Back to previous step
Close
492-494 High Street, Preston, VIC 3072
Preston
*Expressions of Interest close Tuesday 16th May at 3:00pm*
Hockingstuart Preston is pleased to offer for sale this double fronted commercial property with onsite parking, situated on a prime corner position with rear lane access, that offers flexible options to occupy/invest or develop in a Priority Development Zone (STCA).
This exceptionally positioned High Street property offers a developer, small business owner or savvy investor an exciting opportunity to secure their spot in one of Melbourne's most popular inner-northern communities.
The property comprises a generous shop front of approx. 94.6m2 currently operating as Youngman Cafe fitted with Dining room, kitchen and store/cold room and a rear carpark
• Freehold Commercial building with an abundance of car-parking at the rear
• Offered with the security of a newly signed 3 year lease to 2026 returning $42,809 inclusive of GST + outgoings plus a further 3 year option
• Prime corner landholding of 297m2* with rear lane access
• Bustling High Street retail precinct offering a plethora of retail amenities and transport options
• Occupy / Invest / Develop (STCA)
• PDZ2 - Priority Development Zone - Schedule 2 with future potential 4 level development (STCA).
• Development potential with concept drawings available on request
For further information or to inspect the property, please contact:
Abraham Kalamouni 0400 506 219
Joe Ledda 0418 176 858
Remember to mention you found this property on DevelopmentReady
*Expressions of Interest close Tuesday 16th May at 3:00pm*
Hockingstuart Preston is pleased to offer for sale this double fronted commercial property with onsite parking, situated on a prime corner position with rear lane access, that offers flexible options to occupy/invest or develop in a Priority Development Zone (STCA).
This exceptionally positioned High Street property offers a developer, small business owner or savvy investor an exciting opportunity to secure their spot in one of Melbourne's most popular inner-northern communities.
The property comprises a generous shop front of approx. 94.6m2 currently operating as Youngman Cafe fitted with Dining room, kitchen and store/cold room and a rear carpark
• Freehold Commercial building with an abundance of car-parking at the rear
• Offered with the security of a newly signed 3 year lease to 2026 returning $42,809 inclusive of GST + outgoings plus a further 3 year option
• Prime corner landholding of 297m2* with rear lane access
• Bustling High Street retail precinct offering a plethora of retail amenities and transport options
• Occupy / Invest / Develop (STCA)
• PDZ2 - Priority Development Zone - Schedule 2 with future potential 4 level development (STCA).
• Development potential with concept drawings available on request
For further information or to inspect the property, please contact:
Abraham Kalamouni 0400 506 219
Joe Ledda 0418 176 858
Remember to mention you found this property on DevelopmentReady
492-494 High 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:*
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
One moment please.
Retrieving map...
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:*
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
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
