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Retail for Sale

354 Bell Street Preston, VIC 3072

$435,000 to $475,000
  • Building: 71m²

Contact the agent if you'd like further information.

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Retail for Sale in Preston

ENTRY LEVEL INVESTMENT OPPORTUNITY

  • Building: 71m²
  • Centrally located in Bell Street within close proximity to Bell and Preston Stations and the Preston Market
  • Shop of 71 sqm with great exposure currently set up as a massage therapist
  • Three separate treatment rooms and a kitchenette/shower
  • One allocated secure basement car space
  • Heating and cooling throughout
  • Lease details:
  • Three (3) lease year commencing on 25th September 2023
  • Two (2) further options of three (3) years each
  • Fixed 5 per cent annual increases with a market review on each option to renew
  • Net rental return of $23,814 per annum

From 1 July 2024, eligible buyers of commercial and industrial properties can choose to pay stamp duty in full at settlement or spread the payments over 10 years.

For further information or to arrange an inspection contact:
John Kalpakis 0412 500 250
john.kalpakis@raywhite.com
or
Mitchell Kalpakis 0428 761 735
mitch.kalpakis@raywhite.com

DISCLAIMER:
Whilst Ray White Preston has taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accepts no responsibility and disclaims all liability in respect of any errors, inaccuracies, or misstatements contained herein.
Ray White Preston urges prospective purchasers to make their own inquiries to verify the information contained herein.

Building:

71m²

Zone:

Activity Centre Zone

Tenancy:

Vacant

Categories:

Retail, Medical/Consulting

Due diligence checklist for home and residential property buyers

354 Bell Street, Preston, VIC 3072
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