12 Cramer Street Preston VIC 3072

Savills is delighted to offer for sale this two level office freehold located within the heart of the Preston Activity Centre.

The property is fully leased and adjoins the iconic Preston Market and is situated within walking distance to the bustling High Street retail strip.

Key attributes of the property include:
Two level office building of 630sqm* with 9 onsite car spaces
Ideal 457sqm* corner landholding with over 38 metres* frontage
Fully leased building returning $215,726 + GST & outgoing across two reputable tenancies
Future proof investment situated within Preston Central Structure Plan with a 10 level height limit (STCA)
Prime position adjoining Preston Market which benefits from 80,000 visitors annually
Ideal lifestyle location being within walking distance to the bustling High Street retail precinct & Preston City Oval
Less than 250 metres* from the recently upgraded Preston Train Station providing connectivity to the CBD & surrounding suburbs
Priority Development Zone (PDZ) allowing for a variety of uses

*Approximate

For Sale by Expressions of Interest closing Wednesday, 23 April at 2pm.

For further information please contact:

James Latos - 0422 604 900
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Beau Bakhtani - 0412 159 038