39-43 Plenty Road, Preston

10-YEAR NET LEASE IN GROWTH ZONE

Jones Real Estate is pleased to present 39–43 Plenty Road, Preston, For Private Sale.

Positioned in the heart of Preston’s rapidly evolving activity centre, this versatile ground-floor retail investment offers long-term income security, exceptional exposure, and strong fundamentals underpinned by significant residential and infrastructure growth.

Key highlights of this opportunity include:

– Tenanted by ‘Work by Amber’ currently returning $352,683.82 per annum + GST & Outgoings on a 10-year net lease with both bank and personal guarantees in place, offering secure long-term income.

– Located in a true destination activity centre precinct prime for long term growth, positioned directly opposite a full line Woolworths, Aldi + BWS and surrounded by Chemist Warehouse, Dan Murphy’s, Australia Post and established hospitality offerings.

– Prominent 32m * retail frontage with exceptional exposure and branding opportunity in a high-traffic location.

– Comprises 1,005sqm* of high-end retail space featuring podcast studios, private offices, boardrooms and breakout areas.

– Located within the architecturally designed Newbury development comprising 120 modern apartments, delivering strong built-in foot traffic.

– Includes 24 secure on-site car parks – a rare feature in inner-urban commercial assets.

– Positioned within Melbourne’s growing inner-north, just 9.5km* from the CBD and surrounded by major residential and infrastructure growth.

– Excellent transport connectivity with tram route 86 at the doorstep and walking distance to Preston Railway Station.

– Immediate access to major arterials including Bell Street, St Georges Road and the M80 Ring Road.

– Situated within a Commercial 1 Zone (C1Z), allowing for flexible future use and benefiting from more than 400 new or upcoming dwellings within 200m*.

*Approx.

For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.

Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.