64 Gertz Avenue, Reservoir, VIC 3073

Retail

Sold Contact Agent

  • Property ID: 434208
  • Floor Area: 241m²
  • Land Area: 194m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 12/08/2023 241m2 194m2 Contact Agent
The Best of Both Worlds

Live or rent out the residential area while enjoying the fruits of the commercial space below. This property is the ideal investment for buyers thinking outside the square.
With the added benefit of a deep ground floor commercial space that could easily be used as a shop front, corporate office or even converted into a dual occupancy (STCA). The two separate entrances give this impressive home endless possibilities for wealth creation and future business prospects.
Set within a peaceful neighbourhood and with maximum street exposure, this residence houses two outstanding levels (separated by a suspended concrete slab) of versatility and modern comfort. The renovated floor-plan includes a ground floor commercial space with a rear kitchen/meals area. The stone kitchen includes brand-new stainless-steel appliances and plentiful storage. There's also a laundry/WC and storage room. Upstairs incorporates a grand open plan kitchen, meals and living zone with connecting balcony. The stylish kitchen showcases stone surfaces, some new stainless-steel appliances as well as ample storage. Further along the deep passageway are four generous bedrooms each with mirrored built in robes, serviced by a stylish family bathroom. Additional highlights also include: brand new glass, aluminium and a newly rendered storefront, new carpets, blinds and doors throughout the bedrooms, ducted heating upstairs, 3 Phase power and a
roller door garage with a 3.5m ceiling height, that includes a second level mezzanine for extra storage.
Enjoy all of this whilst being within close proximity from Broadway Shops, Reservoir Train Station, Ruthven Train Station, multiple bus routes, Metropolitan Ring Road, La Trobe University and so much more.


Open for Inspection Times

Thu 20 Jul (5:00PM - 5:30PM)
Sat 22 Jul (3:00PM - 3:30PM)
Wed 26 Jul (6:00PM - 6:30PM)
Sat 29 Jul (12:00PM - 12:30PM)
Wed 2 Aug (6:00PM - 6:30PM)
Sat 5 Aug (1:00PM - 1:30PM)
Wed 9 Aug (6:00PM - 6:30PM)
Sat 12 Aug (1:30PM - 2:00PM) - Followed by the Auction



Reservoir Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $4793 $250 5.22%
Industrial $3337 $190 5.70%
Offices $5814 $151 2.60%
This is the average advertised price, rent and yield for Reservoir, VIC 3073*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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