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1B Bell Street, Preston
expression of interest
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High Profile Gateway Investment Amongst Major Retail Precinct
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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
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Listing Highlights
- Securely leased to longstanding tenant
- Strong income of $312,215 pa + GST
- Surrounded by National Retailers & HMC
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