597 Gilbert RoadPreston VIC 3072
Property Details for 597 Gilbert Rd, Preston
Last Listing description (April 2023)
CBRE is pleased to present 597 Gilbert Road, Preston, for lease and available now.
Set on a large site of 233sqm*, this property provides a rare opportunity to lease a blank canvass and turn it into something you can call your own.
The subject property is ideally located on the western side of Gilbert Road, between Union and McNamara Streets, only 9kms* north-east of Melbourne's CBD. It enjoys a unique aspect located directly opposite J S Grey Reserve.
597 Gilbert Road is strategically positioned in proximity to Regent Village and High Street's well-regarded retail strip which incorporates a vast array of national tenants including Woolworths, Aldi and the Preston Market.
Additional features include:
+ Functional single level shop/office of 80sqm*
+ Land area: 233sqm*
+ Huge rear yard/carpark
+ Valuable landholding of 233sqm*
+ Generous rear access
+ Zoned Commercial 1
+ Available now
+ Suit a wide range of uses (STPA)
+ Flexible lease terms and incentives
For further details on this property or your commercial property needs, please contact the marketing agent, Guy Naselli 0413 750 744
*approx.
Property History for 597 Gilbert Rd, Preston, VIC 3072
- 22 Jun 2017Listed for Rent - Price not available
- 14 Jun 2017Sold for $698,500
- 08 May 2017Listed for Sale Not Disclosed
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0About 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.
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