Prime Commercial Investment Opportunity with Secure Income & High-Exposure to Plenty Road

Positioned on one of Melbourne’s busiest northern arterial roads, 760 Plenty Road, Preston presents an outstanding opportunity to secure a premium mixed-use investment with a strong income stream and exceptional future upside.

Boasting outstanding main road exposure, excellent accessibility, and strong surrounding residential and commercial activity, this high-profile property offers investors a secure, low-maintenance asset in one of Melbourne’s most tightly held commercial precincts.

The property is underpinned by a strong 5-year commercial lease, with approximately four years remaining, providing immediate and reliable income. The lease features 4% annual rental increases throughout the initial term, together with a 10% rental increase upon exercise of the option, ensuring built-in rental growth. The current net rental income is $74,880 per annum, complemented by exceptionally low annual land tax of just $1,232.

The ground floor comprises flexible commercial premises suitable for a variety of business uses (STCA), while the spacious residence above provides additional value with owner-occupier or future leasing potential.

Investment Highlights
• Secure 5-year commercial lease with approximately 4 years remaining
• Current net rental income of $74,880 per annum
• Fixed 4% annual rental increases
• 10% rental increase upon exercise of the option
• Exceptionally low annual land tax of just $1,232
• Prime Plenty Road frontage with exceptional exposure to high volumes of passing traffic
• Flexible commercial premises suitable for a variety of business uses (STCA)
• Excellent access to major arterial roads and public transport, including tram services
• Surrounded by cafés, retail, and established residential catchments
• Spacious three-bedroom residence upstairs featuring:
• Two generous living areas
• Well-appointed kitchen
• Central bathroom
• Outdoor entertaining deck

Commercial investments of this calibre, combining secure income, fixed annual rental growth, low holding costs, and a prominent main road position, are increasingly difficult to secure.

Whether you’re seeking a high-performing addition to your investment portfolio or a strategic long-term commercial asset, 760 Plenty Road, Reservoir represents an exceptional opportunity.

For further information or to arrange a private inspection, contact the exclusive selling agents today.