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331-333 High Street
Preston VIC 3072
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331-333 High Street Preston VIC 3072

  • Shop & Retail
  • 434 m²
  • For Sale, Contact Agent

FULLY LEASED & REFURBISHED RETAIL INVESTMENT

  • Recently renewed leases
  • Fully refurbished building
  • Land rich retail investment

CBRE Melbourne are pleased to present For Sale a high-profile fully leased two-level freehold investment in the heart of High Street's activity centre.

Key property highlights are summarised below:

+ Offered fully leased to popular hospitality tenant Ce La Vi on the ground floor with a high-end fit and recently renewed 5+5+5 year lease

+ High profile double fronted freehold building on a land rich 413 square metre* landholding under Priority Development Zoned (PDZ) with over 11.64 metres* of retail exposure to High Street

+ Fully refurbished to a high standard first floor residential dwelling providing a diversified income stream with rental upside based off current lease figure

+ Exclusive signage rights to High Street, one of Northern Melbourne's key commercial arterials with the property directly benefitting from high levels of foot traffic from pedestrian cross located directly In front of the property

+ Excellent public transport connectivity and retail amenity with Preston Market in immediate walking distance (230 metres*) and Preston Train Station only 400m* away

331-333 High Street, Preston is For Sale via Expression of Interest closing Thursday 13th June 2024 at 2:00pm (AEST).

For further information or to arrange an inspection please contact the sales and marketing agents at CBRE:

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()

*Denotes Approx.

Property Highlights

Floor Area434 m²
Land Area413 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019237308
Category
Last updated  14 May 2024
Map for 331-333 High Street Preston VIC 3072

Property Highlights

Floor Area434 m²
Land Area413 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019237308
Category
Last updated  14 May 2024
Level 34, 8 Exhibition Street Melbourne VIC 3000

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