367-375 Bell Street,
Preston, VIC 3072

Shops & Retail • Development Sites & Land • Showrooms & Large Format Retail

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CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

367-375 Bell Street

Preston, VIC 3072

Map of 367-375 Bell Street

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LAND RICH CORNER INVESTMENT FULLY LEASED TO RENOWNED RETAILER (4 STORES IN VICTORIA)

Land rich 1,307sqm* corner landholding
Favourable ‘Priority Development’ zoning
Unparalleled signage potential

+ Land rich 1,307sqm* corner landholding with over 72m* of combined frontage

+ 5 year lease to highly rated statewide retailer Allure (4 stores in Victoria), providing gross annual income of $231,750* + GST with favourable personal guarantees plus fixed 3% annual rental increases

+ Rare land bank opportunity with highly favourable ‘Priority Development’ zoning

+ Centrally located between Bell Train Station, High Street retail precinct & the Preston Market

+ Unparalleled signage potential given the prime exposure to the heavily trafficked Bell Street (46,000* vehicles passing daily)

+ Set to benefit from improved accessibility as a result of the planned Bell Station ‘Level Crossing Removal Project’

+ Benefiting from direct linkage to major universities via public transport and St Georges Road

For further information please contact the exclusive sales and marketing agents at CBRE:

Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au

*approx

Property ID: 503368578Last Updated: 6 Dec 2021

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CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000