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CBRE - Victoria
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367-375 Bell Street Preston, VIC 3072

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For Sale - Expression of Interest

367-375 Bell Street
Preston, VIC 3072

Shop & Retail • Development Sites & Land • Showrooms & Bulky Goods
Sale Price

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Land area

1307.0m²

Floor area

566.0m²

Tenure type

Tenanted Investment

LAND RICH CORNER INVESTMENT FULLY LEASED TO RENOWNED RETAILER (4 STORES IN VICTORIA)

  • Land rich corner investment
  • Income producing + favourable guarantees
  • Long lease to renowned tenant
+ Land rich 1,307sqm* corner landholding with over 72m* of combined frontage

+ 5 year lease to highly rated statewide retailer Allure (4 stores in Victoria), providing gross annual income of $231,750* + GST with favourable personal guarantees plus fixed 3% annual rental increases

+ Rare land bank opportunity with highly favourable ‘Priority Development’ zoning

+ Centrally located between Bell Train Station, High Street retail precinct & the Preston Market

+ Unparalleled signage potential given the prime exposure to the heavily trafficked Bell Street (46,000* vehicles passing daily)

+ Set to benefit from improved accessibility as a result of the planned Bell Station ‘Level Crossing Removal Project’

+ Benefiting from direct linkage to major universities via public transport and St Georges Road

FOR SALE VIA PUBLIC EXPRESSIONS OF INTEREST CLOSING THURSDAY 21ST NOVEMBER AT 1.00PM (AEDT)

For information please contact the exclusive sales and marketing agents:

Rorey James
+61 439 400 081

Nic Hage
+61 448 782 594

Jing Jun Heng
+61 411 059 116

*approx

Property ID: 503368578Last Updated: 11 Nov 2019

CBRE - Victoria
367-375 Bell Street
Preston, VIC 3072
Nic Hage
Rorey James
Jing Jun Heng

CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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CBRE - Victoria

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CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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Nic Hage

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Nic Hage
CBRE - Victoria
367-375 Bell Street Preston, VIC 3072

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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