5 High Street,
Preston, VIC 3072
Shops & Retail
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Savills - Melbourne
Level 29, South Tower, 80 Collins StreetMELBOURNE, VIC 3000
5 High Street
Preston, VIC 3072
Map of 5 High Street
Brand New Affordable Retail Investment
- Brand New Modern Retail
- New 5+5+5 Lease
- High Quality Tenant
Savills Melbourne is delighted to offer for sale this brand new retail tenancy in Melbourne’s evolving northern suburbs at 5 High Street, Preston. This property represents a fantastic opportunity to secure a prime retail investment with a new long-term lease with options to a highly reputable tenant.
The key attributes of the property include:
- Brand new 163sq m* retail premises
- New 5+5+5 year lease from January 2018
- Net Rental: $54,080 per annum* (as at Jan 2019) + Outgoings
- Fixed annual 4% rental reviews
- Includes 2 secure car spaces on title
- Well renowned tenant ‘I Love Dumplings’ with 6 venues across Melbourne
- Situated to the ground floor of the state of the art ‘9High’ mixed-use development
- Premium High Street location, offering some of Melbourne’s best retail and lifestyle amenity
- A proven retail market within a rapidly evolving inner northern suburb!
For further information please contact:
Julian Heatherich - 0412 995 6...
Benson Zhou - 0458 488 8...
*Approx.
The key attributes of the property include:
- Brand new 163sq m* retail premises
- New 5+5+5 year lease from January 2018
- Net Rental: $54,080 per annum* (as at Jan 2019) + Outgoings
- Fixed annual 4% rental reviews
- Includes 2 secure car spaces on title
- Well renowned tenant ‘I Love Dumplings’ with 6 venues across Melbourne
- Situated to the ground floor of the state of the art ‘9High’ mixed-use development
- Premium High Street location, offering some of Melbourne’s best retail and lifestyle amenity
- A proven retail market within a rapidly evolving inner northern suburb!
For further information please contact:
Julian Heatherich - 0412 995 6...
Benson Zhou - 0458 488 8...
*Approx.
Property ID: 503023686Last Updated: 16 Jun 2021
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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