SoldAug 25, 2018

14C Gilbert Rd, Preston, VIC, 3072

$463,000

1
1

House

25 days on the market

Sold: Aug 25, 2018

What's around 14C Gilbert Rd

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.

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