348-350 Bell Street, Preston, VIC 3072

Industrial | Showrooms | Retail

Leased

  • Property ID: 423174
  • Floor Area: 506m²
  • Land Area: 694m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased 19/01/2023 506m2 694m2 N/A
A TENANT DREAM: FITZROYS CROWDS WITH COBURGS PRICE TAG.

POINT OF INTEREST:
Explicit frontage with a nice ring to it. This is over 500 sqm* of the prime industrial building facing one of the north’s busiest arterials. This is exactly where the opportunity is, particularly if your company hasn’t been in the company of regular traffic and could benefit from a higher profile. Any automotive, industrial, or retail business will recognise the value in dual front and rear access for operational flow, and a floorplan fit for warehousing or a showroom. Preston is a multicultural melting pot of industries, skills, and people — contributing to a reputation of hard-working small business owners. And it's no wonder Melburnians are setting up shop here, public transport is seamlessly connected to the rest of the city — particularly when you have Bell railway station and the 552 bus sitting 150 m* away and the 86 tram only a little further than that. High Street’s best is a short walk from the site, with coffee courtesy of Moon Rabbit and weekend groceries already sorted thanks to the Preston Market. St Georges Road is 300 m* away, Nicholson Street is 2 km*, and the CBD takes under half an hour to drive to.

- 694 sqm* total land area.
- 506 sqm* total building area.
- Short term lease available
- 6 allocated car spaces on site.
- 700 m* from Preston Market.
- 150 m* to Bell railway station.
- 8.4 km* to Melbourne CBD.

POINT OF VIEW:
Bell Street’s strength is in numbers; with over 52,000 passing commuters. Its only weakness is the parking, which is why the six allocated car spaces at the rear of the site make this asset a pure flex.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Immediately
  • Car Spaces: 6
  • Condition: Good
  • Air Conditioning: No
  • Floors: Concrete
  • Lifts: No
  • Height: 4.5 metres approx
  • Age: 40+ years
  • Car Parking Fees: Nill
Outgoings
  • Water Rates: $1,000 per annual
  • Council Rates: $6,900 per annual
  • Other Charges: Insurance: $2,300 per annual
Preston Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $3040 $140 4.61%
Retail $4060 $252 6.21%
Offices $3530 $390 11.05%
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 Industrial 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™.
  • 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.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×