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CBRE - Victoria

367-375 Bell Street Preston, VIC 3072

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367-375 Bell Street,
Preston, VIC 3072

Shop & Retail • Development Sites & Land • Showrooms & Bulky Goods

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CBRE - Victoria
367-375 Bell Street
Preston, VIC 3072
CBRE - Victoria
Nic Hage
Rorey James
Jing Jun Heng

CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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LAND RICH CORNER INVESTMENT FULLY LEASED TO RENOWNED RETAILER (4 STORES IN VICTORIA)

  • Land rich corner investment
  • Income producing + favourable guarantees
  • Long lease to renowned tenant
+ 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

EXPRESSIONS OF INTEREST NOW CLOSED

For information please contact the exclusive sales and marketing agents:

Rorey James
+61 439 400 081

Nic Hage
+61 448 782 594

Jing Jun Heng
+61 411 059 116

*approx

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Property ID: 503368578Last Updated: 16 Jan 2020

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CBRE - Victoria
CBRE - Victoria
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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Nic Hage

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Nic Hage
CBRE - Victoria
367-375 Bell Street Preston, VIC 3072

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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