140 High Street,
Preston, VIC 3072

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MORTGAGEE SALE

Land Area 230m² (approx.)
Prime Location in growth corridor
Land Bank/Development (STPA)

Nelson Alexander Commercial are pleased to offer for Public Auction this prominent freehold situated in a popular and rapidly evolving area south of Bell Street / High Street Preston.

Key Property Features:
• Land Area 230m² (approx.)
• Building Area 156m² (approx.)
• Zoning: Commercial 1
• Leased until May 2021 for $26,906.17 pa +GST + outgoings
• 4 Off street parking via rear lane
• ROW at rear
• Multi level development potential (STPA)
• Prime Location in growth corridor of High Street Preston

Auction date: 27th June 2019 at 1PM.
For all property enquiries or to arrange an inspection outside of the above times, please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.

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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