11 Mahoneys Road,
Reservoir, VIC 3073

Savills is delighted to offer for sale this prosperous investment property occupied by a successful bonsai nursery for over 20 years. The property is well located in Melbourne’s northern suburbs, surrounded by complementary retail options.

Key attributes of the property include:

• Occupied by the longstanding ‘Orient Bonsai Nursery’ with new built improvements
• 5+5+5 year lease (with current term expiring in Feb 2025)
• Returning $80,340pa* + GST
• 3% fixed annual rental increases
• Underpinned by 1,327sqm* landholding
• General Residential Zone 1 with future development potential
• Dual frontage to Mahoneys Road and Asquith Street
• Moments from Keon Park Train Station
• Direct access to arterial roads including High Street and the Metropolitan Ring Road

*Approximate

SOLD

For further information please contact:

Glenn Ye - 0476 938 888
Julian Heatherich - 0412 995 6...
Tanya Su - 0430 302 9...