8, 1 Bell Street, Preston, VIC 3072

Industrial | Showrooms | Offices

Sold

  • Property ID: 426781
  • Floor Area: 300m²
  • Land Area: 240m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 8 Sold 04/11/2024 300m2 240m2 Contact Agent
OCCUPY OR INVEST!

POINT OF INTEREST:
If you know, you know that Preston is the new Brunswick. And so, industrial opportunities here are usually snapped up before they hit the market. This one is 300 sqm* of warehousing and double-storey offices with three allocated car spaces, a kitchenette, and a secure business park position to cater to various needs. The point: This proposition provides month-to-month income, giving you the flexibility to invest or occupy the space. As for the suburb's popularity, Bell Street hosts more than just a high number of commuters. JB Hi-Fi, Spotlight, and Northland Shopping Centre are within your kilometre orbit, and so is Moon Dog World — a Broadsheet, and local, favourite.

- 300 sqm* total building area.
- Currently leased to Arvin Enterprise Pty Ltd Trading as Sign and Fitouts since October 2016.
- Monthly income equivalent to $39,600 p.a. + GST + outgoings.
- Offered with the opportunity for Vacant Possession.
- 3 on title car parks.
- Container height bi-fold door.
- Industrial 3 zoning.
- 900 m* to Northland Shopping Centre.


POINT OF VIEW:
An excellent opportunity to acquire a piece of one of Melbourne's most prized industrial precincts. The past 24 months saw record-breaking commercial results in Preston. And with mid-rise residential development booming louder than ever, getting in early will only last another three months.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: 60/90 days
  • Car Spaces: 3 allocated car spaces
  • Condition: Excellent
  • Air Conditioning: Office only
  • Floors: Concrete/Carpet
  • Lifts: Nil
  • Height: Circa 5.5m*
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: $1,510.00
  • Land Tax: $1,440.00
  • Council Rates: $2,764.10 plus Fire Service Levy / Environmental charge $1,017.75
  • Owners Corp. / Insurance: $3,402.00
Preston Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4458 $396 8.89%
Retail $4476 $253 5.66%
Industrial $3741 $148 3.96%
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 Industrial in VIC for Sale

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™.
  • 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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