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367-375 Bell Street, Preston

Land rich corner investment fully leased to renowned retailer (4 stores in Victoria)
  • Land Area:
    1,307 m2
  • Floor Area:
    566 m2
  • Tenancy:
    Tenanted Investment
  • Income:
    $231,750.00 + GST
  • Frontage:
    72 m
  • Land rich 1,307sqm* corner landholding with over 72m* of combined frontage
  • 5 year lease to highly rated statewide retailer Allure (4 stores in Victoria), providing gross annual income of $231,750* + GST with favourable personal guarantees plus fixed 3% annual rental increases
  • Rare land bank opportunity with highly favourable ‘Priority Development’ zoning
  • Centrally located between Bell Train Station, High Street retail precinct & the Preston Market
  • Unparalleled signage potential given the prime exposure to the heavily trafficked Bell Street (46,000* vehicles passing daily)
  • Set to benefit from improved accessibility as a result of the planned Bell Station ‘Level Crossing Removal Project’
  • Benefiting from direct linkage to major universities via public transport and St Georges Road

FOR SALE VIA PUBLIC EXPRESSIONS OF INTEREST CLOSING THURSDAY 21ST NOVEMBER AT 1.00PM (AEDT)

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