For Sale by Expressions of Interest: Closing Thursday 19th June at 3pm. POINT OF INTEREST: A triple-income-stream asset sitting on one massive Preston block, this is a well-known Bell Street corner amongst a highly influential commercial strip. This land of opportunity stretches to 3,533 sqm*, opening many future opportunities for development or value-add to the existing offering. As it stands today, the 804 sqm* total building area is split between three tenancies, collecting $283,488.04 per annum in leasing income. Over 40,000* commuters pass this point daily, making it one of the northside’s most exposed locations. Pair this with a combined street frontage of 129 metres* to Bell Street and Daley Street, and the signage opportunity alone is worth its weight in gold. Big-name neighbours are not in short supply; in the vicinity there is a brand new multilevel Bunnings, Dan Murphy’s, Officeworks, JB-HiFi, and Northland Shopping Centre, plus United Petrol, Hungry Jacks, and KFC next door. - Future value-add development potential. - 3,533 sqm* total land area on high profile corner. - 804 sqm* total building area. - Industrial 1 zoning. - 129 metres* combined street frontage to Bell Street & Daley Street. - $283,488.04 per annum in total leasing income (September 2025). - Dual street frontages and access points. - 40,000 daily passing vehicles on Bell Street. - Surrounded by a multitude of national retailers like Bunnings, JB-HiFi, Officeworks, and BCF. POINT OF VIEW: A truly rare trophy asset that provides strong passing income, well established tenants, and limitless future development upside - ensuring your short, medium and long term investment parameters are all satisfied. *Approx. Pricing excludes GST
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Property ID: 504862980
Original Property ID: 504862980