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Back 14C Gilbert Rd
Off Market

14C Gilbert Rd

Preston VIC 3072

1
1
House
Last sold for $463,000
John CatanzaritiJohn Catanzariti, last sold this property on 24 August 2018 after 24 days on market.

Overview

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.

Features

1 bedroom
1 bathroom
House

Estimated Value

We need at least 3 similar 1 bedroom houses sold in Preston over the last 12 months.

Property history for 14C Gilbert Rd

2018
Sold
$463,000
24 Aug 2018 by John Catanzariti, of Ray White Preston

Happy sellers in Preston

97%
97% of sellers in Preston reported that their sale price either exceeded or met their price expectations.

Preston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 122 reviews in Preston over the last 12 months.

Local market activity for 1 bedroom houses in Preston

In the last 12 months, 2 one-bedroom houses similar to 14C Gilbert Rd, have been sold.

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