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290 Broadway Reservoir, VIC 3073

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290 Broadway,
Reservoir, VIC 3073

Shops & Retail • Offices • Medical & Consulting

Price information

Sale

UNDER CONTRACT

Under Contract

Key property information

Land area

Floor area

Municipality

Tenure type

Private inspections

to arrange a private inspection.

Map of 290 Broadway

Directions
  • Train stations within 5 km of 290 Broadway, Reservoir, VIC 3073Distance
    Reservoir Station116 m
    Ruthven Station968 m
    Regent Station1.4 km
    Keon Park Station2.5 km
    Preston Station2.6 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 290 Broadway, Reservoir, VIC 3073Distance
    53-Ethel GR/Plenty Rd (Reservoir)1.6 km
    51-Wood St/Plenty Rd (Preston)2 km
    47-West Preston/Gilbert Rd (Preston)2 km
    57-Reservoir High School2.1 km
    46-McNamara St/Gilbert Rd (Preston)2.1 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 290 Broadway, Reservoir, VIC 3073Distance
    Reservoir Shopping CentreBroadway158 m
    Reservoir Railway StationEdwardes St177 m
    Orrong Ave/Cheddar Rd (Reservoir)238 m
    Marchant Ave/Broadway (Reservoir)245 m
    Cleeland St/Spring St (Reservoir)286 m
    POWERED BY HERE ©
POWERED BY HERE ©

RESERVOIR COMMERCIAL LANDMARK - LEASED INVESTMENT OPPORTUNITY

  • CURRENT NET RETURN OF $88,000 PA
  • POTENTIAL FOR A FURTHER $18,000 PA NET
  • 4 TITLES WITH 5 RENTAL INCOME STREAMS
- Ray White Preston are pleased to offer 290 Broadway, Reservoir as a golden investment opportunity for investors looking to secure a landmark commercial property in the heart of Reservoir
- Current net rental income of approximately $88,000 * from 4 tenancies
- Potential net income of $106,000 if the vacant first floor office is offered for lease at an estimated $18,000 pa net
- Net lettable building area of 320 sqm *
- Commercial One Zoned land of 236 sqm * on 4 titles
The addresses of the properties being sold:
290 Broadway, Reservoir
2a Cheddar Rd, Reservoir
2b Cheddar Rd, Reservoir
2c Cheddar Rd, Reservoir
* Approximately

For further information or to arrange an inspection contact:
John Kalpakis 0412 500 2...
john.kalpakis@raywhite.com
or
Mitchell Kalpakis 0428 761 7...
mitch.kalpakis@raywhite.com

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.

Additional information

Property ID: 504731740Last Updated: 11 Nov 2024

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290 Broadway
Reservoir, VIC 3073

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