BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:HIGH EXPOSURE LANDHOLDING WITH DUAL STREET FRONTAGE\nEXPOSURE PLUS ON BELL STREET | FLEXIBLE 2\,300 SQM* SITE IN CORE PRESTON LOCATION\ n\nVinci Carbone and Gray Johnson are pleased to present this exceptional high-profile occupier and development opportunity located at 144 Bell St reet\, Preston.\n\nPositioned within one of Melbourne’s most tightly held inner-northern suburbs\, the property comprises a substantial 2\,300 sqm * landholding with significant dual street frontages to Bell Street and O vando Street exceeding 30 metres* each.\n\nThe existing improvements comp rise an 880 sqm* office and warehouse facility with front and rear access \, providing short-term holding income and immediate functionality for oc cupiers\, while also offering exceptional flexibility for refurbishment o r redevelopment (STCA).\n\nImportantly\, the lease structure provides fut ure flexibility for owner-occupiers and developers\, with an early termin ation provision available from September 2026.\n\nStrategically positione d along Bell Street\, the property benefits from outstanding connectivity to Albert Street\, Plenty Road and Melbourne’s broader arterial road net work\, providing seamless access to the CBD\, northern suburbs and wider metropolitan area.\n\nThe surrounding precinct is home to a range of nati onal occupiers including Bunnings\, Harvey Norman\, Officeworks\, JB Hi-F i\, Chemist Warehouse and Australia Post\, reinforcing Preston’s position as a highly sought-after commercial and industrial location.\n\n Flexibl e Landholding: Substantial 2\,300 sqm* site with enormous future flexibil ity\n High Exposure Frontage: Over 60 metres* of combined frontage to Bel l Street and Ovando Street\n Existing Improvements: 880 sqm* office and w arehouse facility with front and rear access\n Industrial 3 Zoning: Flexi ble zoning supporting a wide range of future outcomes (STCA)\n Flexible L ease Profile: Existing holding income with future vacant possession flexi bility via early termination provision from September 2026\n Occupier & D evelopment Upside: Ideal opportunity to refurbish\, reposition or redevel op the site (STCA)\n Strategic Inner-North Location: Positioned within Pr eston’s established commercial and industrial precinct\n National Surroun ding Occupiers: Nearby operators include Bunnings\, Harvey Norman\, Offic eworks and JB Hi-Fi\n Strong Connectivity: Excellent access to Albert Str eet\, Plenty Road and key metropolitan arterials\n\nFor Sale via Expressi ons of Interest closing Thursday 18 June at 4pm.\n\n*approx. DTEND:20260618T160000 DTSTAMP:20260520T060339Z DTSTART:20260618T160000 SEQUENCE:0 SUMMARY:Expression Of Interest: 144 Bell Street\, Preston VIC UID:CRE-2020855923-EOI X-ALT-DESC;FMTTYPE=text/html:< title>

HIGH EXPOSURE LANDHOLDING WITH DUAL STREET FRONTAGE
EXPOSURE PLUS ON BELL STREET | FLEXIBLE 2\,300 SQM * SITE IN CORE PRESTON LOCATION\n
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Vinci Carbone and Gray J ohnson are pleased to present this exceptional high-profile occupier and development opportunity located at 144 Bell Street\, Preston.\n
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Positioned within one of Melbourne’s most tightly held inner-northe rn suburbs\, the property comprises a substantial 2\,300 sqm* landholding with significant dual street frontages to Bell Street and Ovando Street exceeding 30 metres* each.\n
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The existing improvements com prise an 880 sqm* office and warehouse facility with front and rear acces s\, providing short-term holding income and immediate functionality for o ccupiers\, while also offering exceptional flexibility for refurbishment or redevelopment (STCA).\n
\n
Importantly\, the lease structu re provides future flexibility for owner-occupiers and developers\, with an early termination provision available from September 2026.\n
\n
Strategically positioned along Bell Street\, the property benefits from outstanding connectivity to Albert Street\, Plenty Road and Melbourn e’s broader arterial road network\, providing seamless access to the CBD\ , northern suburbs and wider metropolitan area.\n
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The surr ounding precinct is home to a range of national occupiers including Bunni ngs\, Harvey Norman\, Officeworks\, JB Hi-Fi\, Chemist Warehouse and Aust ralia Post\, reinforcing Preston’s position as a highly sought-after comm ercial and industrial location.\n
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Flexible Landholding: S ubstantial 2\,300 sqm* site with enormous future flexibility\n
Hig h Exposure Frontage: Over 60 metres* of combined frontage to Bell Street and Ovando Street\n
Existing Improvements: 880 sqm* office and war ehouse facility with front and rear access\n
Industrial 3 Zoning: Flexible zoning supporting a wide range of future outcomes (STCA)\n
Flexible Lease Profile: Existing holding income with future vacant poss ession flexibility via early termination provision from September 2026\n
Occupier & Development Upside: Ideal opportunity to refurbish\, re position or redevelop the site (STCA)\n
Strategic Inner-North Loca tion: Positioned within Preston’s established commercial and industrial p recinct\n
National Surrounding Occupiers: Nearby operators include Bunnings\, Harvey Norman\, Officeworks and JB Hi-Fi\n
Strong Conn ectivity: Excellent access to Albert Street\, Plenty Road and key metropo litan arterials\n
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For Sale via Expressions of Interest clo sing Thursday 18 June at 4pm.\n
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*approx.

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