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Prestons Road Retail - Development underway

406 Prestons Road, Marshland

Retail Premises
dollar

Negotiation

Floor area
150m2
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Map

Property details

Listing # 5512126 | Listed on 13 April 2022

• Growing catchment - Immediate catchment of some 20,000 people with further residential development

underway

  • Exceptional profile - The most recent traffic count shows a 321% increase in daily traffic movements since
2016

  • Flexible tenancies - With a range of possible uses, flexibility is available in terms of tenancy size up to
150sqm

  • Great car parking - 43 parks shared in common

With the substantial Prestons and Prestons Park residential subdivisions adjacent to this development and the ever-increasing passing traffic flows, this Commercial Core development will surely fly.

The developer is intent on having a balanced tenant mix, ensuring each business benefits for the others. Targeted activities are a mix of Hospitality, Food and Beverage, Retail and Services.

Offering a 60m road frontage and ample parking, the development is positioned well to capture all day sun and shelter from the easterly wind. Tenancy 1, being 150sqm, will be the key hospitality tenancy with the benefit of an award winning garden as their outdoor area.

Expected completion late 2021, with the existing buildings already largely demolished, this development provides you with the best foreseeable opportunity to get a foothold in this area. It is not to be missed.

Contact Blair today to view or for further information.

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