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591 Gilbert Road 1,033 SF Office Condo Unit Offered at $439,910 in Preston, VIC 3072
Investment Highlights
- Low-rise multifamily complex located on Gilbert Road within Melbourne’s northern suburbs.
- Close to High Street and Plenty Road retail amenities, hospitality, and essential services.
- Provides off-street parking options on-site for resident convenience.
- Positioned along a tram-serviced corridor with direct public transport connectivity to the CBD.
- Situated within an established residential district featuring mixed housing and commercial uses.
- Offers access to schools, parks, and community facilities in the surrounding Preston area.
Executive Summary
The property located at 591 Gilbert Road in Preston is a multifamily residential building positioned along the Gilbert Road tram corridor within Melbourne’s inner-north precincts. The structure occupies a parcel within an established urban setting, surrounded by local amenities, public transport services, and retail offerings on nearby High Street and Plenty Road. The building comprises multiple dwellings within a low-rise configuration and includes off-street parking provisions. Its location provides convenient access to arterial transport routes, employment zones, and community infrastructure across the Darebin municipality.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | A\PS700638 |
| No. Parking Spaces | 1 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 1 |
| APN/Parcel ID | A\PS700638 |
Description
The space is a 96-square-meter commercial unit located at 591A Gilbert Road, Preston. It is positioned on the ground level with street frontage and has one on-title car space accessible via rear entry. The property falls under Commercial 1 zoning. It is sold with vacant possession. The internal space is open-plan and suitable for multiple configuration options. The building provides rear access to a secure car park. No GST is payable on the sale price.
Sale Notes
This versatile commercial suite at 591A Gilbert Road offers an exceptional opportunity to secure a prominent footprint in Preston’s thriving commercial precinct. Ideal for business owners or investors, the property features a highly visible street presence along a major thoroughfare, ensuring strong exposure and accessibility.
The 96 sqm space provides flexibility for various commercial applications, with an open-plan layout capable of accommodating office, showroom, or professional service uses. Rear access to secure parking and one dedicated car space on title enhance convenience for staff or clients. Zoned Commercial 1 and offered with vacant possession, this asset is primed for immediate occupation or creative repositioning. With no GST payable on the $615,000 sale price, the property presents an attractive low-entry investment or owner-occupier opportunity in a well-connected Preston location, close to High Street and Plenty Road transport links.
The 96 sqm space provides flexibility for various commercial applications, with an open-plan layout capable of accommodating office, showroom, or professional service uses. Rear access to secure parking and one dedicated car space on title enhance convenience for staff or clients. Zoned Commercial 1 and offered with vacant possession, this asset is primed for immediate occupation or creative repositioning. With no GST payable on the $615,000 sale price, the property presents an attractive low-entry investment or owner-occupier opportunity in a well-connected Preston location, close to High Street and Plenty Road transport links.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 591A | 1,033 SF | Office | $439,910 ($425.86/SF) | - |
Unit 591A
| Unit Size |
| 1,033 SF |
| Condo Use |
| Office |
| Price |
| $439,910 ($425.86/SF) |
| NOI |
| - |
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Unit 591A
| Unit Size | 1,033 SF |
| Condo Use | Office |
| Price | $439,910 ($425.86/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 1 |
| APN/Parcel ID | A\PS700638 |
| Description | |
| The space is a 96-square-meter commercial unit located at 591A Gilbert Road, Preston. It is positioned on the ground level with street frontage and has one on-title car space accessible via rear entry. The property falls under Commercial 1 zoning. It is sold with vacant possession. The internal space is open-plan and suitable for multiple configuration options. The building provides rear access to a secure car park. No GST is payable on the sale price.</li></ul> | |
| Sale Notes | |
| This versatile commercial suite at 591A Gilbert Road offers an exceptional opportunity to secure a prominent footprint in Preston’s thriving commercial precinct. Ideal for business owners or investors, the property features a highly visible street presence along a major thoroughfare, ensuring strong exposure and accessibility.<br> <br> The 96 sqm space provides flexibility for various commercial applications, with an open-plan layout capable of accommodating office, showroom, or professional service uses. Rear access to secure parking and one dedicated car space on title enhance convenience for staff or clients. Zoned Commercial 1 and offered with vacant possession, this asset is primed for immediate occupation or creative repositioning. With no GST payable on the $615,000 sale price, the property presents an attractive low-entry investment or owner-occupier opportunity in a well-connected Preston location, close to High Street and Plenty Road transport links.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 10,021 SF | Floors | 2 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 5,016 SF |
| Property Subtype | Apartment | Lot Size | 0.12 AC |
| Building Class | C |
| Total Building Size | 10,021 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 5,016 SF |
| Lot Size | 0.12 AC |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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591 Gilbert Road
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