13-17 Murray Road Preston VIC 3072

Colliers are delighted to offer 13-17 Murray Road, Preston for private sale.

This is an exceptional opportunity to acquire a prominent retail investment that is 100% leased to two (2) high calibre and high performing tenants.

This sensational location that is directly opposite the well-known and ever popular Northland Shopping Centre with Murray Road frontage sees this investment opportunity outperform many others. In addition, 13-17 Murray Road, Preston is directly next-door to the Northland Homemaker Centre.

Key investment features are noted below:

-Significant land holding of 1,715m²*;
-Three (3) units with a total building area of 1,028m²* offered in one-line;
-Open car parking is provided on-site for approximately 15 vehicles;
-Prominent street frontage to Murray Road of over 46 metres*;
-100% leased to high calibre retailers including National Tiles and Mattress Builders;
-Strong passing income of $353,195 p.a.*;
-Diversified lease expiry profile;
-Positioned directly opposite the Major Regional, Northland Shopping Centre, anchored by Myer, Kmart, Target, Aldi, Coles, Woolworths and many international retailers;
-Next-door to the Northland Homemaker Centre anchored by The Good Guys, JB Hi-Fi, Fantastic Furniture plus many more;
-Considerable future value adding potential (STCA).

For further information, please contact the exclusive selling agents at Colliers.

Andrew Ryan
+61 408 543 527

Joe Kairouz
+61 421 430 638