Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
Shop 2/43 High Street, Preston
This commercial retail property offers an excellent entry-level investment opportunity with great exposure on High Street, a prominent location on the Thornbury/Preston fringe. Situated within the popular M1 Urban Building, the shop provides approximately 60 square meters of floor space, making it suitable for a variety of retail or commercial uses.
The property is securely leased until December 12, 2026, providing a stable income stream with a net return of $24,440 plus GST per annum. This makes it an attractive option for investors seeking a reliable and long-term rental income.
Additional benefits include two basement car parks, enhancing convenience for tenants and customers alike. The location benefits from excellent inner-city accessibility, placing it within a vibrant and growing commercial precinct.
Overall, this retail investment combines a strategic location, secure tenancy, and practical amenities, making it a compelling proposition for investors looking to enter the commercial property market in Preston.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Preston VIC 3072
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 60 m² |
Market Insights for Preston VIC 3072
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
