Back 117 Gilbert Road
Active

117 Gilbert Road

Preston VIC 3072

6
1
10
887 m²
House
Currently for sale - view listing

Overview

Landmark Art Deco With A Ballroom Surprise

Few properties can claim a ballroom, a stage and a landholding of this size. Set on approximately 887sqm across four allotments with a 24.3m frontage, rear laneway access and parking for up to ten cars, this historic Art Deco residence is as unusual as it is opportunity-rich. Six bedrooms, soaring ceilings, fireplaces and original detail give it immediate character, while the sheer scale leaves the next owner with an impressive range of directions to choose from. The ground floor gives the home its substantial base. A generous lounge with a decorative ceiling dome sits alongside a separate dining room, while the central kitchen includes a dishwasher and meals area. Four bedrooms, a second kitchen, bathroom with bath and shower, separate toilet and a laundry add to the flexibility. Upstairs is where the interior becomes something else entirely. A vast theatre or ballroom with its own stage creates an unforgettable upper level, flanked by two rooms that could be used as bedrooms, studies, games rooms, creative spaces or work-from-home areas. And this is only where its unique story begins. Renovated and reconfigured with imagination, it could be transformed into an extraordinary family domain. For investors, it suggests shared accommodation or strong rental returns while longer-term plans take shape. Given the size of the land, the laneway access and the frontage, it also presents outstanding scope for a luxury multi-unit development, subject to council approval. The prestigious position strengthens the appeal. Moments from Miller Street shops and eateries, the No. 11 tram, H Swain Reserve, Merri Creek trails, Preston Station, Preston Central and Preston South Shopping Centre, it is zoned for Bell Primary School and Coburg High School, with St John's College and Antonine College close by.

Features

6 bedrooms
1 bathroom
10 carspaces
4 carport spaces
1 open car space
5 garage spaces
887 m² lot size
House

Property history for 117 Gilbert Road

2022
Rented
Undisclosed
Leased on 27 Dec 2022 by Ray White Preston

Happy sellers in Preston

95%
95% of sellers in Preston reported that their sale price either exceeded or met their price expectations.

Preston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 119 reviews in Preston over the last 12 months.

Local market activity for 6 bedroom houses in Preston

In the last 12 months, 1 six-bedroom house similar to 117 Gilbert Road, have been sold.

This represents a 50% increase in six-bedroom houses sales when compared to the previous 12 months.

© 2026 RateMyAgent