120 Chifley Drive, Preston, VIC 3072 | Property Value & History | OnTheHouse
 
OFF MARKET

120 Chifley Drive
Preston VIC 3072

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 33122m2
Improve this data
We do not have enough data to display the calculated estimate for this property.
Share
Save

Property Details for 120 Chifley Dr, Preston

Building Type
Commercial
Land Size
33122m2
Local Government
Darebin
Lot/Plan
1/PS413229

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.

Show More

Property History for 120 Chifley Dr, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$8,600,000
16 Jul 1998
Listed for Rent
$17k/w
24 Feb 2023
  • 16 Mar 2022
    Listed for Rent - Price not available
  • 16 Jul 1998
    Sold for $8,600,000
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 21,601 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.
There are currently 60 properties listed for sale, and 57 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 943 properties were sold in the past 12 months in Preston.

Preston Profile Page

Suburb Insights for Preston 3072

Visit Preston profile page
Market Insights
Preston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Preston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Preston profile page
Cotality Copyright and Legal Disclaimers about Property Data

© 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.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED