427 High Street
PRESTON, VIC 3072

Super Prime Freehold Opportunity

- Centrally located in the absolute prime of High Street with generous frontage and rear access to the Preston Market.
•  Substantial land area: 272sqm*
•  Leased to long standing International Retailer – Godfreys – 200 stores.
•  Rent: $85,489 plus outgoings (including Land Tax) and GST.
•  5 year lease expiring September 2021 – No option.
•  Zoned: Priority Development Zone (PDZ2). - promoting development of 4 storeys (STCA).
•  Off street parking for 4 cars.
•  Exceptional transport amenities nearby with Preston Train Station within walking distance.
•  Surrounded by excellent public car parking and a plethora of national retailers including Woolworths, Aldi, Chemist Warehouse, ANZ, CBA, NAB, established food and beverage operators and more.
•  Outstanding Owner Occupier opportunity and/or investment in tightly held retail precinct.


*approx.