653 High Street,
Preston, VIC 3072
Shops & Retail • Offices • Showrooms & Large Format Retail
Key property information
Land area
Floor area
Property extent
Tenure type
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Map of 653 High Street
Invest for the Future!
Steveway Real Estate is delighted to be offering this high profile investment or future development (s.t.c.a). located in this high growth area amongst retail and residential developments nearby.
The key attributes of this exceptional opportunity includes:
Prime Retail Strip Location
Ideal Future Development Opportunity (s.t.c.a.)
Land Area: 191 sqm approx
Building Area: 108 sqm approx
Single level building with retail office areas, kitchen/break out area, bathroom, excellent rear roller door access for two car accommodation.
Currently returning $24,288.48 per annum plus outgoings plus GST with rental increases yearly by 3%.
Lease Term: Five (5) Years commenced on the 08/09/2016
Further Term: Five (5) Years
Zoning: Priority Development Zone
Ideal for investor, owner occupier or developer (s.t.c.a).
Excellent access to major arterials and the CBD
Outgoings paid by tenant estimated at:
Council Rates - $2,420.00 per annum
Water Rates - $1,100.00 per annum
The key attributes of this exceptional opportunity includes:
Prime Retail Strip Location
Ideal Future Development Opportunity (s.t.c.a.)
Land Area: 191 sqm approx
Building Area: 108 sqm approx
Single level building with retail office areas, kitchen/break out area, bathroom, excellent rear roller door access for two car accommodation.
Currently returning $24,288.48 per annum plus outgoings plus GST with rental increases yearly by 3%.
Lease Term: Five (5) Years commenced on the 08/09/2016
Further Term: Five (5) Years
Zoning: Priority Development Zone
Ideal for investor, owner occupier or developer (s.t.c.a).
Excellent access to major arterials and the CBD
Outgoings paid by tenant estimated at:
Council Rates - $2,420.00 per annum
Water Rates - $1,100.00 per annum
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
Steveway Real Estate - Richmond
235A Church StreetRICHMOND, VIC 3121
653 High Street
Preston, VIC 3072
Steveway Real Estate - Richmond235A Church Street
RICHMOND, VIC 3121
RICHMOND, VIC 3121
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111 High Street,Northcote, VIC 3070 118 m²Shops & Retail • Showrooms & Large Format Retail • Offices