542 & 544 Murray Road, Preston

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  • 564sqm
For Sale
Indicative selling price

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  • 564sqm
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The Secret to Success Starts Here

Occupying a prized corner location with substantial frontages and high exposure to both Murray Road and Gilbert Road are two neighbouring commercial buildings that provide a rare and exciting opportunity to enter into a world of endless income potential. You could either score yourself a long term investment portfolio as each of the businesses come tenanted or potentially develop the double dwelling site into a multi-level apartment block (STCA) as the land combined sits on approx 564sqm both with rear access.

The current floorplans to each of the buildings include:

Number 542 is currently occupied as a Bottle Shop business and boasts a deep shop front, cool room, office space, two storage rooms (with rear loading dock), kitchenette and two outside powder rooms with a rear courtyard. Added highlights also include split system heating and cooling, timber flooring, high ceilings and off street parking for one.

Number 544 is currently occupied as a Pizza Bar business and includes a terrazzo tiled sitting area, front bar, front counter space, two kitchens (one that includes a wood fired oven), a rear work station/prep room with sink, cool room and dry room plus a rear dining space with pergola, two powder rooms and an outdoor courtyard. Added highlights also include jumbo timber windows and doors, pendant lighting, exposed brick feature wall, split system heating and cooling, and off street parking for two.

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Recent Sales in Preston

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Address
Beds
Price
Property Type
Sale Type
4
$1,340,000
House
Auction
4
Contact agent for details
House
Private Sale
3
$950,000
House
Auction
2
$510,000
Unit
Private Sale
2
$1,076,000
House
Auction
Preston Market
Suburb Profile

Preston

Bordered by Darebin Creek to the east and Merri Creek to the west, Preston combines urban connectivity with suburban beauty, making it a popular home for families, couples and singles alike. Enjoy spending your Sunday mornings at Preston Market, famous for its fresh produce, baked goods and flowers.

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