Investment | Retail | Offices

CVA Property Consultants are pleased to present this fully fitted office, situated at 352 Bell Street, Preston for sale via Public Auction on Friday 19th of October 2018 at 12pm on-site.



Leased to Parliament of Victoria, this near new office is situated in a prime high exposure position, making this exceptional opportunity an immediately rewarding investment.



The Property

- Building area 183m2*

- 16 metre* frontage to Bell Street

- Disabled access

- Situated between St Georges Road and High Street

- 110 metres* from Bell Station

- Premium quality fit out

- Secure lock up car parking for 2 vehicles

- Over 40,000* vehicles passing daily




Investment Summary

- Leased to the Parliament of Victoria

- 8 year lease commencing 26th February 2018

- Two further options of 4 years each

- Current rental income $62,200 gross plus GST (estimated net $55,757.16 p.a.)

- 3% annual fixed increases



The property is situated on the street level of the Waterford Rise Apartments opposite Bell Train Station, between the major arterial roads of High Street and St Georges Road, only 700 metres* from the renowned Preston Market and around the corner from the Preston cafe and retail precinct.



Open For Inspection

Thursday 18th October 2018,  2:30pm - 3pm



 For further information please contact CVA Property Consultants



*approx.