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Gorman Commercial - Real Estate

52-56 Mary Street Preston, VIC 3072

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52-56 Mary Street,
Preston, VIC 3072

Offices • Development Sites & Land

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Sale - Expression of Interest closing Wed 5 Jun

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Gorman Commercial - Real Estate
Stephen Gorman
Jonathon McCormack

Gorman Commercial - Real Estate

415 Riversdale Road
HAWTHORN EAST, VIC 3123
Gorman Commercial - Real Estate
52-56 Mary Street
Preston, VIC 3072

Map of 52-56 Mary Street

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  • Train stations within 5 km of 52-56 Mary Street, Preston, VIC 3072Distance
    Preston Station331 m
    Bell Station492 m
    Regent Station1.4 km
    Thornbury Station1.6 km
    Croxton Station2.6 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 52-56 Mary Street, Preston, VIC 3072Distance
    45-Bell St/Plenty Rd (Preston)581 m
    47-David St/Plenty Rd (Preston)581 m
    44-Osborne GR/Plenty Rd (Preston)656 m
    44-Seymour St/Plenty Rd (Preston)678 m
    48-Gower St/Plenty Rd (Preston)708 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 52-56 Mary Street, Preston, VIC 3072Distance
    Gower St/High St (Preston)143 m
    Cramer StHigh St173 m
    Bruce St/High St (Preston)181 m
    David St High St201 m
    All Saints Preston Church/High St (Preston)357 m
    POWERED BY HERE ©
POWERED BY HERE ©

FREESTANDING OFFICE BUILDING WITH SECURE INCOME PLUS HUGE FUTURE UPSIDE

  • Current income: $205,890 pa
  • Land area: 1,760 sqm
  • Building area: 1,276 sqm
Gorman Commercial is pleased to offer for sale 52-56 Mary Street, Preston via Expressions of Interest closing on Wednesday 5th June at 2pm.

This freestanding office investment in the heart of the action in Preston presents an outstanding opportunity to secure income from a long-standing tenant with the future prospect for development.

Key features include:

* Current income: $205,890 pa + GST + outgoings
* Substantial 1,760 sqm* landholding
* Building area of 1,276 sqm*
* 39 car parks on title plus adjoining council car park
* Zoning: Priority Development
* Huge future development potential (STCA)
* NABERS Rating 4.5 stars

52-56 Mary Street, Preston Perfectly positioned directly opposite Preston City Oval benefiting from an adjoining council carpark and easy access to Preston Train Station. Furthermore, the property is on the door step of the iconic Preston Market.

Property ID: 504586124Last Updated: 23 May 2024

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