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Investment Highlights

  • Located near public transport options including bus routes within 70–150 meters of the site.
  • Positioned within an established commercial and industrial precinct featuring high visibility.
  • Excellent connectivity to Bell Street, Albert Street, Chifley Drive, and major arterial roads.

Executive Summary

This two-level office, showroom, and warehouse property at 17 Bell Street offers an outstanding investment opportunity in one of Preston’s most dynamic commercial precincts. Comprising approximately 1,400 m² of building area on a 700 m² landholding, the asset offers flexibility and immediate rental upside through its current configuration. The ground floor, totaling around 441 m², is currently vacant and ready for occupancy, while the first floor is leased on a three-year term commencing October 2022 with multiple extension options. This existing income stream, generating $92,694 per annum plus GST and outgoings, complements the property’s potential for owner-occupation or value-add strategies.
Located prominently along Bell Street, the property boasts exceptional connectivity to major arterial routes including Albert Street and Chifley Drive, ensuring convenient access across Melbourne’s city fringe and northern business hubs.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
15,069 SF
Building Class
C
Percent Leased
30%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.17 AC
Frontage
180’ on Bell Street

Amenities

  • Security System
  • Signage
  • Storage Space
  • Monument Signage
  • Smoke Detector

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Ground
  • 6,566 SF
  • Retail
  • -
  • 60 Days

This highly exposed corner property at 17 Bell Street offers an outstanding opportunity for businesses seeking a versatile showroom, retail, or office space in a tightly held Preston precinct. Ideally positioned between Albert Street and Chifley Drive, the site benefits from Industrial 1 zoning and close proximity to major arterial routes, offering ease of access to Melbourne’s city fringe and surrounding business hubs. The property features a combination of open-plan showroom and office space complemented by warehouse functionality, allowing for a wide range of uses. Excellent natural light, roller door access, and convenient drive-through capability enhance operational efficiency. Secure on-site parking supports staff and customer convenience. Situated in a well-established commercial precinct, the location offers connectivity to major roads, nearby retail amenities, and public transport for strong business visibility and engagement.

  • 1st Floor
  • 5,759 SF
  • Office
  • -
  • Now

The first floor offers 535 sqm of versatile office accommodation with abundant natural light throughout, creating a bright and efficient workspace. This level can be leased independently or combined with the ground floor for enhanced flexibility. The layout includes open-plan areas complemented by partitioned sections, catering to a range of business requirements.

Space Size Space Use Position Available
Ground 6,566 SF Retail - 60 Days
1st Floor 5,759 SF Office - Now

Ground

Size
6,566 SF
Space Use
Retail
Position
-
Available
60 Days

1st Floor

Size
5,759 SF
Space Use
Office
Position
-
Available
Now

Ground

Size 6,566 SF
Space Use Retail
Position -
Available 60 Days

This highly exposed corner property at 17 Bell Street offers an outstanding opportunity for businesses seeking a versatile showroom, retail, or office space in a tightly held Preston precinct. Ideally positioned between Albert Street and Chifley Drive, the site benefits from Industrial 1 zoning and close proximity to major arterial routes, offering ease of access to Melbourne’s city fringe and surrounding business hubs. The property features a combination of open-plan showroom and office space complemented by warehouse functionality, allowing for a wide range of uses. Excellent natural light, roller door access, and convenient drive-through capability enhance operational efficiency. Secure on-site parking supports staff and customer convenience. Situated in a well-established commercial precinct, the location offers connectivity to major roads, nearby retail amenities, and public transport for strong business visibility and engagement.

1st Floor

Size 5,759 SF
Space Use Office
Position -
Available Now

The first floor offers 535 sqm of versatile office accommodation with abundant natural light throughout, creating a bright and efficient workspace. This level can be leased independently or combined with the ground floor for enhanced flexibility. The layout includes open-plan areas complemented by partitioned sections, catering to a range of business requirements.

  • Listing ID: 40476193

  • Date on Market: 2026-05-11

  • Last Updated:

  • Address: 17 Bell St, Preston, VIC 3072

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