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Miles Real Estate - Ivanhoe

120-126 Regent Street Preston, VIC 3072

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120-126 Regent Street,
Preston, VIC 3072

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Miles Real Estate - Ivanhoe
Rhys Burke
Paul Evans
Mark Dixon

Miles Real Estate - Ivanhoe

143 Upper Heidelberg Road
IVANHOE, VIC 3079
Miles Real Estate - Ivanhoe
120-126 Regent Street
Preston, VIC 3072

Map of 120-126 Regent Street

Directions
  • Train stations within 5 km of 120-126 Regent Street, Preston, VIC 3072Distance
    Regent Station914 m
    Preston Station1.3 km
    High Street Reservoir1.8 km
    Reservoir Station1.9 km
    Bell Station1.9 km
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  • Tram stops within 5 km of 120-126 Regent Street, Preston, VIC 3072Distance
    47West PrestonGilbert Rd Preston99 m
    46-McNamara St/Gilbert Rd (Preston)140 m
    45-Jacka St/Gilbert Rd (Preston)411 m
    44Cooper StGilbert Rd Preston601 m
    43-Murray Rd/Gilbert Rd (Preston)813 m
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  • Bus stops within 5 km of 120-126 Regent Street, Preston, VIC 3072Distance
    Gilbert RdRegent St91 m
    Crispe St/Haig St (Reservoir)258 m
    Haig StGilbert Rd259 m
    Beatty StGilbert Rd Reservoir330 m
    Knox StGilbert Rd Reservoir484 m
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POWERED BY HERE ©

Expressions of Interest Closing Thursday 5 March at 4pm

Prime Investment Opportunity!

A rare opportunity to acquire a high-profile, income-producing commercial investment on Regent Street within the vibrant Regent Village precinct.

Prominently positioned with strong exposure and excellent street presence, the property benefits from consistent foot traffic, strong tenant demand and outstanding connectivity. It is located opposite the popular JS Grey Reserve and approximately 50 metres from the Gilbert Road tram terminus, providing exceptional amenity for tenants and customers alike.

Generating a secure annual rental income of $118,450 per annum, this is a true turnkey investment offering immediate returns and long-term security.

The property is strategically positioned within close proximity to Coburg Hill Shopping Centre, Preston Market, High Street retail and hospitality precincts, Edwards Street's established commercial and industrial hub, and is conveniently serviced by Regent and Reservoir Train Stations, ensuring excellent accessibility and sustained demand.

Surrounded by well-established businesses and benefiting from strong transport links, this tightly held location continues to experience ongoing growth, reinforcing its long-term investment appeal.

Property Highlights:
- Land Area: 1,013 sqm (approx.)
- Building Area: 750 sqm (approx.)
- Annual Rental Income: $118,450 + GST + outgoings
- Prime Regent Street position - within the heart of Regent Village
- Exceptional amenity - opposite JS Grey Reserve, moments to tram and train services
- Strong connectivity - easy access to major arterials, public transport and nearby commercial hubs
- Investment appeal - secure income stream in a proven inner-north location

This is an outstanding opportunity for investors seeking a low-risk, high-exposure commercial asset in one of Melbourne's most tightly held inner-northern precincts.

Preston, 3072 demographic data

The median household income for Preston is $1,844, 3% lower than Greater Melbourne's household income of $1,901. Preston has a similar age profile compared to the rest of Greater Melbourne (median age 37). Property ownership data shows 51% of property owners in Preston have a mortgage.

33,790
Population
$1,844 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households

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