SUBURB PRICE GUIDE

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Retail For Sale 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

BRAND NEW RETAIL OUTLET WITH EXPOSURE TO 40,000* PASSING VEH...

Retail | Showrooms | Offices

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

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Price: $762,500    Rent: $45,750 p.a.    Building: 183m²

GROUND FLOOR RETAIL FOR SALE OR LEASE

Offices | Retail

Now for Sale or Lease are four outstanding ground floor retail opportunities located on the corner of High and Seymour Street Preston. These impressive brand new office/shops are ideally situated within a short walk to Bell Street and Plenty Road in Preston.
Property features:
- Corner: 88.9m2*
- Shop: 82.7m2* LEASED
- Office 1: 71m2*
- Office 2: 81.4m2*
- Parking onsite
The properties are within 500 metres from Bell Train Station and less than 300 metres from Plenty Road tram line.
*approx

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Price: $335,000 - $495,000    Rent: $20,000 - $30,000 p.a.    Building: 71m² - 88.9m²

NEW RETAIL OUTLETS WITH FRONTAGE TO BELL STREET - ONLY 1 LEF...

Retail | Offices | Showrooms

Opportunities to secure brand new properties such as these with tremendous exposure are rare.

A choice of four commercial / retail opportunities:
- 71m2* (SOLD)
- 97m2* (SOLD)
- 165m2* (SOLD)
- 183m2*
Or maybe you’d like to join a couple together.

Situated within the Waterford Rise Apartments opposite the Bell train station between High Street and St Georges Road, these brand new commercial / retail properties offer a variety of opportunities for owner occupiers and investors. With the Preston Market about 700 metres away and the Preston cafe & retail strip around the corner, you couldn’t ask for a much better location.
Talk about a passing parade.......over 40,000* vehicles travel along this section of Bell Street daily. Add to this the many train commuters who use Bell Station and you have a recipe for great business potential.

Secure your preferred site NOW!

* approx.

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Price: $762,500    Rent: $45,750 p.a.    Building: 183m²

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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