27-29 Raglan Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
 
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27-29 Raglan Street
Preston VIC 3072

Bedrooms: 1
Bathrooms: -
Car spaces: -
Land area: 1858m2
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Property Details for 27-29 Raglan St, Preston

Building Type
Commercial
Land Size
1858m2
Local Government
Darebin
Lot/Plan
2/LP96267

Last Listing description (September 2022)

Vinci Carbone are pleased to offer for sale this substantial industrial building located within the well-established industrial precinct of Preston.

The propertys key attributes are ideal for owner occupiers looking to establish themselves in a prominent and highly sought after location.


Substantial land area of 1,858 sqm*
Industrial 1 zoning
Prominent industrial building of 1,580 sqm*
Short term leaseuntil July 2023
Car parking is provided on site

The property is ideally positioned on Raglan Street between Albert Street and Chifley Drive, and only a short walk away from Bell Street which contains many corporate occupiers such as JB Hi-Fi, Amart, Nick Scali, Officeworks and Harvey Norman to name a few.

The property is well serviced by trains, trams and bus routes, making the commute to the Melbourne CBD, Northland Shopping Centre and High Street very convenient.

We strongly recommend your consideration of this extremely rare industrial offering.

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 15 SEPTEMBER 2022 AT 4PM

*approx.

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Property History for 27-29 Raglan St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$5,401,000
20 Sep 2022
  • 20 Sep 2022
    Sold for $5,401,000
  • 23 Aug 2022
    Listed for Sale Contact Agent
  • 25 Oct 1976
    Sold for $200,000
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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 21,596 properties. Over the last 5 years, Houses in Preston have seen a 15.62% increase in median value, while Units have seen a 12.69% increase. As at 30 November 2025:

  • The median value for Houses in Preston is $1,220,339 while the median value for Units is $635,220.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 63 properties listed for sale, and 37 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 947 properties were sold in the past 12 months in Preston.

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© Copyright 2025. 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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