143 Bell StreetPreston VIC 3072
Property Details for 143 Bell St, Preston
Last Listing description (March 2021)
POINT OF INTEREST
Boasting a 28 metre* frontage to Bell Street is the opportunity to purchase four retail shops as a whole with short term income.
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
POINT OF VIEW
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.
*Approx.
Pricing excludes GST
Property History for 143 Bell St, Preston, VIC 3072
- 28 Feb 2020Listed for Sale Contact Agent
- 06 Apr 2012Listed for Rent - Price not available
- 19 Jan 2012Listed for Rent - Price not available
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0About 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 21,007 properties. Over the last 5 years, Houses in Preston have seen a 16.49% increase in median value, while Units have seen a 7.89% increase. As at 31 December 2024:
- The median value for Houses in Preston is $1,138,391 while the median value for Units is $609,230.
- Houses have a median rent of $600 while Units have a median rent of $525.
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