6/19-33 Murray Road,
Preston, VIC 3072
Showrooms & Large Format Retail • Shops & Retail
Price information
Sold
$5,120,000
Key property information
Floor area
Property extent
Tenure type
Sold on
Map of 6/19-33 Murray Road
STRONG PERFORMING INVESTMENT
6/19-33 MURRAY ROAD, PRESTON
CBRE are delighted to present to the market for sale a strong performing retail investment on a brand new seven year lease. Better known as 6/19-33 Murray Road, Preston, this is an opportunity to invest in the tightly held Preston Northland Homemaker Centre, one Melbourne's most desired and dominant Homemaker centres.
Key features include:
- Brand new 7 year net lease commencing June 2015 with options until 2032
- Net lease structure with fixed annual rental increases of 3.5% per annum
- Located in one of Melbourne's most dominant Homemaker Centres, anchored by a long list of national brands including JB Hi-Fi, Freedom Furniture, The Good Guys, Fantastic Furniture, and McDonalds
- Immediately opposite the Super Regional Northland Shopping Centre, located approximately 11km from the Melbourne CBD
- Huge catchment area of 1.5 million people within a 20 minute drive*
- Fully leased to strong trading furniture business 'Maison Est' (3 stores in Victoria), providing a secure net annual income of $318,600* with a favourable 6-month bank guarantee in place
-Existing fit out including suspended ceiling, recessed lighting and rear loading
*approx.
The property is being offered FOR SALE VIA PUBLIC AUCTION ON THURSDAY 12TH NOVEMBER, 2015 AT 1.30PM
Josh Twelftree
+61 452 524 985
Rorey James
+61 439 400 081
Ryan Arrowsmith
+61 419 335 634
CBRE are delighted to present to the market for sale a strong performing retail investment on a brand new seven year lease. Better known as 6/19-33 Murray Road, Preston, this is an opportunity to invest in the tightly held Preston Northland Homemaker Centre, one Melbourne's most desired and dominant Homemaker centres.
Key features include:
- Brand new 7 year net lease commencing June 2015 with options until 2032
- Net lease structure with fixed annual rental increases of 3.5% per annum
- Located in one of Melbourne's most dominant Homemaker Centres, anchored by a long list of national brands including JB Hi-Fi, Freedom Furniture, The Good Guys, Fantastic Furniture, and McDonalds
- Immediately opposite the Super Regional Northland Shopping Centre, located approximately 11km from the Melbourne CBD
- Huge catchment area of 1.5 million people within a 20 minute drive*
- Fully leased to strong trading furniture business 'Maison Est' (3 stores in Victoria), providing a secure net annual income of $318,600* with a favourable 6-month bank guarantee in place
-Existing fit out including suspended ceiling, recessed lighting and rear loading
*approx.
The property is being offered FOR SALE VIA PUBLIC AUCTION ON THURSDAY 12TH NOVEMBER, 2015 AT 1.30PM
Josh Twelftree
+61 452 524 985
Rorey James
+61 439 400 081
Ryan Arrowsmith
+61 419 335 634
Property ID: 501724285Last Updated: 19 Apr 2021
03 8621 33...
6/19-33 Murray Road
Preston, VIC 3072
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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