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Investment Highlights

  • Highly visible retail frontage positioned near the corner of Plenty Road and Tyler Street.
  • Close to Summerhill Shopping Precinct, Northland, Preston Market, and a vibrant mix of eateries and businesses.
  • Located steps from public transport networks, including tram stops and nearby train connectivity.
  • Flexible opportunity with potential for dual income streams or re-occupation for retail use.

Executive Summary

This two-level property presents a rare investment or owner-occupier opportunity in Preston’s lively Plenty Road corridor. Featuring a well-positioned ground-floor retail shop and a self-contained one-bedroom dwelling above, the asset sits within a high-visibility location near the intersection of Plenty Road and Tyler Street. The tram stop is just steps away, ensuring strong commuter access and consistent foot traffic.
Surrounding amenities include Summerhill Shopping Precinct, Northland Shopping Centre, and Preston Market, offering a strong retail ecosystem. The property benefits from proximity to public transport and is approximately 11 kilometers from Melbourne’s CBD, with excellent connectivity via major arterials. Presently tenanted on a month-to-month basis with vacancy expected by August, the buyer has optionality for passive income or immediate occupation.
This dual-income configuration coupled with its position in an established retail zone makes it attractive for both investors and businesses seeking a boutique footprint in a thriving inner-north suburb experiencing robust demand.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,033 SF
Building Class
C
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.96
Lot Size
0.02 AC
Frontage
10’ on Plenty Rd

Amenities

  • Bus Line
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Ground
  • 517 SF
  • Restaurant
  • In-Line
  • Aug 2026

Position your business along bustling Plenty Road in Preston within a prominent retail strip minutes from key commercial amenities. The property comprises a versatile shopfront of approximately 48 m², accompanied by a separately accessed one-bedroom apartment upstairs, creating a flexible setup for business owners who desire live-and-work convenience or supplementary income. Benefit from excellent exposure to passing traffic and seamless public transport access, including multiple tram routes just meters away. A location within 1 km of the Summerhill retail hub and close to the activity-rich High Street precinct ensures a strong consumer base. The property is surrounded by established neighborhoods that sustain steady retail demand, while being just 11 km from the Melbourne CBD. Immediate availability anticipated from late August.

Space Size Space Use Position Available
Ground 517 SF Restaurant In-Line Aug 2026

Ground

Size
517 SF
Space Use
Restaurant
Position
In-Line
Available
Aug 2026

Ground

Size 517 SF
Space Use Restaurant
Position In-Line
Available Aug 2026

Position your business along bustling Plenty Road in Preston within a prominent retail strip minutes from key commercial amenities. The property comprises a versatile shopfront of approximately 48 m², accompanied by a separately accessed one-bedroom apartment upstairs, creating a flexible setup for business owners who desire live-and-work convenience or supplementary income. Benefit from excellent exposure to passing traffic and seamless public transport access, including multiple tram routes just meters away. A location within 1 km of the Summerhill retail hub and close to the activity-rich High Street precinct ensures a strong consumer base. The property is surrounded by established neighborhoods that sustain steady retail demand, while being just 11 km from the Melbourne CBD. Immediate availability anticipated from late August.

  • Listing ID: 40745005

  • Date on Market: 6/1/2026

  • Last Updated:

  • Address: 666 Plenty Rd, Preston, VIC 3072

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