599 Gilbert RoadPreston VIC 3072
Property Details for 599 Gilbert Rd, Preston
Last Listing description (June 2022)
Stonebridge Property Group is pleased to present for sale 599 Gilbert Road.
Key highlights:
- Quality 5-year net lease to award-winning Wardle Design Architects with vendor favoured 3% annual increases and AAA+ internal fit-out
- Existing improvements comprise a 290 sqm* office fit-out with multiple points of entry allowing for future multi-tenant occupancy
- Frontage: 7.6 m* to Gilbert Road and rear access via Poling Road with large exposure to Gilbert Road Retail Village (6,500* cars travel along Gilbert Road daily)
- 324 sqm* landholding zoned Commercial 1, provides flexibility for future uses and development upside with the potential to realize 3-4 levels (STCA)**
- Within immediate proximity to public amenities and attractions including J.S Grey Reserve (10 m*), Australia Post (10 m*), Local tram network (10 m*) Regent Train Station (950 m*), and Coburg Hill Shopping Centre (650 m*)
- Exceptional inner-metro location in Melbourne's accomplished inner north and forming part of the boutique Gilbert Road Retail Village. The retail village is located only 9 km* to the Melbourne CBD with direct main arterial access
*Approx.
**Development scheme can be provided upon request
To obtain further information or to arrange an inspection, please contact the exclusive sale and marketing agents, Stonebridge Property Group.
Max Warren
0488 296 892
Nic Hage
0448 782 594
Sarah Xi
0468 320 297
Property Code: 389
Property History for 599 Gilbert Rd, Preston, VIC 3072
- 23 May 2022Sold for $1,100,000
- 01 Apr 2022Listed for Sale Contact Agent
- 08 Dec 2020Listed for Rent - Price not available
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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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