1 Cope Street,
Preston, VIC 3072
Warehouse, Factory & Industrial
Price information
Sale
Contact Agent
Key property information
Land area
Floor area
Tenure type
Private inspections
to arrange a private inspection.
CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
1 Cope Street
Preston, VIC 3072
Map of 1 Cope Street
Train stations within 5 km of 1 Cope Street, Preston, VIC 3072 Distance Bell Station 2.5 km Ivanhoe Station 2.5 km Thornbury Station 2.6 km Eaglemont Station 2.7 km Preston Station 2.7 km POWERED BY HERE ©Tram stops within 5 km of 1 Cope Street, Preston, VIC 3072 Distance 47-David St/Plenty Rd (Preston) 1.9 km 48-Gower St/Plenty Rd (Preston) 1.9 km 49-Murray Rd/Plenty Rd (Preston) 1.9 km 45-Bell St/Plenty Rd (Preston) 2 km 44-Osborne GR/Plenty Rd (Preston) 2 km POWERED BY HERE ©Bus stops within 5 km of 1 Cope Street, Preston, VIC 3072 Distance Chifley DrBell St 347 m Cope St/Bell St (Preston) 377 m Bell St/Chifley Dr (Preston) 480 m Daley St/Bell St (Preston) 523 m Foley Ave/Albert St (Preston) 542 m POWERED BY HERE ©
POWERED BY HERE ©
The Island Site – Develop (STCA), Invest or Owner Occupy
- Island Development Site
- Going concern
- Power & Gas
CBRE is pleased to exclusively present 1 Cope Street, Preston for sale via Expression of Interest closing Wednesday 29th May at 4pm (AEST).
Rarely do opportunities arise to acquire such a quality and sizable asset in Melbourne’s inner northern suburbs. This unique island site of 8,817sqm* spread across five (5) titles and four (4) street frontages provides exceptional flexibility and potential outcomes for investors, developers (STCA), and owner-occupiers. Offered with a proposed two (2) year lease-back, this provides prospective purchasers with time to realise the maximum end outcome across the site.
Property Details:
+ Total Site Area: 8,817sqm*
+ Total Building Area: 8,128sqm*
+ Office Area: 576sqm*
+ Warehouse Area: 7,552sqm*
+ Four (4) Street Frontages
+ High Power (750kva)
+ Gas on-site
+ Multiple Gantry Cranes
+ Multiple Development outcomes (STCA)
Proposed Lease Back Details:
+ Tenant: Sneddon & Kingston Plastics Pty Ltd
+ Term: Two (2) Years
+ Options: One (1) Year
+ Rental: $825,000 per annum net plus GST ($101p/sqm)
+ Annual Reviews: 4% annually
*Please note, the above terms are proposed by the Vendor and they will provide consideration towards revised terms by the purchaser should it assist in reaching a mutually agreeable position.
Location Details:
+ Bell Street 277m*
+ Northland Shopping Centre 1.1km *
+ Bell Railway Station 2.3km*
+ Austin Hospital 2.45km *
+ Melbourne CBD 7.75km *
For further details on this property or your commercial property needs, please contact the marketing agents Jake George on 0421 221 0..., Matt Romanin on 0412 888 4..., Daniel Eramo on 0400 871 1... or Andrew Bell on 0456 810 9....
*Approx.
Rarely do opportunities arise to acquire such a quality and sizable asset in Melbourne’s inner northern suburbs. This unique island site of 8,817sqm* spread across five (5) titles and four (4) street frontages provides exceptional flexibility and potential outcomes for investors, developers (STCA), and owner-occupiers. Offered with a proposed two (2) year lease-back, this provides prospective purchasers with time to realise the maximum end outcome across the site.
Property Details:
+ Total Site Area: 8,817sqm*
+ Total Building Area: 8,128sqm*
+ Office Area: 576sqm*
+ Warehouse Area: 7,552sqm*
+ Four (4) Street Frontages
+ High Power (750kva)
+ Gas on-site
+ Multiple Gantry Cranes
+ Multiple Development outcomes (STCA)
Proposed Lease Back Details:
+ Tenant: Sneddon & Kingston Plastics Pty Ltd
+ Term: Two (2) Years
+ Options: One (1) Year
+ Rental: $825,000 per annum net plus GST ($101p/sqm)
+ Annual Reviews: 4% annually
*Please note, the above terms are proposed by the Vendor and they will provide consideration towards revised terms by the purchaser should it assist in reaching a mutually agreeable position.
Location Details:
+ Bell Street 277m*
+ Northland Shopping Centre 1.1km *
+ Bell Railway Station 2.3km*
+ Austin Hospital 2.45km *
+ Melbourne CBD 7.75km *
For further details on this property or your commercial property needs, please contact the marketing agents Jake George on 0421 221 0..., Matt Romanin on 0412 888 4..., Daniel Eramo on 0400 871 1... or Andrew Bell on 0456 810 9....
*Approx.
Property ID: 504578412Last Updated: 30 Apr 2024
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from CBRE - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
The Edge Enterprise Park, 50 Bakers Road,Coburg North, VIC 3058 283 - 459 m²Warehouse, Factory & Industrial
Contact Agent
37-47 Gawan Loop,Coburg North, VIC 3058 277 m²Warehouse, Factory & Industrial • Offices