3B/47-53 Plenty Road Preston VIC 3072

Shop & Retail
103 m²
Sold

ESTABLISHED RESTAURANT WITH LONG LEASE

LONG LEASE
HIGH EXPOSURE POSITION
PURCHASE AS A GOING CONCERN

This long-established, high exposure restaurant on Plenty Road Preston offers prospective investors a long term income stream with a solid return of circa 5%.

The Opportunity
- Building area 103* sqm
- Current rental return $37,800 net
- Fixed 5 per cent annual rent increases
- 5 year lease commencing June 2023
- Option for a further 5

Ray White Preston

363 High Street

Preston, VIC 3072

Property Highlights

Floor Area	103 m²
Parking	2 x Onsite parkings
Property ID	2019322626
Category	Shop & Retail
Last updated	2 Oct 2024

Map for 3B/47-53 Plenty Road Preston VIC 3072

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Nearest transport* to 3B/47-53 Plenty Road Preston VIC 3072

Bus

Train

Tram

Warrs Ave/High St (Preston)	102 m
Warrs Ave/High St (Preston)	118 m
Miller St/High St (Preston)	196 m
Esther St/High St (Preston)	213 m

*Within a 4km radius

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Ray White Preston

363 High Street

Preston, VIC 3072

Property Highlights

Floor Area	103 m²
Parking	2 x Onsite parkings
Property ID	2019322626
Category	Shop & Retail
Last updated	2 Oct 2024

Co-Agents

Ray White Preston

Ray White Preston

More about 3B/47-53 Plenty Road Preston VIC 3072

3b/47-53 Plenty Road Preston VIC 3072 is categorized as Shop & Retail Property. It has a floor area of 103 m². There are 2 x onsite parkings.The listing ID for this property is 2019322626.