66 Albert Street, Preston, VIC 3072 | Property Value & History | OnTheHouse
OFF MARKET

66 Albert Street
Preston VIC 3072

Bedrooms: -
Bathrooms: -
Car spaces: 6
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Property Details for 66 Albert St, Preston

Building Type
Commercial
Local Government
Darebin
Lot/Plan
2/PS826556

Last Listing description (October 2023)

LARGE FORMAT RETAIL OPPORTUNITY IN PRIME PRESTON LOCATION - ONE REMAINING WAREHOUSE

Teska Carson is pleased to bring to you an exciting leasing opportunity at 66 Albert Street, Preston.

With an expansive floorplate of 697sqm, 66 Albert Street is perfectly suited for large format businesses, as seen with Pedders Brakes & Suspension recently leasing 64 Albert Street. The landlord plans for an upcoming rejuvenation of the faade, adding further appeal to this already attractive location.

Its prominent position enjoys more than 16.5 metres of direct exposure to Albert Street, a bustling artery connecting Preston to Fairfield.

Strategically located a mere 11km north of Melbournes CBD, this site is nestled in the citys northern commercial nucleus. This dynamite neighbourhood boasts the Northland Shopping Centre, Officeworks, Preston Market and Bell Street which is home to a number of national retailers such as Officeworks, Bunnings, Spotlight, JB Hi-Fi, Woolworths, Kmart, Freedom, Fantastic Furniture, Autobarn, The Good Guys, Anaconda and many more.

Key features:

- Areas: 697 sqm
- Land Area: 1022sqm
- 6 on-site car spaces
- Impressive 16.5 metre frontage
- Upcoming landlord faade improvements

Please do not hesitate to call for further information or to arrange an inspection.

Property History for 66 Albert St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$1,460,000
21 Jun 2019
  • 04 Aug 2023
    Listed for Rent - Price not available
  • 04 May 2019
    Listed for Sale Not Disclosed
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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 21,601 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 59 properties listed for sale, and 57 properties listed for rent in Preston on OnTheHouse. According to Cotality's data, 945 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.