2/72-74 Chifley Drive, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

2/72-74 Chifley Drive
Preston VIC 3072

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 395m2
Land area: 405m2
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Property Details for 2/72-74 Chifley Dr, Preston

Building Type
Commercial
Floor Size
395m2
Land Size
405m2
Local Government
Darebin
Lot/Plan
2/SP28229

Last Listing description (July 2023)

INSPECT BY APPOINTMENT ONLY

HARD AT WORK ... in highly-sought Preston Industrial Estate, this architectural office-warehouse offers prosperity & peace-of-mind in equal measure with a blue-chip tenant in place on rewarding terms. Positioned in a high-profile corner position with an eye-catching grid of wraparound windows to appeal to tenants & their clients alike, these well-presented premises are styled to provide an impressive balance of office & warehouse space.

- 180sqm* of stylish office space

- impressive window-walled reception area
- open-plan & enclosed office areas
- high-windowed meeting-room/showroom
- high-quality kitchen & bathroom facilities
- 200sqm* warehouse space, up to 5.8m high clearance
- sizable mezzanine with good access & natural light
- on-site parking for 8 cars & tilt-door access
- zoning Industrial 3 (IN3Z)
- leased to a successful property maintenance & tender fulfillment group
- 3 Year Lease commencing 1st February 2022 with a further 3 year option.

- edging Bell Sts neighbourhood of large retail, service & hospitality businesses
- approx 5 minutes to Northland shopping centre
- around 25 mins to the CBD

- less than 30 minutes to Tullamarine airport via Bell St & Tullamarine Fwy

Secure your place in one of Prestons most stylish & tightly-held business parks.
Benefit from the excellent tenancy in place right now.
Enjoy the peace-of-mind that comes with consistent rental demand.

For further details or to arrange an inspection please do not hesitate to contact our office.

*NB All prices exclude GST unless otherwise stated and all sizes are approximate.

Property History for 2/72-74 Chifley Dr, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,190,000
08 Mar 2023
Listed for Rent
24 Feb 2022
  • 08 Mar 2023
    Sold for $1,190,000
  • 30 Jun 2022
    Listed for Sale Price On Application
  • 15 Apr 2021
    Listed for Rent - Price not available
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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 21,600 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 52 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 943 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Cotality Copyright and Legal Disclaimers about Property Data
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.