525 High Street, Preston, VIC 3072

Offices

Leased

  • Property ID: 294640
  • Floor Area: 167m²
  • NBN Availability: Build Commenced
  • Nearby Parking: Commercial
Sold / Leased Results

Name Result Date Floor Land Result Price
Total office area Leased 18/05/2018 167m2 N/A $40,000
Modern Central Preston Offices - LEASED WITHIN ONE WEEK

Located on busy High Street, just north of Murray Road this contemporary style ground floor office suite is ideally positioned to take advantage of its location in this vibrant business and retail precinct.

Property Features
- Total office area 167m2*
- Fully partitioned
- Full staff amenities including shower
- Air conditioning
- Secured under cover parking

Location
- 150 metres* north of Murray Road
- 250 metres* from a myriad of cafes and restaurants
- 400 metres* from the renowned Preston Markets
- 500 metres* from Preston train station

This modern, conspicuously positioned property is ready to occupy so put it high on your 'must inspect' list.


*approx.

Additional Information
Features
  • Availability: Immediately
  • Zoning: Priority Development Zone - Schedule 2
  • Rent Review: Annually
  • Condition: Excellent
  • Air Conditioning: Yes
  • Roller Doors: N/A
  • Floors: Carpeted
  • Lifts: N/A
  • Age: 5
Outgoings
  • Water Rates: $1,033
  • Land Tax: $699
  • Council Rates: $3,751
  • Owners Corp. / Insurance: $3,750
Preston Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $3530 $383 10.85%
Retail $4060 $284 6.99%
Industrial $3042 $166 5.47%
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 Offices 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 525 High Street, Preston, VIC 3072. Powered by Parkhound. Visit their site to find out about parking spaces available 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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