297 Broadway, Reservoir, VIC 3073

Retail | Development/Land | Offices

For Sale Contact Agent

Auction: Thursday, May 4, 12:30 PM

  • Property ID: 432848
  • Floor Area: 117m²
  • Land Area: 220m²
  • Occupancy: Vacant
Prominent Reservoir Freehold Opportunity - First Time Offered In 35 Years

NSL Property Group and Hocking Stuart Preston are pleased to present 297 Broadway Reservoir For Sale via Public Auction on Thursday 4th May 2023 at 12.30pm (unless sold prior).

This inner north retail freehold opportunity sits in the heart of Reservoir and within a premier commercial precinct, ripe for further upside (STCA).

Positioned in an established and exclusive precinct of Reservoir close to the High Street, the property offers flexible Commercial 1 Zoning.

Key Features include:

· Total Land Area: 220 sqm

· Total Building Area: 117 sqm

· Office & Residence with Terrific Rear Entry

· Off Street Parking

· Perfect opportunity to Occupy, Invest or Develop (STCA)

· First time offered in 35 years.

· Available Now

For further information on this asset or request your inspection, contact NSL Property Group and Hocking Stuart Preston on the details below:

Guy Naselli NSL Property Group 0413750744

Josie Galati Hocking Stuart Preston 0431 621 614

Property Code: 132

Reservoir Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $3553 $185 5.20%
Retail $5395 $250 4.63%
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.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×