G.01, 14-18 Gilbert Road, Preston, VIC 3072

Offices | Retail | Medical

Sold $375,000

  • Property ID: 273962
  • Floor Area: 53m²
  • NBN Availability: Not Currently Available
Sold / Leased Results

Name Result Date Floor Land Result Price
G.01 Sold 02/02/2018 53m2 N/A $310,000
Inner City Retail - Invest or Occupy

Recently completed in 2016, 'The Gilbert' features 33 luxury apartments above these buzzing ground floor commercial properties within Preston's cosmopolitan community hub close to the Thornbury border.

'The Gilbert' offers a fantastic tenancy mix including a deli, artisan gelati shop, pizza shop, cafe and office spaces.

Property features:
- Floor Area: 53m2*
- Frontage to Gilbert Road
- Suitable for range of businesses in retail, services, medical and offices

Located on the 112 tram Line, this inner city property is surrounded by a fantastic array of businesses including Thornbury IGA, Australia Post, Yogaville, Gilbert Road Bakehouse, The Merri Chan Bar and Restaurant, C&E Tarantelli Hair Salon and Glo Beauty Therapy.

Inspections available by appointment only through exclusive sole agents CVA Property Consultants.

*approx

Additional Information
Features
  • Availability: $1,600 p.a. + GST (approx)
  • Zoning: $1,600 p.a. + GST (approx)
  • Car Spaces: Yes per title
  • Condition: Excellent
  • Air Conditioning: Yes
  • Roller Doors: N/A
  • Floors: Concrete
  • Lifts: N/A
  • Height: 3 metres approx
  • Age: 2016 built
  • Car Parking Fees: Nil.
Outgoings
  • Water Rates: $900 p.a. + GST (approx)
  • Land Tax: TBA
  • Council Rates: $1,531 p.a + GST (approx)
  • Owners Corp. / Insurance: $1,600 p.a. + GST (approx)
Preston Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $4060 $300 7.38%
Offices $3530 $371 10.50%
Industrial $3042 $166 5.47%
This is the average advertised price, rent and yield for Preston, VIC 3072*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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