4 Title's on Bell Street with Development Scope!

EOI - 143-145A Bell Street, Preston, VIC 3072

Development/Land (Childcare, Offices, Residential, Retail, Hotel/Leisure, Showroom), Investment (Retail, Development/Land)


Property ID: 16187
Price: Contact Agent
Rent: $58,000 (ex. GST)
Building: 480m²
Land: 924m²
Zoning: Commercial 1 Zone
02/04/2020 03:00 PM
Add to Calendar 02/04/2020 03:00 PM 02/04/2020 03:00 PM Australia/Melbourne EOI - 143-145A Bell Street, Preston, VIC 3072 4 Title's on Bell Street with Development Scope! Anthony Cannizzaro anthony.cannizzaro@cva.melbourne false DD/MM/YYYY akKqZLDfczNDwEvbmmHA24960


Boasting a 28 metre* frontage to Bell Street is the opportunity to purchase four retail shops as a whole with short term income via Expressions of Interest Closing Thursday 2nd April 2020 at 3pm.

The two level buildings provide a combined Commercial 1 Zoned land holding of 924m2*, total building area of 480m2* and rear ROW access. This sought after zoning can offer the astute purchaser potential for a main road mixed use development, child care centre or offices (STCA).

Property Summary;

- 4 Titles
- Total net rental: $58,000 p.a. net plus GST
- Potential fully let income of $120,000 p.a.*
- Commercial 1 Zone
- Total land area: 924m2*
- Total building area: 480m2*
- Rear ROW access
- Exposure to over 46,000* vehicles passing daily

Located between Albert Street and Plenty Road, the site is well serviced by bus services running along Bell Street and high profile tenants including Dan Murphys, Officeworks, Kennards Self Storage and Harvey Norman.

For further information please contact CVA Property Consultants.

Pricing excludes GST

Additional Info

Occupancy Tenanted: Various
Suitable Development Mixed Use
Permits Issued N/A
Availability Upon Settlement
Lease Term N/A
Rent Review N/A
Commenced N/A
Bonds / Guarantees N/A
Car Spaces On-site rear parking
Car Parking Fees N/A
Outgoings Payable By Lessee as per lease
Water Rates $3,946
Owners Corp. / Insurance TBA
Other Charges N/A
Council Rates $9,981
Land Tax $16,838

Agent Details

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