OFF MARKET

273 Raglan Street
Preston VIC 3072

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 1221m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 273 Raglan St, Preston

Building Type
Commercial
Year Built
2013
Land Size
1221m2
Local Government
Darebin
Lot/Plan
B/PS627034

Last Listing description (April 2024)

This spacious office property is now available for lease. With a generous building area of 131sqm, this property offers ample space for your business needs. Conveniently located between High Street and Plenty Road, this property will lend itself to a variety of businesses.

Don't miss out on this fantastic opportunity to own a prime office property in Preston.

- Modern office/retail space of 131sqm* over 2 levels

- Split system air conditioning
- 2 allocated under-cover car spaces plus visitor parking
- Suite retail/office or medical use (STCA)
- Zoned Commercial One

Rental:
$35,000 per annum, $2,916.66 per month, $673.07 per week
(Plus outgoings and GST)

For further information or to arrange an inspection, please contact Ray White Commercial - Preston.

Property History for 273 Raglan St, Preston, VIC 3072

A timeline of how this property has performed in the market
Listed for Rent
$575/w
27 Nov 2023
  • 05 Jun 2023
    Listed for Rent $30,000 / year
  • 24 Dec 2020
    Listed for Rent - Price not available
  • 01 May 2015
    Listed for Rent $18,000 / year

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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 20,796 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 72 properties listed for sale, and 43 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 780 properties were sold in the past 12 months in Preston.

Suburb Insights for Preston 3072

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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.