SOLD
Sold on 12 Apr 2024 for $4,500,000

3-7 Bell Street
Preston VIC 3072

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 112m2
Land area: 1747m2
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Property Details for 3-7 Bell St, Preston

Building Type
Commercial
Year Built
2011
Floor Size
112m2
Land Size
1747m2
Local Government
Darebin
Lot/Plan
65/LP13319

Last Listing description (June 2019)

Colliers International are pleased to present a high profile retail leasing opportunity at part ground floor, 3-7 Bell Street, Preston.

Prominently positioned with the advantage of a corner location and benefiting from a 44m* frontage along Bell Street. The site provides enormous exposure to passing vehicular traffic with over 20,000 cars per day*.


Key features are below:
Building area of 827m
28 car parking spaces
Zoned Industrial 1 (IN1Z)
Situated nearby reputable retailers, including; 99 Bikes, JAX Tyres, JB Hi-Fi, Super Amart, Baby Bunting and more
Excellent signage opportunities and exposure to high volumes of passing vehicular traffic
Multiple access; customer access from Bell Street and loading access from Chifley Drive
Rear yard/hardstand with RSD access to the site on Chifley Drive

*Approx.

Please contact your exclusive agents for any further information or to arrange an inspection.

Property History for 3-7 Bell St, Preston, VIC 3072

A timeline of how this property has performed in the market
Last Sold
$4,500,000
12 Apr 2024
Listed for Rent
23 May 2019
  • 12 Apr 2024
    Sold for $4,500,000
  • 30 Jan 2019
    Listed for Rent - Price not available
  • 23 Nov 2018
    Listed for Rent - Price not available
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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 20,867 properties. Over the last 5 years, Houses in Preston have seen a 16.39% increase in median value, while Units have seen a 15.51% increase. As at 31 October 2024:

  • The median value for Houses in Preston is $1,128,822 while the median value for Units is $619,019.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 76 properties listed for sale, and 46 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 766 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.