354 Bell StreetPreston VIC 3072
Property Details for 354 Bell St, Preston
Last Listing description (March 2026)
- Centrally located in Bell Street within close proximity to Bell and Preston Stations and the Preston Market
- Shop of 71 sqm with great exposure currently set up as a massage therapist
- Three separate treatment rooms and a kitchenette/shower
- Heating and cooling throughout
- Lease details:
- Three (3) lease year commencing on 25th September 2023
- Two (2) further options of three (3) years each
- Fixed 5 per cent annual increases with a market review on each option to renew
- Net rental return of $23,814 per annum
From 1 July 2024, eligible buyers of commercial and industrial properties can choose to pay stamp duty in full at settlement or spread the payments over 10 years.
For further information or to arrange an inspection contact:
John Kalpakis 0412 500 250
john.kalpakis@raywhite.com
or
Mitchell Kalpakis 0428 761 735
mitch.kalpakis@raywhite.com
DISCLAIMER:
Whilst Ray White Preston has taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accepts no responsibility and disclaims all liability in respect of any errors, inaccuracies, or misstatements contained herein.
Ray White Preston urges prospective purchasers to make their own inquiries to verify the information contained herein.
Property History for 354 Bell St, Preston, VIC 3072
- 25 Feb 2026Listed for Sale $400,000 to $440,000
- 28 Jul 2022Listed for Rent $22,000 / year
- 29 May 2018Listed for Rent - Price not available
Recent sales nearby
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About Preston 3072
The size of Preston is approximately 11.5 square kilometres. It has 30 parks covering nearly 4.7% of total area. The population of Preston in 2016 was 32851 people. By 2021 the population was 33790 showing a population growth of 2.9% in the area during that time. The predominant age group in Preston is 30-39 years. Households in Preston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Preston work in a professional occupation.In 2021, 57.30% of the homes in Preston were owner-occupied compared with 56.70% in 2016.
Preston has 21,619 properties. Over the last 5 years, Houses in Preston have seen a 8.24% increase in median value, while Units have seen a 11.16% increase. As at 31 March 2026:
- The median value for Houses in Preston is $1,228,630 while the median value for Units is $652,709.
- Houses have a median rent of $695 while Units have a median rent of $550.
Suburb Insights for Preston 3072
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