504 Gilbert Road, Preston, Vic 3072

$1,400,000 - $1,540,000

House
Type
3
Bedrooms
1
Bathrooms
4
Parkings
860 mΒ²
Area

Published on Tuesday, July 21, 2026 ( See property details for 504 Gilbert Road, Preston, Vic 3072)

$1,400,000 - $1,540,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A charming Art Deco residence on a generous block in Preston offering exceptional character, versatile living spaces, and outstanding development potential.

🏑 Property Highlights

  • Timeless Art Deco charm with original features
  • Expansive 860m2 block with a swimming pool
  • Flexible floorplan with multiple living options
  • Large garage/workshop ideal for hobbyists or tradies
  • Prime Preston location close to amenities and transport
  • Excellent renovation and development potential (STCA)

✨ Key Features

  • Swimming Pool
  • Garage
  • Open-Plan Living
  • Built-in Robes
  • Fireplace
  • Electric Roller Shutters
  • High decorative ceilings
  • Leadlight windows
  • Polished timber floorboards
  • Side driveway
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504 Gilbert Road
Preston, VIC 3072
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Vertical aerial view β€” 504 Gilbert Road
504 Gilbert Road — Vertical Aerial  •  Preston, VIC 3072  •  Nearmap © 2026

Preston is a vibrant suburb renowned for its diverse community, excellent shopping at Preston Market, convenient tram and bus access, lush parklands, and a thriving cafΓ© and restaurant scene. Its central location offers easy connectivity to Melbourne CBD and surrounding areas, making it ideal for families, professionals, and investors seeking a dynamic lifestyle with ample amenities.

What are the renovation possibilities for this property?
The property offers excellent scope for renovation, extension, or further development (STCA), allowing you to personalise and enhance its features to suit your lifestyle.
Is the property suitable for families?
Yes, with three spacious bedrooms, multiple living areas, and a large backyard with a swimming pool, it is ideal for families seeking space and comfort.
What are the key features that add to the property's charm?
The home showcases period elegance with leadlight windows, polished timber floorboards, decorative high ceilings, picture rails, and a charming open fireplace.
How accessible is the location?
Located in Preston, the property is close to Preston Market, tram lines, local shops, cafes, schools, and parklands, with easy access to major roads and Melbourne CBD.
What is the condition of the property?
The residence is beautifully maintained, with original Art Deco features intact, providing a solid foundation for future updates and improvements.
Are there any planning or zoning restrictions that could affect future development or renovations? Has the property been inspected for any structural issues or pests? Are there any easements or covenants on the land that could impact use or development? What are the ongoing costs associated with maintaining the swimming pool and garden? Is there any history of flooding or bushfire risk in this area? Are there any upcoming council or community projects that might affect the neighbourhood? What are the strata or council rates applicable to this property? Are there any restrictions on building extensions or modifications? Has the property been updated to meet current safety and building standards? Are there any known issues with the garage/workshop or other structures on the property?

504 Gilbert Road, Preston, Vic 3072 - More Details

$1,400,000 - $1,540,000

Timeless Art Deco Charm with Endless Potential

Rich in character and brimming with opportunity on approximately 860m2, this solid brick Art Deco residence offers an exceptional lifestyle in one of Preston's most convenient and sought-after locations. Beautifully maintained and ready to enjoy, it also presents exciting scope to renovate, extend or further develop and enhance over time (STCA).

Beyond its attractive faΓ§ade, the home showcases a flexible floorplan featuring three generous bedrooms, spacious living and dining zones, and an original kitchen meals area providing the perfect canvas for a contemporary transformation.

Period elegance is showcased throughout with stunning leadlight windows, polished timber floorboards, decorative high ceilings, picture rails and a charming open fireplace, while electric roller shutters provide added comfort, security and privacy.

Step outside to discover an expansive backyard complete with a swimming pool and an impressive garage/workshop accessed via a side driveway-ideal for tradies, car enthusiasts, hobbyists or those simply seeking exceptional storage and workspace.

Additional features include:
β€’ Three spacious bedrooms
β€’ Flexible floorplan with multiple living options
β€’ Original kitchen with excellent renovation potential
β€’ Central bathroom plus a second toilet
β€’ Beautiful Art Deco features throughout
β€’ Leadlight windows and polished timber floorboards
β€’ High decorative ceilings and picture rails
β€’ Charming open fireplace
β€’ Electric roller shutters
β€’ Side driveway to a huge garage/workshop
β€’ Swimming pool and generous rear yard

Positioned in a premium Preston location, you'll enjoy the convenience of having everything at your fingertips. Stroll to the vibrant Preston Market, Gilbert Road trams, local shopping, popular cafΓ©s, renowned restaurants, quality schools and parklands, with easy access to public transport and major arterial roads delivering a seamless commute to the CBD.

A home of enduring character, generous proportions and outstanding future potential-this is a rare opportunity to secure a classic Preston residence in an unbeatable lifestyle location.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
4
Area
860 mΒ²

Price guide

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