With industrial property the only commercial sector that continues to grow, both in capital and rental returns, this impressive stand-alone warehouse with ancillary offices represents a strategic purchase for a new owner-occupier or canny investor.
26 Beecher Street, Preston sits on a valuable landholding in a premier industrial precinct in Melbourne’s inner north. It is rare to find well-located buildings like this one in such an affordable price range. With no body corporate and being offered vacant possession, it offers a new owner-occupier the opportunity to move in and begin operating immediately. High tenant demand in the area also makes this a smart purchase for investors.
The building comprises a high-clearance warehouse with RSD access, plus first floor offices including staff kitchenette and facilities. The site offers valuable off-street parking and loading access.
Key features include:
• Building area 482 sqm* (ground floor 407 sqm*, first floor offices 75 sqm*)
• Land area 524 sqm* with wide frontage of 13.8m*
• Front RSD access plus pedestrian entry
This location is exceptional with direct main-road connections to both the Eastern Freeway (M3) and the Metropolitan Ring Road (M80). It’s 10km to the Melbourne CBD, a few minutes’ drive to Northland Shopping Centre, and Albert Street buses provide swift connections to the Station Street shopping precinct and Fairfield railway station.
If you would like more details on this forthcoming auction please contact Rory White 0439 655 504 or Matt Hoath 0418 543 714.
*approx.
