For Sale

425 High Street, PRESTON 3072

  • Building Area 264 m²

PRIME INVESTMENT IN PRESTON ACTIVITY CENTRE

Auction

Auction Date: 28 May 2021 @ 12:30 PM
Auction Location: ON SITE

Highlights

  • PRIME RETAIL STRIP LOCATION
  • LEASED INVESTMENT TO QUALITY TENANTS
  • PRIORITY DEVELOPMENT ZONE
  • TWO (2) STREET FRONTAGES

Description



* Land area: 289.2sqm*
* Building area: 264 sqm*
* Retail frontage to High Street of 5.8metres* plus frontage at the rear to Mary Street of 5.6metres*
* Current net income: $85,489.66 pa (plus GST)*
* 5 year lease commencing 1 April 2018
* 1 further term of 5 years
* Preston Activity Centre location within immediate proximity to Preston Market (at rear), Woolworths & Aldi supermarkets
* Walking distance to Preston Train Station

*approx.

CALL TODAY FOR AN IMMEDIATE INSPECTION!

Tenure

Tenanted Investment

GST

All prices quoted are exclusive of GST.

Building Area 264 m² Land Area 289 m²

Documents

Agents

Joshua Colosimo

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