FOR RENT
Price on application

18/501-509 High Street
Preston VIC 3072

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 133m2
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High Time to Clinch this Corner Retail

With over 20 metres of frontage to High Street and Clinch Avenue, this property will allow you to corner the market in this bustling area zoned 'Priority Development Zone' by Darebin City Council.
An existing professional fit out from a blue-chip tenant means the property is ready to go or offers an incredible opportunity to create your own offering.
The property offers excellent amenities including bathroom and kitchenette facilities.
Arrange your viewing to clinch this opportunity for your business to be where things are happening.
• Large frontage to High Street & Clinch Avenue
• Total area | 133sqm approximately
• Zoning | Priority Development Zone
• Existing professional fitout

Property Details for 18/501-509 High St, Preston

Building Type
Commercial
Floor Size
133m2

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About Preston 3072

The size of Preston is approximately 11.5 square kilometres. It has 30 parks covering nearly 4.7% of total area. The population of Preston in 2011 was 29,925 people. By 2016 the population was 32,865 showing a population growth of 9.8% in the area during that time. The predominant age group in Preston is 30-39 years. Households in Preston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Preston work in a professional occupation. In 2011, 60.2% of the homes in Preston were owner-occupied compared with 56.7% in 2016.

Preston has 20,795 properties. Over the last 5 years, Houses in Preston have seen a 26.86% increase in median value, while Units have seen a 14.01% increase. As at 31 August 2024:

  • The median value for Houses in Preston is $1,137,706 while the median value for Units is $613,074.
  • Houses have a median rent of $613 while Units have a median rent of $500.
There are currently 70 properties listed for sale, and 34 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 783 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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Cameron Barber
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Brett Diston
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Ray White Commercial Diston Asset Services
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.