3/3a Newlands Road, Reservoir, VIC 3073

Industrial

For Sale $330,000 to $340,000

  • Property ID: 440416
  • Floor Area: 50m²
  • Land Area: 50m²
  • Occupancy: Vacant
ECHO PARK - BRAND NEW 50 SQM WAREHOUSE/STORAGE UNITS

- Ray White Preston Commercial are proud to offer this brand new architecturally designed development in the heart of the established Reservoir Industrial Precinct
- Reservoir is an established and rapidly evolving inner metropolitan location only 11km north of the Melbourne CBD
- Easy access to main roads and freeways
- Flexible Industrial 3 Zoning
- Onsite car parking
- 3 phase power
- NBN ready
- 5.5 metre high roller shutter door access
- CCTV system surveillance to common areas
- Affordable entry level pricing for Self Managed Super Fund investors and owner occupiers
- Ideal for tradies, hobbyists, man cave/she shed use, business/ household storage, storing of bikes, small boats, cars, caravans, studio or office space
- Construction expected to commence in the second quarter of 2024 with completion due in mid to late 2025 *
- OPTION AVAILABLE TO INSTALL A TOILET, HOT WATER SERVICE AND KITCHENETTE
- SELLING FAST 23 NOW SOLD - 11 REMAINING

Please call or email for a copy of the plans and price list:
John Kalpakis 0412 500 250
john.kalpakis@raywhite.com
Mitchell Kalpakis 0428 761 735
mitch.kalpakis@raywhite.com

* Estimate only subject to change

DISCLAIMER:
Whilst Ray White Preston has taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accepts no responsibility and disclaims all liability in respect of any errors, inaccuracies, or misstatements contained herein.
Ray White Preston urges prospective purchasers to make their own inquiries to verify the information contained herein.


Reservoir Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5395 $250 4.63%
Offices $5814 $151 2.60%
Industrial $3553 $190 5.35%
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 Industrial 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.
Floorplans

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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