367-375 Bell Street,
Preston, VIC 3072
Shops & Retail • Development Sites & Land • Showrooms & Large Format Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
367-375 Bell Street
Preston, VIC 3072
Map of 367-375 Bell Street
LAND RICH CORNER INVESTMENT FULLY LEASED TO RENOWNED RETAILER (4 STORES IN VICTORIA)
- Land rich 1,307sqm* corner landholding
- Favourable ‘Priority Development’ zoning
- Unparalleled signage potential
+ 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 further information please contact the exclusive sales and marketing agents at CBRE:
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au
*approx
+ 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 further information please contact the exclusive sales and marketing agents at CBRE:
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au
*approx
Property ID: 503368578Last Updated: 6 Dec 2021
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from CBRE - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Preston Toyota, 687-705 High Street,Preston, VIC 3072 4700 m²Shops & Retail • Development Sites & Land
Contact Agent
27 Livingstone Street,Ivanhoe, VIC 3079 777 m²Medical & Consulting • Shops & Retail • Other