Skip to main content
Preston Toyota/687-705 High Street
Preston VIC 3072
SearchBack to results
Sold on 28 Jan 2022

Preston Toyota/687-705 High Street Preston VIC 3072

  • Shop & Retail
  • 4,700 m²
  • Sold

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

David Minty
+61 422 564 199
david.minty@cbre.com.au

Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com.au

Property Highlights

Date Sold28 Jan 2022
Floor Area4,700 m²
Land Area1.41 ha
ParkingOn site parking available
Building TypeWhole building
Property ID2017232197
Category
Last updated  7 Jun 2022
Map for Preston Toyota/687-705 High Street Preston VIC 3072

Property Highlights

Date Sold28 Jan 2022
Floor Area4,700 m²
Land Area1.41 ha
ParkingOn site parking available
Building TypeWhole building
Property ID2017232197
Category
Last updated  7 Jun 2022
Level 34, 8 Exhibition Street Melbourne VIC 3000

More Shop & Retail for Sale in Preston VIC

Sold
b29/16-20 albert street,preston, VIC 3072
62 m²
Shop & Retail
Sold
8/20 albert street,preston, VIC 3072
155 m²
Shop & Retail
Sold
b228/16-20 albert street,preston, VIC 3072
50 m²
Shop & Retail