OFF MARKET

92 Bell Street
Preston VIC 3072

Bedrooms: -
Bathrooms: -
Car spaces: 17
Land area: 11033m2
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Property Details for Lot 10/92 Bell St, Preston

Building Type
Commercial
Land Size
11033m2
Local Government
Darebin
Lot/Plan
10/PS446712

Last Listing description (September 2018)

CBRE Large Format Retail is pleased to present as the exclusive agents a rare opportunity for lease in the heart of the Preston Large Format Retail precinct.
The tenancy is positioned fantastically along Bell Street enjoying dominant exposure to 41,000* passing cars daily. The Bell Street strip is home to a plethora of Large Format Retailers including Harvey Norman, Officeworks, Rays Outdoors, Nick Scali, Baby Bunting, Petbarn, Adairs, JB HiFi, Beacon Lighting, Super Amart & many more.
Preston is a suburb in Melbourne, Victoria, Australia, located 9 km north from Melbourne s central business district. Its Local Government Area is the City of Darebin.

The subject property is strategically located adjacent to Repco, immediately adjacent to the corner of Bell Street and Chifley Drive, a busy and strategic intersection. Also in immediate proximity is the Northland Regional Shopping Centre, the largest predominantly single-level shopping centre in Melbourne. It has more than 330 stores all spread on one floor but cinemas, Playtime and Pancake Parlour is on the top level.
The Northland Shopping precinct represents the hub of the Prestons shopping, According to The Darebin 2007 Household Survey 37.4% of Larger Household Goods shopping was enjoyed at the Northland Homemaker Centre.

Property History for Lot 10/92 Bell St, Preston, VIC 3072

A timeline of how this property has performed in the market
Listed for Rent
28 Aug 2019
  • 02 Jul 2018
    Listed for Rent - Price not available
  • 16 Apr 2018
    Listed for Rent - Price not available
  • 16 Jan 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 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.
There are currently 68 properties listed for sale, and 56 properties listed for rent in Preston on OnTheHouse. According to CoreLogic's data, 789 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.