FULLY LEASED & REFURBISHED RETAIL INVESTMENT
331-333 High Street, Preston VIC 3072
Contact Agent
RetailSize: n/a
Block size: 413 m² approx.
CBRE Melbourne are pleased to present For Sale a high-profile fully leased two-level freehold investment in the heart of High Street's activity centre.
Key property highlights are summarised below:
+ Offered fully leased to popular hospitality tenant Ce La Vi on the ground floor with a high-end fit and recently renewed 5+5+5 year lease
+ High profile double fronted freehold building on a land rich 413 square metre* landholding under Priority Development Zoned (PDZ) with over 11.64 metres* of retail exposure to High Street
+ Fully refurbished to a high standard first floor residential dwelling providing a diversified income stream with rental upside based off current lease figure
+ Exclusive signage rights to High Street, one of Northern Melbourne's key commercial arterials with the property directly benefitting from high levels of foot traffic from pedestrian cross located directly In front of the property
+ Excellent public transport connectivity and retail amenity with Preston Market in immediate walking distance (230 metres*) and Preston Train Station only 400m* away
331-333 High Street, Preston is For Sale via Expression of Interest closing Thursday 13th June 2024 at 2:00pm (AEST).
For further information or to arrange an inspection please contact the sales and marketing agents at CBRE:
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()
*Denotes Approx.
Key property highlights are summarised below:
+ Offered fully leased to popular hospitality tenant Ce La Vi on the ground floor with a high-end fit and recently renewed 5+5+5 year lease
+ High profile double fronted freehold building on a land rich 413 square metre* landholding under Priority Development Zoned (PDZ) with over 11.64 metres* of retail exposure to High Street
+ Fully refurbished to a high standard first floor residential dwelling providing a diversified income stream with rental upside based off current lease figure
+ Exclusive signage rights to High Street, one of Northern Melbourne's key commercial arterials with the property directly benefitting from high levels of foot traffic from pedestrian cross located directly In front of the property
+ Excellent public transport connectivity and retail amenity with Preston Market in immediate walking distance (230 metres*) and Preston Train Station only 400m* away
331-333 High Street, Preston is For Sale via Expression of Interest closing Thursday 13th June 2024 at 2:00pm (AEST).
For further information or to arrange an inspection please contact the sales and marketing agents at CBRE:
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()
*Denotes Approx.
Inspections
No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.
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Key details
Property type:
Retail
Block Size:
413 m²*
Other Details
Lot:
6
Plan:
LP10735
Legal description:
6\LP10735
Maps and area information
Block information
Block size: 413m² (approx)
Legal description: 6\LP10735
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
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SummaryMedian sales
Average Age
38 years
Population
33,790
Listing ID: 182515405. This listing has been viewed 0 times. It was first displayed on 10/05/2024 and last updated on 14/05/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.