers, showroom operators, hospitality users or service-based businesses seeking exposure and functionality.
The property offers a large open plan layout with flexibility to configure to suit a wide range of occupiers. With 3 phase power and gas available, the premises is well suited to food operators, specialty retailers or businesses requiring higher power capacity. Rear roller door access via a loading dock provides practical delivery access, a rare feature for High Street retail.
Additional features include two air conditioning units, a front kitchenette area and internal amenities.
Property Features:
• Total building area | 292m²*
• Large open plan layout with flexible configuration
• 3 phase power and gas available
• Rear roller door access via loading dock
• High exposure frontage to busy High Street
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Property Details for 349 High St, Preston

Building Type
Commercial
Floor Size
292m2
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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 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 21,615 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.
There are currently 69 properties listed for sale, and 42 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 965 properties were sold in the past 12 months in Preston.

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Ryan Amler
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Ray White Commercial Oakleigh
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