1B Bell Street, PRESTON VIC 3072 SALE

Gorman Commercial is pleased to offer 1B Bell Street, Preston for sale by way of Expressions of Interest closing Tuesday 31st March at 2pm.

• Securely leased to longstanding tenant

• Strong income of $312,215 pa + GST + Outgoings
• Surrounded by National Retailers & Homemaker centres

Key highlights:

• Securely leased to longstanding operator trading as Pearl Energy
• Strong income of $312,215 pa + GST + Outgoings
• Underpinned by substantial land holding of 2,727sqm
• Perfectly positioned at the entry to Bell Street, Preston’s major homemaker centre location and directly opposite the newly built Bunnings superstore, Spotlight, Anaconda and many more national retailers
• Bell Street acts as one of Melbournes major northern arterial routes with in excess of 50,000 cars travelling each day.
• Lease term: 15 + 5 + 5 + 5 years
• Pearl Energy is one of Australia’s fastest emerging retailers in the petroleum industry, with in excess of 160 locations throughout Australia.
• Prominent frontage ang high exposure to Bell Street of 61+ metres