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Colliers - Essendon Fields

194-202 Bell Street Preston, VIC 3072

Directions

194-202 Bell Street,
Preston, VIC 3072

Development Sites & Land

Key property information

Land area

Colliers - Essendon Fields
Nick O'Brien
Corey Vraca
Mitch Purcell

Colliers - Essendon Fields

Suite 1, 6 English Street
ESSENDON FIELDS, VIC 3041
Colliers - Essendon Fields
194-202 Bell Street
Preston, VIC 3072

Map of 194-202 Bell Street

Directions

Rare Island Site With Prominent Frontage!

  • Site area: 10,421sqm*
  • Island site with four Street Frontages
  • Inner North Infill Opportunity (STCA)
Colliers as the exclusive selling agents, are pleased to offer for sale 194-202 Bell Street, Preston, a rare island site, infill opportunity within Melbourne’s Northern industrial market.

A rare opportunity to secure an island site, strategically located approximately 9.5km north of the Melbourne CBD, the site benefits from immediate access to Bell Street, providing excellent connectivity to major arterials including the M80 Metropolitan Ring Road and M3 Eastern Freeway.

The site also benefits from being on the doorstep of an established residential catchment, providing an opportunity to capture the benefits of key last mile locations.

Key features:
- Island site with four (4) street Frontages
- Site area: 10,421sqm*
- Industrial 3 Zone – Darebin
- Land exhausted precinct; Preston is incredibly land con- strained, with limited supply of industrial land remaining and a severe lack of infill development opportunities, driving long term performance
- Inner Northern Infill land opportunity
- Excellent Connectivity
- Rare Island site with significant frontage: four street frontages with prominent frontage and exposure to Bell Street, Preston of approx. 136m* and a combined street frontage of approximately 417m*
- Proximity to key national and multinational occupiers: precent valid by national and multinational occupiers across the industrial and retail sectors; including, Bunnings Warehouse, Kitchen Warehouse, Petbarn, Harvey Norman, AMCOR & Australia Post
- Established residential catchment area: Supporting last mile warehousing and logistics and retailers.

For further information please contact Colliers, the exclusive selling agents.

Approx*
**Outline indicative only

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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