Sold

14C Gilbert Road,
Preston 3072, Victoria

1 bedroom
1 bathroom
House

$463,000


Property details

Blue Chip Investment In Thriving Preston.

A cafe set amongst the up and coming Gilbert Road and Miller Street shopping strip, this modernized shop front that boasts great exposure with direct access to transport will appeal to those keen on capitalising on a high profile low-maintenance investment.

- Occupied by a trendy cafe with a yearly rental return of $22,278.84 + GST + Outgoings.
- Leased until 2021 with a further 5 x 5 year option.
- Fixed rent increase of 3% on each anniversary of the commencement date.
- New and modern design with a building area of 59sqm approx.
- High exposure setting with Commercial 1 Zoning, (C1Z).
- Open cafe seating area plus kitchenette with toilet.
- Single car space.
- Serviced by the No 11 tram.
- On the fringes of the Thornbury border.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.


Explore the area


School catchments

  • Bell Primary School Primary Prep-6 Government 0.37km
  • Thornbury Primary School Primary Prep-6 Government 0.92km
  • Antonine College - Cedar Campus Combined Catholic 0.98km
  • Fitzroy Community School - Thornbury Campus Primary Independent 1.1km
  • St John's College Preston Combined Prep-12 Independent 1.1km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


Back to top