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
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to arrange a private inspection.
Map of 290 Broadway
Train stations within 5 km of 290 Broadway, Reservoir, VIC 3073 Distance Reservoir Station 116 m Ruthven Station 968 m Regent Station 1.4 km Keon Park Station 2.5 km Preston Station 2.6 km POWERED BY HERE ©Tram stops within 5 km of 290 Broadway, Reservoir, VIC 3073 Distance 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 School 2.1 km 46-McNamara St/Gilbert Rd (Preston) 2.1 km POWERED BY HERE ©Bus stops within 5 km of 290 Broadway, Reservoir, VIC 3073 Distance Reservoir Shopping CentreBroadway 158 m Reservoir Railway StationEdwardes St 177 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.
- 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
External websites
Property ID: 504731740Last Updated: 11 Nov 2024
290 Broadway
Reservoir, VIC 3073
Ray White - Preston363 High Street
PRESTON, VIC 3072
PRESTON, VIC 3072
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