Watch Watch
Your home of Development Ready videos
Watch Watch
All Videos
Back
Back to results
Properties / Buy / Victoria / Preston
Save
Share

1 Cope Street, Preston, VIC 3072

Enquire
+16 Photos
/
Images
Close

1 Cope Street, Preston, VIC 3072

Preston

Enquire now
1 Cope Street, Preston, VIC 3072
×
+18 Photos
1 Cope Street, Preston, VIC 3072

1 Cope Street, Preston, VIC 3072

Properties / Buy / Victoria / Preston
Development Potential
Property Type
Industrial
Land Area
8,817 m² (*approx)
LGA
Darebin City
Selling Method
Private Sale: Contact Agent
Show All
The Island Site – Develop (STCA), Invest or Owner Occupy
  • Island Development Site
  • Going concern
  • Power & Gas

CBRE is deloghted to exclusively present 1 Cope Street, Preston for sale via Private Sale.

Rarely do opportunities arise to acquire such a quality and sizable asset in Melbourne’s inner northern suburbs. This unique island site of 8,817sqm* spread across five (5) titles and four (4) street frontages provides exceptional flexibility and potential outcomes for investors, developers (STCA), and owner-occupiers. Offered with a proposed two (2) year lease-back, this provides prospective purchasers with time to realise the maximum end outcome across the site.

Property Highlights:

+ Total Site Area: 8,817sqm*

+ Total Building Area: 8,128sqm*

+ Office Area: 576sqm*

+ Warehouse Area: 7,552sqm*

+ Four (4) Street Frontages

+ High Power (750kva)

+ Gas on-site

+ Multiple Gantry Cranes

+ Multiple Development outcomes (STCA)

Proposed Lease Back Details:

+ Tenant: Sneddon & Kingston Plastics Pty Ltd

+ Term: Two (2) Years

+ Options: One (1) Year

+ Rental: $825,000 per annum net plus GST ($101p/sqm)

+ Annual Reviews: 4% annually

*Please note, the above terms are proposed by the Vendor and they will provide consideration towards revised terms by the purchaser should it assist in reaching a mutually agreeable position.

Location Details:

+ Bell Street 277m*

+ Northland Shopping Centre 1.1km *

+ Bell Railway Station 2.3km*

+ Austin Hospital 2.45km *

+ Melbourne CBD 7.75km *

For further details on this property or your commercial property needs, please contact the marketing agents Jake George on 0421 221 019, Matt Romanin on 0412 888 428, Daniel Eramo on 0400 871 191 or Andrew Bell on 0456 810 999.

*approx

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1 Cope Street Development Site Summary

Property Type
Industrial
Land Area
8,817 m² (*approx)
LGA
Darebin City
Selling method
Private Sale: Contact Agent

Development Site Highlights

The Island Site – Develop (STCA), Invest or Owner Occupy
  • Island Development Site
  • Going concern
  • Power & Gas

CBRE is deloghted to exclusively present 1 Cope Street, Preston for sale via Private Sale.

Rarely do opportunities arise to acquire such a quality and sizable asset in Melbourne’s inner northern suburbs. This unique island site of 8,817sqm* spread across five (5) titles and four (4) street frontages provides exceptional flexibility and potential outcomes for investors, developers (STCA), and owner-occupiers. Offered with a proposed two (2) year lease-back, this provides prospective purchasers with time to realise the maximum end outcome across the site.

Property Highlights:

+ Total Site Area: 8,817sqm*

+ Total Building Area: 8,128sqm*

+ Office Area: 576sqm*

+ Warehouse Area: 7,552sqm*

+ Four (4) Street Frontages

+ High Power (750kva)

+ Gas on-site

+ Multiple Gantry Cranes

+ Multiple Development outcomes (STCA)

Proposed Lease Back Details:

+ Tenant: Sneddon & Kingston Plastics Pty Ltd

+ Term: Two (2) Years

+ Options: One (1) Year

+ Rental: $825,000 per annum net plus GST ($101p/sqm)

+ Annual Reviews: 4% annually

*Please note, the above terms are proposed by the Vendor and they will provide consideration towards revised terms by the purchaser should it assist in reaching a mutually agreeable position.

Location Details:

+ Bell Street 277m*

+ Northland Shopping Centre 1.1km *

+ Bell Railway Station 2.3km*

+ Austin Hospital 2.45km *

+ Melbourne CBD 7.75km *

For further details on this property or your commercial property needs, please contact the marketing agents Jake George on 0421 221 019, Matt Romanin on 0412 888 428, Daniel Eramo on 0400 871 191 or Andrew Bell on 0456 810 999.

*approx

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

1 Cope Street, Preston, VIC 3072

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 1 Cope Street, Preston, VIC 3072

One moment please.

Retrieving map...

Due Diligence

Developments and amenities within a 5km radius of this Industrial opportunity at 1 Cope Street, Preston, VIC 3072.

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
1 Cope Street, Preston, VIC 3072 Preston
Enquire
CBRE Melbourne
CBRE Melbourne
Level 34, 8 Exhibition Street, Melbourne, Victoria, 3000
View Agency Profile
Daniel Eramo
Daniel Eramo
+61 *** *** *** show +61 400 871 191
Andrew Bell
Andrew Bell
+61 *** *** *** show +61 456 810 999
Jake George
Jake George
+61 *** *** *** show +61 421 221 019
Matthew Romanin
Matthew Romanin
+61 *** *** *** show +61 412 888 428
Enquire