Preston

64-74 Bell Street, VIC

Property Description

The site is located in a prominent position with excellent exposure on Bell Street Preston approximately 12 kilometres north of the Melbourne central business district. The property is a recently constructed multi-level Bunnings Warehouse that was completed in June 2023. The retail component is split with timber trade sales on the ground floor and the main warehouse along with bagged goods canopy and nursery on the second floor with car parking is over the ground and first floor. Bunnings committed to a 12 year lease which commenced in August 2023. The property was acquired as part of a portfolio acquisition in the first half of the 2024 calendar year.

Property Location