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Retail for Sale

218 Broadway Reservoir, VIC 3073

$742,000Floorplan
  • Building: 190m²
  • Land: 221m²

Contact the agent if you'd like further information.

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Retail for Sale in Reservoir

High Exposure on established retail strip

  • Building: 190m²
  • Land: 221m²

Seize this outstanding investment opportunity in a premier retail strip.

This versatile property comprises a ground-floor retail shop and an upstairs dwelling.

The downstairs tenancy is currently leased to a computer repair business, generating approximately $22,671.35 per annum, with the lease presently on an overholding basis.

The upstairs dwelling is vacant, offering potential for immediate use or further income.

Both levels are equipped with bathroom facilities and consulting rooms, while the ground floor also provides access to a generous backyard.

Ideally positioned within a thriving retail precinct, the property enjoys excellent on-street parking and is surrounded by a diverse mix of established businesses.

The building area is approximately 190m2 set on a land area approximately 221m2, and is zoned Commercial 1.

Building:

190m²

Land:

221m² / 0.05 acres

Tenancy:

Tenanted

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers

218 Broadway, Reservoir, VIC 3073
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