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Back 12 Dalgety Street
Off Market

12 Dalgety Street

Preston VIC 3072

12
8
8
Block of units
Last sold for $3,140,000
Jim DimitropoulosJim Dimitropoulos, last sold this property on 04 October 2025 after 31 days on market.

Overview

Blue - Chip Investment

Expression Of Interest Closing 4th October at 5:00pm This exceptional block of eight strata-titled apartments, to be sold as a whole, presents an unmissable opportunity for astute investors. Held tightly for more than half a century, the property comprises 4 oversized two-bedroom and 4 oversized one-bedroom residences, each with undercover parking, and offers immediate rental income with outstanding scope for growth. - Current potential rental return: approx. $148,000 p.a. (with significant upside) - Land size: 640sqm (approx.) - Separately Titled : hold, refurbish, sell individually, or redevelop (STCA) Perfectly positioned, tenants enjoy cafés, restaurants and retail on High Street, the Plenty Road tram and brewery strip, and easy access to Preston Market, Northland, parks and cinemas. With secure holding income, multiple exit strategies and a location in one of Melbourne's strongest rental markets, this is a rare, blue-chip investment with long-term potential.

Features

12 bedrooms
8 bathrooms
8 carspaces
Block of units

Estimated Value

We need at least 3 similar 12 bedroom block of units sold in Preston over the last 12 months.

Property history for 12 Dalgety Street

2025
Sold
$3,140,000
Private Sale/Treaty on 04 Oct 2025 by Jim Dimitropoulos

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 120 reviews in Preston over the last 12 months.

Local market activity for 12 bedroom block of units in Preston

In the last 12 months, 1 numeral.12-bedroom block of units similar to 12 Dalgety Street, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Preston

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Sahil Bhasin

Sahil Bhasin is an award winning recommended agent for Preston.  They have 79 local sales and collected 26 local reviews across the last 12 months.

  •   5   (90 reviews)
  •  26 Reviews in Preston
  •  79 Sales in Preston
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Ian Dempsey

Ian Dempsey is an award winning recommended agent for Preston.  They have 48 local sales and collected 23 local reviews across the last 12 months.

  •   4.9   (492 reviews)
  •  23 Reviews in Preston
  •  48 Sales in Preston
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Josie Galati

Sellers who recommend Josie Galati have praised them for being clear communication, supportive, responsive, well-prepared, pleasant, local expert and honest

  •   4.9   (152 reviews)
  •  16 Reviews in Preston
  •  19 Sales in Preston
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George Gimelli

George Gimelli is a recommended agent for Preston.  They have 17 local sales and collected 7 local reviews across the last 12 months.

  •   5   (47 reviews)
  •  7 Reviews in Preston
  •  17 Sales in Preston
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