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Elite Furniture, 8/19-33 Murray Road, Preston, VIC, 3072

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Elite Furniture, 8/19-33 Murray Road, Preston, VIC, 3072

Preston

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Elite Furniture, 8/19-33 Murray Road, Preston, VIC, 3072

Preston

Elite Furniture, 8/19-33 Murray Road, Preston, VIC, 3072

Elite Furniture, 8/19-33 Murray Road, Preston, VIC, 3072

Properties / Buy / Victoria / Preston
Tenanted Investment
Selling Method
Auction
Selling Details
Contact Agent
Floor Area
1033 m² (*approx)
Property Type
Retail, Other
Sub-type
Large Format
Terms
Securely leased until 31 December 2028 (including options)
Est. Income
$264,355 p/a
Fully Leased
Elite Furniture
Show All
Premium Showroom Investment within Bustling LFR Precinct
  • Securely leased to a longstanding tenant
  • Significant income profile
  • Surrounded by ASX & national retailers

Gross Waddell ICR is thrilled to present for sale the Elite Furniture showroom located within the thriving Northland Homemaker Centre. Known as Unit 8, 19–33 Murray Road, Preston, this premium investment is situated in the heart of the action, surrounded by a plethora of national and ASX-listed retailers, and directly opposite Northland Shopping Centre.

• Strong rental history with an established long-term tenant returning $264,355.02 net per annum* (as at 1 January 2026)

• Elite Furniture has been a long-standing tenant and is securely leased until 31 December 2028 (including options)

• Fixed 4% annual increases, market review at options, and a 3-month security deposit in place

• Immaculately presented 1,033 sqm* showroom with rear RSD access and six allocated car parks dedicated to the tenant

• Northland Homemaker Centre is a proven LFR destination with a range of nationally recognised brands including The Good Guys, McDonald’s, Forty Winks, Freedom, Snooze, Fantastic Furniture, OZ Design, Focus on Furniture, and many more

• Perfectly positioned in Preston’s commercial centre and strategically located directly opposite Northland Shopping Centre, as well as being metres from Bunnings, Spotlight, and an array of thriving retailers

• The property services a strong local catchment and benefits from access via main arterials including Bell Street, Albert Street, and Plenty Road

The property is for sale via an on-site Public Auction to be held on Wednesday 3rd December 2025 at 12:00 pm. For more information or to organise an inspection, please contact the team at Gross Waddell ICR.

*approx.

Remember to mention you found this property on CommercialReady

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Dataroom
Tenanted Investment
Tenanted Investment

8/19-33 Murray Road Investment Summary

Property Type
Retail, Other
Sub-type
Large Format
Est. Income
$264,355 p/a
Tenant
Elite Furniture
Terms
Securely leased until 31 December 2028 (including options)
Floor Area
1033 m² (*approx)
Selling Method
Auction
DATAROOM AVAILABLE
Gain Access
Auction Date
3 Dec 2025 12:00PM
Selling Details
Contact Agent

Investment Highlights

Premium Showroom Investment within Bustling LFR Precinct
  • Securely leased to a longstanding tenant
  • Significant income profile
  • Surrounded by ASX & national retailers

Gross Waddell ICR is thrilled to present for sale the Elite Furniture showroom located within the thriving Northland Homemaker Centre. Known as Unit 8, 19–33 Murray Road, Preston, this premium investment is situated in the heart of the action, surrounded by a plethora of national and ASX-listed retailers, and directly opposite Northland Shopping Centre.

• Strong rental history with an established long-term tenant returning $264,355.02 net per annum* (as at 1 January 2026)

• Elite Furniture has been a long-standing tenant and is securely leased until 31 December 2028 (including options)

• Fixed 4% annual increases, market review at options, and a 3-month security deposit in place

• Immaculately presented 1,033 sqm* showroom with rear RSD access and six allocated car parks dedicated to the tenant

• Northland Homemaker Centre is a proven LFR destination with a range of nationally recognised brands including The Good Guys, McDonald’s, Forty Winks, Freedom, Snooze, Fantastic Furniture, OZ Design, Focus on Furniture, and many more

• Perfectly positioned in Preston’s commercial centre and strategically located directly opposite Northland Shopping Centre, as well as being metres from Bunnings, Spotlight, and an array of thriving retailers

• The property services a strong local catchment and benefits from access via main arterials including Bell Street, Albert Street, and Plenty Road

The property is for sale via an on-site Public Auction to be held on Wednesday 3rd December 2025 at 12:00 pm. For more information or to organise an inspection, please contact the team at Gross Waddell ICR.

*approx.

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment

Property Location of Elite Furniture, 8/19-33 Murray Road, Preston, VIC, 3072

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