352 Bell Street, Preston, VIC 3072

Retail | Showrooms | Offices

Leased

  • Property ID: 248620
  • Floor Area: 183m²
Sold / Leased Results

Name Result Date Floor Land Result Price
352 Bell Street Leased 17/01/2018 183m2 N/A Contact Agent
BRAND NEW RETAIL OUTLET WITH EXPOSURE TO 52,000* PASSING VEHICLES DAILY

Last chance to secure one of four brand new retail outlets with substantial street frontage and unprecedented exposure to Bell Street, Preston.

With a potential yield of 5.5% - 6%, the 183m2* vacant space is perfect for an entry level investor or an owner occupier looking to take advantage of this central inner city location.

The property is situated within the Waterford Rise Apartments opposite Bell Train Station, in between major thoroughfares High Street and St Georges Road and 700 metres* from Preston Market.

For further information please contact CVA Property Consultants

*approx.

Additional Information
Features
  • Availability: Upon settlement
  • Zoning: Priority Development Schedule 2
  • Car Spaces: 2 on site (tandem)
  • Condition: New
  • Air Conditioning: N/A
  • Roller Doors: N/A
  • Floors: Concrete
  • Lifts: N/A
  • Height: 2.7-3 metres approx
  • Age: Brand New
  • Car Parking Fees: NA
Outgoings
  • Water Rates: $1,100
  • Land Tax: $1,053
  • Council Rates: $3,300
  • Owners Corp. / Insurance: $1,661
Preston Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $4060 $300 7.38%
Industrial $3042 $166 5.47%
Offices $3530 $371 10.50%
This is the average advertised price, rent and yield for Preston, VIC 3072*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 352 Bell Street, Preston, VIC 3072. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 352 Bell Street, Preston, VIC 3072. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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