13 Railway Place, Preston, VIC 3072

Offices

For Lease

  • Property ID: 442983

Retail Tenancy Internal Area: 81sqm Outdoor (undercover decking) area: 100sqm
Located in a brand new residential neighbourhood in Preston, south of Bell Street and adjacent to the newly completed bike paths and parkland delivered as part of the level crossing removal and skyrail Tenancy positioned on the ground floor of the Preston Nightingale building designed by Breathe ArchitectureTenancy is an integral part of a significant development that already features 150 apartments and 26 townhouses, with a further 100 apartments and 25 townhouses due for completion in mid-2025Project to be home to more than 700 people on completion in mid-2025In addition to new and existing residents, immediate area will be heavily populated by construction workers for the next five yearsTenancy features a large, undercover decking area with frontage opening onto a landscaped community park that links to the bike paths and parkland adjacentFitted with grease trap, exhaust flute provisions, 3 phase powerFeatures beautiful timber framed glazing system with automated louvres above for natural ventilation100% electric and carbon neutral in operationsConveniently located between St Georges Road and High StreetOnly 250m to new Bell Station, with opportunity to serve daily commuters walking pastJust 9km north of Melbourne CBD, this area of Preston is seeing significant growth in high density living and is highly sought afterOpportunity to be part of a brand new precinct, helping support a growing residential population in addition to the wider communityImmediate access available
*approx.

Preston Suburb Profile

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

  • 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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