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13A Albert St 12,378 SF Office Building Preston, VIC 3072 For Sale
Investment Highlights
- Prominent corner site with dual street frontage and significant traffic exposure.
Executive Summary
Auction date: 13/05/2026 at 10:30am at Crown Casino, Garden Room, Melbourne.
13A Albert Street, Preston represents a premium government-leased investment within Melbourne’s thriving northern corridor. This modern three-level corporate office is securely leased to the Environment Protection Authority (EPA), the State of Victoria’s statutory environmental regulator, under a ten-year net lease expiring January 2030, with a further five-year option to 2035. The tenant bears responsibility for all outgoings, including land tax, a highly sought-after feature for investors seeking low-management assets.
Positioned on a prominent 1,855 sqm corner site with 81 metres of dual street frontage, the property benefits from strong exposure to more than 32,000 daily passing vehicles. The building provides 38 on-site car spaces, lift access, and efficient floorplates incorporating commercial-grade services throughout. A 5-Star NABERS Energy Rating further enhances the building’s sustainability credentials and appeal to government and institutional occupiers.
Located only 8 km north of Melbourne’s CBD, Preston is experiencing sustained population and economic growth, supported by extensive retail, residential, and infrastructure activity. The property sits opposite Chemist Warehouse’s national headquarters, reinforcing the area’s commercial significance.
13A Albert Street, Preston represents a premium government-leased investment within Melbourne’s thriving northern corridor. This modern three-level corporate office is securely leased to the Environment Protection Authority (EPA), the State of Victoria’s statutory environmental regulator, under a ten-year net lease expiring January 2030, with a further five-year option to 2035. The tenant bears responsibility for all outgoings, including land tax, a highly sought-after feature for investors seeking low-management assets.
Positioned on a prominent 1,855 sqm corner site with 81 metres of dual street frontage, the property benefits from strong exposure to more than 32,000 daily passing vehicles. The building provides 38 on-site car spaces, lift access, and efficient floorplates incorporating commercial-grade services throughout. A 5-Star NABERS Energy Rating further enhances the building’s sustainability credentials and appeal to government and institutional occupiers.
Located only 8 km north of Melbourne’s CBD, Preston is experiencing sustained population and economic growth, supported by extensive retail, residential, and infrastructure activity. The property sits opposite Chemist Warehouse’s national headquarters, reinforcing the area’s commercial significance.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
12,378 SF
Building Class
C
NOI
$305,538
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
6,189 SF
Building FAR
0.62
Lot Size
0.46 AC
Parking
38 Spaces (3.07 Spaces per 1,000 SF Leased)
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13A Albert St
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