Preston VIC 3072, Australia
Also written as Unit 407, 205 Bell Street.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
The site includes approximately 5,082 m² of land, providing ample space for a range of commercial layouts
The property is within walking distance of multiple tram stops (e.g., Osborne Gr/Plenty Rd and Bell St/Plenty Rd at about 0.3 km) and is about 0.7 km from Bell and Preston railway stations on the Mernda line. Numerous bus routes also pass nearby, offering connections to the Melbourne CBD and surrounding suburbs
The site is close to a range of commercial and community facilities, including Preston & Northcote Community Hospital (≈0.1 km), Mantra Bell City hotel (≈0.1 km), Gowerville Theatre (≈0.3 km) and several tram and bus interchanges, all of which can support staff and client access
Preston’s flat terrain and historical industrial base make it adaptable for retail, office and light‑industrial operations. The sizable land parcel and proximity to major transport links further enhance its versatility
Preston had a population of about 33,790 at the 2021 census, with a culturally diverse community where 63.8 % were Australian‑born and significant numbers from China, Italy, Greece, India and Vietnam. This diversity can provide a broad customer base and workforce
Preston lies roughly 9 km north‑east of Melbourne’s CBD, offering relatively quick road and public‑transport access to the city centre
Jump to the related profiles for this address.
