257-259 Bell Street,
Preston, VIC 3072

SOLD

Savills is delighted to present For Sale 257-259 Bell Street, Preston via Expressions of Interest. A high-exposure commercial building comprising of three (3) Office/Medical suites. This well-located freehold building offers an exceptional opportunity for Investors, Owner Occupiers and future Developers in one of Melbourne’s most rapidly evolving inner-north suburbs.

Key attributes of the property include:

• Prominent two (2) level building of 385m2 with 18m* frontage to Bell Street
• Seven (7) off street car spaces on title
• Newly renovated building with three (3) self contained Medical/Office suites
• The building is partially leased and currently returning $65,816 per annum gross + GST with SIGNIFICANT rental reversion and upside.
• Potential to part Owner Occupy the vacant suite of 125m2 + 2 cars
• Outstanding building signage opportunity to passing traffic on Bell Street
• Flexible Priority Development (PDZ2) Zoning allowing for future development (STCA)
• Multiple public transport options with Plenty Road/Bell Street Bus stop on your doorstep, Plenty Road Tram stop 45 (50m* away) & Bell Train Station (250m*away)
• Surrounded by an abundance of amenity including, High Street retail precinct, Preston South Shopping Centre, the iconic Preston Market and a wide range of local, national & boutique retailers

*Approximate

For further information please contact:

Tim Grant - 0478 666 2...
Harrison Casey - 0419 188 8...