Prominent Vacant Industrial Freehold
GrayJohnson is pleased to auction 231 Dundas Street, Preston, a rare, main-road freehold ideally positioned in the inner-north’s premier industrial estate. This vacant site presents a blank canvass ideal for
High-profile retail premises with expansive dual frontage.
GrayJohnson is pleased to bring to auction this exceptional vacant corner strata retail property for investors and occupiers alike.
With its dual frontage of more than 23 metres, this property offers outstanding branding and exposure to its future occupier. Ideally positioned on a prominent corner in the Plenty Valley Town Centre area, it occupies the prime ground floor position in the Olea mixed-use building. The building comprises 52 modern apartments and a number of retail tenancies at ground level.
Olea is the final stage of the extensive Mason Point mixed-use development and Oleander Drive has become a busy commercial strip providing goods and services to local residents. The surrounding precinct is home to Westfield Plenty Valley and other major retailers including Bunnings, KIA, Woolworths, KFC, Hungry Jack’s, Domino’s, Subway, Kool Kidz Childcare, HomeCo South Morang and the Rivergum Village Shopping Centre.
This spacious strata unit is suitable for a variety of uses including retail showroom, allied health facility or hospitality (STPA) and comes with a generous seven car spaces on the title. With dual entrances, an investor has the option to split the space into two separate retail tenancies, each with a significant street presence.
The Opportunity
• Vacant 163 sqm* retail space
• Expansive 23.2m * frontage
• Versatile space with dual entry
• 7 car spaces on title in secure rear complex
• Suit variety of uses (STCA)
• Commercial 1 Zone
Location
• Prime corner with high passing traffic
• Busy commercial precinct
• Short walk to Westfield Plenty Valley
• Minutes to South Morang railway station
• Bus route at the door
• Easy access to M80 Ring Road
Auction Thursday 29 May @ 12 noon
*Approx