14C Gilbert Road,
Preston, VIC 3072

Shops & Retail • Other

Price information

Sold

$463,000

Detailed listing

Key property information

Floor area

Car spaces

Zoning

Municipality

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Map of 14C Gilbert Road

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Blue Chip Investment In Thriving Preston

High exposure - Commercial 1 Zoning
Yearly return $22,278.84 +GST +Outgoings
Building area of 59sqm approx

A cafe set amongst the up and coming Gilbert Road and Miller Street shopping strip, this modernized shop front that boasts great exposure with direct access to transport will appeal to those keen on capitalising on a high profile low-maintenance investment.

- Occupied by a trendy cafe with a yearly rental return of $22,278.84 + GST + Outgoings.
- Leased until 2021 with a further 5 x 5 year option.
- Fixed rent increase of 3% on each anniversary of the commencement date.
- New and modern design with a building area of 59sqm approx.
- High exposure setting with Commercial 1 Zoning, (C1Z).
- Open café seating area plus kitchenette with toilet.
- Single car space.
- Serviced by the No 11 tram.
- On the fringes of the Thornbury border.

Property ID: 502903726Last Updated: 7 Jun 2019

14C Gilbert Road

Preston, VIC 3072

Detailed listing

Ray White - Preston

363 High Street
PRESTON, VIC 3072

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