1-7 Chifley DrivePreston VIC 3072
Property Details for 1-7 Chifley Dr, Preston
Last Listing description (October 2023)
CBRE & Killen Thomas are pleased to exclusively present this four (4) lot land subdivision in one of Melbourne's premier industrial precincts.
For Sale via Expressions of Interest Closing Thursday 23rd November at 3pm (AEDT).
Key Highlights include:
+ Lot sizes: 2,359sqm* - 3,729sqm*
+ All lots fronting Chifley Drive
+ Only four (4) lots on offer
+ Services to each lot
+ Several development outcomes (STCA)
+ Zoned industrial 3 (IN3Z)
+ Titles anticipated Q2 2024
+ Buy one or buy multiple lots
Located only 7.75km* from Melbourne's CBD, the site is strategically positioned within the inner northern growth corridor, providing strategic last-mile logistics benefits from its excellent connectivity to surrounding arterials that service the neighbouring residential catchment.
The site is surrounded by an abundance of amenities, within direct proximity of the Northland Shopping Centre, Thornbury Railway Station, and the Bell Street Activity Centre (Bunnings, JB Hi-Fi, Amart, Rebel, Total Tools).
For further details on this property or your commercial property needs, please contact the marketing agents.
approx*
Property History for 1-7 Chifley Dr, Preston, VIC 3072
- 26 Oct 2023Listed for Sale Contact Agent
- 25 Nov 2019Listed for Rent - Price not available
- 12 Sep 2019Sold for $4,510,000
Recent sales nearby
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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 21,598 properties. Over the last 5 years, Houses in Preston have seen a 19.15% increase in median value, while Units have seen a 13.68% increase. As at 31 December 2025:
- The median value for Houses in Preston is $1,235,570 while the median value for Units is $633,025.
- Houses have a median rent of $625 while Units have a median rent of $550.
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