1/595 Gilbert Road, Preston, VIC 3072 | Commercial for sale | OnTheHouse
 
FOR SALE

1/595 Gilbert Road
Preston VIC 3072

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 117m2
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A Versatile Commercial Opportunity in a High-Exposure Preston Location

Positioned along the well-established Gilbert Road commercial corridor in Preston, this property presents an exciting opportunity for owner-occupiers, investors and business operators seeking a foothold in Melbourne's vibrant northern suburbs.
Offering the potential to accommodate a range of commercial uses (STCA), the property provides an opportunity to establish a business presence in a convenient and accessible location, surrounded by established residential neighbourhoods, local businesses and everyday amenities.
With its prominent Gilbert Road address and connectivity to the broader Preston area, the property offers flexibility for those looking to secure a commercial premises for their own operations or explore its potential as an investment.
Property Highlights:
-Sought-after Preston location within Melbourne's northern suburbs
-Prominent Gilbert Road address
-Potential for a variety of commercial uses, subject to relevant approvals
-Appealing opportunity for owner-occupiers and investors alike
-Convenient access to surrounding residential areas, local shopping precincts and transport connections
-An opportunity to secure a commercial property in an established and evolving inner-northern location
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Property Details for 1/595 Gilbert Rd, Preston

Building Type
Commercial
Floor Size
117m2
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About Preston 3072

The size of Preston is approximately 11.5 square kilometres. There are 30 parks, covering nearly 4.7% of the 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 21,895 properties. Over the last 5 years, Houses in Preston have seen a -8.66% decrease in median value, while Units have seen a 3.80% increase. As at 30 September 2026:

  • The median value for Houses in Preston is $1,148,190 while the median value for Units is $637,633.
  • Houses have a median rent of $700 while Units have a median rent of $600.
There are currently 88 properties listed for sale, and 49 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 829 properties were sold in the past 12 months in Preston.

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Omer Koksal
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Ray White Glenroy
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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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