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Fitzroys - Melbourne

16 Cope Street Preston, VIC 3072

Directions

16 Cope Street,
Preston, VIC 3072

Warehouse, Factory & Industrial • Showrooms & Large Format Retail

Price information

Sale

$3,500,000 excluding GST

Key property information

Floor area

Zoning

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$128,750
Number of Tenants
1 Tenant

Private inspections

to arrange a private inspection.
Fitzroys - Melbourne
Brent Glassford
Marco Sandrin

Fitzroys - Melbourne

Level 27, 360 Collins Street
MELBOURNE, VIC 3000
Fitzroys - Melbourne
16 Cope Street
Preston, VIC 3072

Map of 16 Cope Street

Directions
  • Train stations within 5 km of 16 Cope Street, Preston, VIC 3072Distance
    Bell Station2.4 km
    Thornbury Station2.6 km
    Ivanhoe Station2.6 km
    Preston Station2.7 km
    Eaglemont Station2.8 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 16 Cope Street, Preston, VIC 3072Distance
    48-Gower St/Plenty Rd (Preston)1.8 km
    49-Murray Rd/Plenty Rd (Preston)1.8 km
    47-David St/Plenty Rd (Preston)1.9 km
    50-Sylvester GR/Plenty Rd (Preston)1.9 km
    45-Bell St/Plenty Rd (Preston)2 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 16 Cope Street, Preston, VIC 3072Distance
    Chifley Dr/Bell St (Preston)104 m
    Cope St/Bell St (Preston)167 m
    Bell St/Chifley Dr (Preston)239 m
    Daley St/Bell St (Preston)442 m
    Albert St/Bell St (Preston)547 m
    POWERED BY HERE ©
POWERED BY HERE ©

Supreme Investment Opportunity

  • Less Than 80m* From Bell Street
  • Returning $128,750 Per Annum
  • Leased To A National Tenant
Fitzroys is delighted to offer for sale this outstanding opportunity to acquire a well-located office warehouse in the heart of Preston, which is leased to strong covenant.

The property is surrounded by a wide variety of amenities and is within walking distance to Northland Shopping Centre and large format retail. The location also provides outstanding access to Melbourne CBD.

Key property features:

- Total floor area: 990sqm*
- Total site area: 900sqm*
- Well-appointed office and staff amenities
- CCTV and phone system
- Triple interceptor
- Zoned Industrial 1 (IN1Z)
- Clearspan warehouse
- Access via RSD

Key investment highlights:

- Lessee: Agar Cleaning Systems Pty Ltd
- Rental: $128,750* per annum + GST & outgoings
- Term: Five (5) Years (commenced on 1st February 2021)
- Option: One option of Three (3) Years
- Annual Increases: 3%
- Security Deposit: $37,375*
- Personal Guarantors


*approx.

Property ID: 504054683Last Updated: 1 Jul 2022

Fitzroys - Melbourne
Level 27, 360 Collins Street
MELBOURNE, VIC 3000
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