A commercial freehold property on High Street, north of Melbourne's CBD, will go under the hammer this month.

Situated between Bell Street and Plenty Road, 130 High Street is positioned within Preston's thriving commercial precinct which includes Woolworths, Dan Murphy's, 7-Eleven, Bridgestone Select, Aldi, National Storage and the Preston Market.

At a glance:

• A commercial freehold property at 130 High Street, Preston is being marketed for sale through Matt Hoath and Rory White of Gray Johnson.
• The property, which has a land area of 234 square metres and a combined frontage of 35 metres, comes with access to extensive access to major arterials including Bell Street, Plenty Road, St Georges Road and Darebin Road.
• An auction will be held at 2pm on Thursday, July 16. 

The property, which has a land area of 234 square metres and a combined frontage of 35 metres, also comes with extensive access to major arterials including Bell Street, Plenty Road, St Georges Road and Darebin Road, as well as all modes of public transport including train and tram services, with Preston train station 1 km away

Source: Gray Johnson

The immediate area has undergone a significant transformation with the introduction of several successful high-density apartment developments along High Street and Plenty Road. 

The site at 130 High Street is zoned Commercial 1 and has a rental income of $28,200 pa + outgoings and GST.

An auction for the property will be held at 2pm on Thursday, July 16. 

For more information, email or phone Matt Hoath or Rory White of Gray Johnson via the details provided below.

Click here to view the listing.

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