16 Railway Place, Preston, VIC 3072

Industrial

For Lease $75,000 PA

  • Property ID: 432888
  • Floor Area: 650m²
  • Land Area: 674m²
CENTRAL PRESTON WAREHOUSE

- Older style warehouse, situated on the corner of Oakover Road and Railway Place
- Total building area 650sqm*
- Two level office of 30sqm*
- Crushed rock hardstand of 673sqm*
- 180m* from High Street
- 350m* from St Georges Road
- 700m* to Bell Street
- Additional crushed rock hardstand of 673sqm* also available (at additional rent)

As an added bonus, the property is located handy to public transport including trams as well as Bell and Thornbury train stations.

Call today to arrange an inspection.

Rental:
$75,000 per annum, $6,250 per month, $1,442.31 per week
(Plus all Outgoings and GST)


*Approx.

Preston Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $4060 $284 6.99%
Industrial $3042 $166 5.47%
Offices $3530 $383 10.85%
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 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:

  • 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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