OVERVIEW

Cushman & Wakefield in Conjunction with Elever Property Group is pleased to present this high-profile investment opportunity situated at 326 High Street, Preston, for sale via Public Auction on Thursday, 29 May 12.30pm on-site (AEST). 

The key highlights of the opportunity include:

- Annual rental return of $120,798 + GST + outgoings, offering a secure high-yielding asset in a tightly held retail destination 

- Fixed annual rental increases of 3%, providing excellent built-in income growth. 5-year lease plus two (2) further five (5) year options to 2038

- Preston Smile: Established and reputable dental provider with over 4.5-star Google review 

- No expense spared fit out of 205 sqm* modern dentistry facility, incorporating one reception area, 8 consult rooms, an admin office, and communal amenities 

- The prominent medical tenanted freehold is strategically positioned in the heart of High Street just minutes away from the recently upgraded Preston train station (350m*)

- Opposite the famous Preston Market and surrounded by a strong mix of national retailers, including Woolworths, Aldi, Chemist Warehouse, CBA, ANZ along with popular eateries along High Street

- High-exposure retail shop on a major commuter road with 18,000+ vehicles passing daily, and easy access to Northland Shopping Centre and Austin Hospital 

For more information, please contact Cushman & Wakefield and Elever Property Group as the exclusive selling agent:

Cushman & Wakefield 

Raphael Favas | +61 435 916 380

Valerie Tang 邓梓珊 | +61 421 271 215 | Wechat: Valerie_1999530

Elever Property Group

Michael Tattos | +61 413 288 903