SUBURB PRICE GUIDE

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Retail For Sale or For Lease found in PRESTON, VIC 3072

LAST REMAINING RETAIL SHOP WITH STREET FRONTAGE

Investment | Offices | Retail | Medical

Recently completed in 2016, 'The Gilbert' features 33 luxury apartments above these buzzing ground floor commercial properties within Preston's cosmopolitan community hub close to the Thornbury border.
'The Gilbert' offers a fantastic tenancy mix including a deli, artisan gelati shop, pizza shop, cafe and office spaces.
Portfolio Summary;
Last Remaining Vacant Retail Shop:
- Floor Area from 53m2*
- Frontage to Gilbert Road
- Suitable for range of businesses in retail, services, medical and offices
Located on the 112 tram Line, these inner city properties are surrounded by a fantastic array of businesses including Thornbury IGA, Australia Post, Yogaville, Gilbert Road Bakehouse, The Merri Chan Bar and Restaurant, C&E Tarantelli Hair Salon and Glo Beauty Therapy.
Inspections available by appointment only through exclusive sole agents CVA Property Consultants.
*approximately

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Price Contact Agent
Building 53m²
Occupancy Tenanted
Property ID 256249

THE NEW PRESTON MARKET ERA

Retail

Over the past 45 years Preston Market has become an integral part of the North, playing a pivotal role within the daily lives of the wider community. The Market itself is Melbourne's second largest market, with over 6000sqm of market tenancies ranging from fresh produce to supermarkets and variety stores. The redevelopment of the Preston Market site heralds a new era for the people of the North.
The renewal of the Market Precinct is envisioned to become one of Melbourne's most iconic urban renewal precincts, seeking to capture the true congregation of commodities, cultures and traditions of the wider community. Respectful of its past, the redevelopment aims to harmoniously combine new residential, retail and hospitality spaces to create an enticing new market village.
Key Features:
- Fresh food, specialty food and service Requirements
- Recently refurbished and renovated
- Multiple new tenancies available ranging from 10sqm - 150sqm
- Melbourne's second largest market
- Join new and exciting retailers
- Outstanding exposure to passing local and tourist traffic
- Just 9km from Melbourne's CBD
- Over 800+ car parks on site
- Preston Station Railway at the door stop
Preston Market benefits from:
- Forecasted population of 40,533 people by 2021*
- Only 9 km from Melbourne's CBD
- Preston Station Railway at Preston Market, additionally Tram and Bus services are close by.
- Over 800+ car parks on site
- Improved environmental sustainability initiatives
Contact our leasing team today to enquire on how you can be a part of the new Preston Market today!

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Rent Please contact agent
Building 10m² - 541m²
Property ID 256528

PRIME POSITION

Hotel/Leisure | Offices | Retail

Located in Bell St Preston opposite Bell Station this brand new shop would be perfect as a cafe or takeaway food store. (STCA)
The shop is a blank canvas allowing you to fit out and decorate to your liking.
Available Now
$46,000 PA + GST + OUTGOINGS

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Rent: $46,000 p.a.    Building: 165m²

RETAIL / OFFICE IN THE HEART OF PRESTON

Retail | Offices

- Total floor space 70m2 approx.
- Large shop front
- 3 phase power
- Rear yard with parking for 2 x cars
- R.O.W.
- Suits many uses (STCA)
$26,000 per annum + GST + Outgoings
Paul Rizzo 0418 688 888
Theo Karkanis 0431 391 035

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Rent: $26,000 p/a + GST + Outgoings    Building: 70m²


WELL-PRESENTED SHOPFRONT IN BUSY HIGH STREET

Retail

Shop front in busy Northern Suburb of Preston within a well-established shopping strip. Well-presented and versatile, with amenities included.
Approx 45 sqm, including:
* 1 toilet and basin
* Kittenette sink
Great exposure to foot traffic along popular High Street, plus the nearby Preston Market, generating plenty of business.
No car formal car space, but conveniently accessible by bus, tram and train at your doorstep.
Phone enquiries - please quote property ID 18291

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Rent: $23,920 Per Annum    Building: 45m²

MODERN INDUSTRIAL STYLE OFFICE/RETAIL WITH AMPLE NATURAL LIG...

Retail

- Creative open planned space of 135 m2*
- Ground floor 95 m2* plus 40 m2* mezzanine
- Flexible user friendly layout with ample natural light
- 2 secured off street car parking plus 7 visitor parking spots
- Self-contained with separate entrance and disabled toilet
- Low outgoings overheads
- Long term lease available
- Ideal for professional service providers, studios, recreational, retail or medical uses (STCA)
Contact Ervin Niyaz for an inspection on 0404 808 327

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Rent: Contact Agent    Building: 131m²

EXISTING OFFICE/MULTI USE SPACE READY TO OCCUPY

Retail

Located opposite Regent Street and adjacent to Gilbert Road tram terminus. This quality office of 290m2 approximately, offers a quality fit out with large administration work area, glass frontage, 3 offices, data cabling throughout, air-conditioning natural lighting thru-out, break out room, modern tea room, 3 toilets, shower and plenty of storage.
REAR YARD SPACE
Double gate opening 2.6 metres , main space directly in front of gates:
Depth 6.1 metres width 2.8 metres
Side space: Depth 4.7 metres width 3 metres

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Rent: $58,000    Building: 250m²    Land: 250m²

FIRST FLOOR OFFICE SPACE

Retail | Offices

- 2 generous sized office rooms
- Data cabling
- Alarm system
- Heating/cooling
- Separate access from High Street
- Kitchenette and Toilet
- Secured onsite parking
Total building area: 95 sq. m
$26,700pa - $2,225pcm - $512.02pw
(Plus outgoings and GST)

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Rent: $26,700    Building: 95m²

SUBURB PRICE GUIDE

Suburb Summary - Preston, VIC 3072

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $7453 $549 7.36%
Retail $7453 $284 3.82%
Industrial $1297 $105 8.11%
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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