Preston Toyota, 687-705 High Street,
Preston, VIC 3072
Shops & Retail • Development Sites & Land
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CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
Preston Toyota, 687-705 High Street
Preston, VIC 3072
Map of Preston Toyota, 687-705 High Street
AN INTERGENERATIONAL INVESTMENT WITH UNRIVALLED FUTURE DEVELOPMENT SCOPE
- 1.41HA* ACTIVITY CENTRE LANDHOLDING
- TRIPLE NET LEASE TO ASX LISTED TENANT
- $1,082,345 p.a.* PASSING INCOME
**CAMPAIGN CLOSED**
+Strategic 1.41ha* premium gateway corner site
+Triple street frontage to High Street (103m*), Regent Street (99m*) and William Street (25m*)
+Established quality improvements comprising 4,700sqm* motor vehicle showrooms, spare parts showroom/store, service centre, carwash and large hardstand area
+Occupied by ASX listed Eagers Automotive (ASX:APE) with a market cap of over $4.2Billion*.
+Current passing income of $1,082,345 p.a.*
+Priority Development Zone (PDZ) promoting high density development (STCA).
+Positioned within Preston’s activity centre, only 250m* to Regent Train Station, 500m* to Woolworths & 600m* to Preston Market.
For further information please contact the exclusive sales and marketing agents at CBRE:
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
David Minty
+61 422 564 1...
david.minty@cbre.com.au
Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au
+Strategic 1.41ha* premium gateway corner site
+Triple street frontage to High Street (103m*), Regent Street (99m*) and William Street (25m*)
+Established quality improvements comprising 4,700sqm* motor vehicle showrooms, spare parts showroom/store, service centre, carwash and large hardstand area
+Occupied by ASX listed Eagers Automotive (ASX:APE) with a market cap of over $4.2Billion*.
+Current passing income of $1,082,345 p.a.*
+Priority Development Zone (PDZ) promoting high density development (STCA).
+Positioned within Preston’s activity centre, only 250m* to Regent Train Station, 500m* to Woolworths & 600m* to Preston Market.
For further information please contact the exclusive sales and marketing agents at CBRE:
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
David Minty
+61 422 564 1...
david.minty@cbre.com.au
Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au
Property ID: 503891418Last Updated: 7 Jun 2022
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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