11 Highview Road, Preston, VIC 3072

Development/Land | Other

Leased

  • Property ID: 360689
  • Floor Area: 710m²
  • Land Area: 2113m²
  • NBN Availability: Build Commenced
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased N/A 710m2 2113m2 Contact Agent
Character Filled Church with Development Upside

Purchase or lease this rare opportunity in the heart of Preston!
CVA Property Consultants are proudly offering this tremendous property for Sale / Lease via Expressions Of Interest closing Tuesday 31st March 2020 at 3pm -
Formerly home to the East Preston Uniting Church, the property comprises 2,113m2* of land benefiting from dual 44m* street frontages as well as featuring 12 onsite car spaces and substantial excess rear land.

Current improvements consist of a single level building of 710m2* with three large halls, kitchen facilities, male and female amenities, offices and an internal courtyard / playground area.

Offering fantastic development potential for a town house / terrace style residential project, childcare, medical or place of worship etc (STPA).

11 Highview Road, Preston provides excellent access with main arterials including Albert Street, Plenty Road, Bell Street, St Georges Road and High Street. Public transport is readily accessible from the property with multiple bus services and Preston Train Station located only 1.9km* from the property and Northland Shopping Centre only 1.1km* away.

Property features:
- Total land area: 2,113m2*
- Building area: 710m2*
- Multiple large halls / meeting rooms
- 44m* frontage to Highview Road
- Dual frontage
- 12 car parking spaces
- Option to retain existing improvements or develop residential / commercial use
- Excess rear land
- Attractive lease terms available

*Approx.
Pricing excludes GST.

Additional Information
Features
  • Availability: Immediate - Vacant
  • Lease Term: Flexible
  • Rent Review: Negotiable
  • Car Spaces: 12 on site car parking spaces
Outgoings
  • Water Rates: $133.36pa* approx
  • Land Tax: Currently exempt - Charity
  • Council Rates: TBC
  • Owners Corp. / Insurance: N/A
  • Other Charges: TBC
Preston Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $3042 $166 5.47%
Retail $4060 $300 7.38%
Offices $3530 $371 10.50%
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™.
  • 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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