SoldAug 23, 2025

254 Gilbert Road, Preston, VIC, 3072

$1,300,000

4
1
20
565 m²

House

30+ days on the market

Sold: Aug 23, 2025

What's around 254 Gilbert Road

Zoned for Possibilities, Packed with Potential

A rare opportunity on a versatile 556m² approx. block zoned Housing Choice and Transport 2, this character-filled Californian Bungalow comes with proposed plans and exceptional potential to develop three modern townhouses with city views (STCA). Currently a well-regarded medical centre, the single-level property boasts excellent street exposure on a corner block, with generous off-street parking via Wallace Street. Incorporating a clever layout, the large reception/waiting area is complemented by four dedicated consulting suites, one of which is suitable as a kitchenette/meals room. Additional extras include two powder rooms, a European laundry, storeroom, timber floors and mature fruit trees. Ideal for established health professionals, savvy investors, or those ready to embark on their next big project. Enviably located with CBD trams at the doorstep, it's also surrounded by bus routes, Bell Street amenities, the iconic Preston Market, plus the convenience of near by High Street.

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