118-120 High Street, Preston, VIC 3072

Retail | Offices

For Sale $950,000

  • Property ID: 337767
  • Floor Area: 188m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
  • Nearby Parking: Private
  • Cafes: 20+ nearby
Vibrant Ground Floor Retail Opportunity!

Retail/office opportunity comprising 188m2* total floor area over two titles combined with a generous 17.5metre* frontage to thriving High Street.

The subject property is perfectly positioned within a favourable mixed use precinct of Preston anchored by an abundance of quality amenities and provides convenient access to major arterials.

- Total Area: 188m2*
- 4 allocated car spaces
- Kitchenette and amenities
- 17.5m* frontage over 2 titles
- Great natural light and exposure
- Abundant surrounding amenities
- Short walk to Bell Train Station

*Approx
Pricing excludes GST.

Additional Information
Features
  • Availability: 60/90/120 days
  • Lease Term: N/A
  • Rent Review: N/A
  • Car Spaces: 4 (Stackers)
  • Condition: Excellent
  • Air Conditioning: N/A
  • Floors: Concrete
  • Lifts: N/A
  • Height: 3 metres approx
  • Age: 2010
  • Car Parking Fees: N/A
Outgoings
  • Water Rates: $1,905.54 p.a approx
  • Land Tax: N/A single holding
  • Council Rates: $4,322.10 p.a approx
  • Owners Corp. / Insurance: $6,584 p.a approx
Preston Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $2030 $89 4.39%
Retail $5947 $280 4.71%
Offices $5053 $317 6.27%
This is the average advertised price, rent and yield for Preston, VIC 3072*
* 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 118-120 High 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 118-120 High 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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