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241-247 Broadway, Reservoir, VIC, 3073

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+9 Photos

SOLD

241-247 Broadway, Reservoir, VIC, 3073

Properties / Sold / Victoria / Reservoir

Development Potential

1. Property Summary

Property Type

Mixed Use

Land Area

1,161 m² (*approx)

Selling Method

SOLD:

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2. Property Highlights

LANDBANK FOR THE FUTURE

SOLD

HUGE FUTURE DEVELOPMENT POTENTIAL (STCA)
HUGE CORNER SITE OF 1,161 SQM (APPROX.)
SECURE INCOME STREAM

Huge future development potential (STCA) for a substantial mixed use development comprising apartments and retail component which exploits the property's multiple street frontages

Fantastic urban growth location
Commercial 1 Zoning in busy shopping strip
Well serviced by public transport with Reservoir train station within easy walking distance
La Trobe University just 12 minutes bus ride away
Site Area: 1,161 sqm*
Dual street frontage of 68.8 metres* plus rear laneway
Current Income: $38,675 pa*
Five (5) year lease commencing December 2015
One further term of five years

FOR AN IMMEDIATE INSPECTION CALL US TODAY!

*approx.

Remember to mention that you found this property on DevelopmentReady

Development Potential

1. Property Summary

Property Type

Mixed Use

Land Area

1,161 m² (*approx)

Selling method

SOLD:

2. Property Highlights

LANDBANK FOR THE FUTURE

SOLD

HUGE FUTURE DEVELOPMENT POTENTIAL (STCA)
HUGE CORNER SITE OF 1,161 SQM (APPROX.)
SECURE INCOME STREAM

Huge future development potential (STCA) for a substantial mixed use development comprising apartments and retail component which exploits the property's multiple street frontages

Fantastic urban growth location
Commercial 1 Zoning in busy shopping strip
Well serviced by public transport with Reservoir train station within easy walking distance
La Trobe University just 12 minutes bus ride away
Site Area: 1,161 sqm*
Dual street frontage of 68.8 metres* plus rear laneway
Current Income: $38,675 pa*
Five (5) year lease commencing December 2015
One further term of five years

FOR AN IMMEDIATE INSPECTION CALL US TODAY!

*approx.

Remember to mention that you found this property on DevelopmentReady

Development Potential