Prominent Preston Retail Investment

28 October 2024
278 High Street Preston property

Address: 278 High Street Preston

Located in a premier Commercial precinct within the inner north, this retail shop with a secure tenant and significant potential for further upside (STCA) has been secured by a private purchaser looking for a commercial investment in a deal negotiated by NSL Property Group.

Position on High Street, recently crowned coolest street in the world, the property had prime exposure, with abundant foot traffic and moments from the thriving Preston Market

Vendor: Private Vendor

Sale Details:

  • Total Building Area: 193 sqm
  • Price : $780,000

Agents:

Guy Naselli: Managing Director – NSL Property Group
Jerry Lee: Sales and Leasing Consultant – NSL Property Group

When contacted about the sale deal, NSL Property Group Managing Director, Guy Naselli said:

“The prime inner north location and positioning of this retail site with major exposure and stable tenant made investment for the private purchaser a sound business decision”.