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352 Bell Street
Preston VIC 3072
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Sold on 19 Oct 2018

352 Bell Street Preston VIC 3072

  • Offices
  • Sold

Blue Chip Investment - Government Tenant

CVA Property Consultants are pleased to present this fully fitted office, situated at 352 Bell Street, Preston for sale via Public Auction on Friday 19th of October 2018 at 12pm on-site.

Leased to Parliament of Victoria, this near new office is situated in a prime high exposure position, making this exceptional opportunity an immediately rewarding investment.

The Property

- Building area 183m2*

- 16 metre* frontage to Bell Street

- Disabled access

- Situated between St Georges Road and High Street

- 110 metres* from Bell Station

- Premium quality fit out

- Secure lock up car parking for 2 vehicles

- Over 40,000* vehicles passing daily

Investment Summary

- Leased to the Parliament of Victoria

- 8 year lease commencing 26th February 2018

- Two further options of 4 years each

- Current rental income $62,200 gross plus GST (estimated net $55,757.16 p.a.)

- 3% annual fixed increases

The property is situated on the street level of the Waterford Rise Apartments opposite Bell Train Station, between the major arterial roads of High Street and St Georges Road, only 700 metres* from the renowned Preston Market and around the corner from the Preston cafe and retail precinct.

Open For Inspection

Thursday 18th October 2018, 2:30pm - 3pm

For further information please contact CVA Property Consultants

*approx.

Property Highlights

Date Sold19 Oct 2018
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2014653163
Category
Last updated  19 Oct 2018
Map for 352 Bell Street Preston VIC 3072

Property Highlights

Date Sold19 Oct 2018
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2014653163
Category
Last updated  19 Oct 2018

Listed by

CVA Property Consultants Pty Ltd
Call
03 9654 2311

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