107 & 107C Plenty Road Preston VIC 3072

Shop & Retail
120 m²
Sold, $750,000

HIGH YIELDING INVESTMENT - RETURNING OVER 5%

• Prominent Café Shop And Dwelling
• Leased to two (2) separate tenants looking happy to stay long term
• Rare Investment Opportunity

Key attributes:

107 Plenty Road, Preston (Café)
- Plenty road café corner position
- Single story with kitchen as well as garage
- Leased to long standing tenant of over 5 Years
- Returning $27,600* per annum inc GST + Outgoings
- Lease term: 4 year lease till 2025 with further 2x4 year option
- CPI increases per annum
- Excellent transport amenities nearby with Plenty Road (Tram 86) on your front door step and Bell Street Train Station.
-Parklands close by

107C Plenty Road, Preston (Studio)
-1 bedroom studio
-Kitchen
-Returning $1303 per month on a 2-year lease with a fixed increase to $1521 on 12/5/2023.

Total return =$43,000 approx plus outgoings

Please contact Michael or David for further details.

Biggin & Scott Inner North

84 Lygon Street

Brunswick East, VIC 3057

Property Highlights

Date Sold	7 Oct 2022
Sold Price	$750,000
Floor Area	120 m²
Land Area	120 m²
Parking	1 x Onsite parking
Property ID	2017884641
Category	Shop & Retail Other
Last updated	10 Oct 2022

Map for 107 & 107C Plenty Road Preston VIC 3072

Nearest transport* to 107 & 107C Plenty Road Preston VIC 3072

Bus

Train

Tram

Ferry

Esther St/High St (Preston)	153 m
Warrs Ave/High St (Preston)	182 m
Gertrude St/High St (Preston)	196 m
Warrs Ave/High St (Preston)	211 m

*Within a 4km radius

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Biggin & Scott Inner North

84 Lygon Street

Brunswick East, VIC 3057

Property Highlights

Date Sold	7 Oct 2022
Sold Price	$750,000
Floor Area	120 m²
Land Area	120 m²
Parking	1 x Onsite parking
Property ID	2017884641
Category	Shop & Retail Other
Last updated	10 Oct 2022

Listed by

David Rubinic

Biggin & Scott Inner North

Call

0419 009 932

More about 107 & 107C Plenty Road Preston VIC 3072

107 & 107c Plenty Road Preston VIC 3072 is categorized as Shop & Retail Property. It has a floor area of 120 m² and a land area of 120 m². There are 1 x onsite parkings.The listing ID for this property is 2017884641.