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648-656 High Street, Reservoir, VIC 3073

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648-656 High Street, Reservoir, VIC 3073
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648-656 High Street, Reservoir, VIC 3073

Properties / Buy / Victoria / Reservoir
Development Potential

1. Property Summary

Property Type
Commercial, Mixed Use
Sub Type
Office, Other, Retail/Shopping Centre, Land Site
Land Area
1,963 m² (*approx)
Selling Method
EOI: Closing Wednesday 27 November at 2pm.
DOCUMENTS AVAILABLE
Request Access
EOI Closing Date
27 Nov 2024 02:00PM
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2. Property Highlights

Substantial office and former church on large corner site
  • Prime corner freehold of 1,963 sqm*
  • Combined building area of 1,159 sqm*
  • Offered with a short-term lease

Savills Commercial is delighted to offer for sale via Expressions of Interest 648-656 High Street, Reservoir.

This substantial property presents an outstanding opportunity to acquire an existing building for owner occupation, as well as a very attractive development site in the Preston Activity Centre.

Key attributes of the property include:

• Prime corner freehold of 1,963 sqm* with a combined frontage of 91 m*

• Quality offices and unique church buildings with a combined floor area of 1,159 sqm*

• Mixed Use Zoning (MUZ) providing for a variety of uses

• The property is in the new Preston High Street Activity Centre, with proposed heights ranging from 4 to 10 storeys (STCA)

• Direct proximity to Regent train Station (260m*) and bus stops (directly in front of the property)

• High Street Retail & Entertainment strip on your doorstep including restaurants, cafes and national retailers

• Offered with a short-term lease

*Approximate

For Sale by Expressions of Interest Closing Wednesday 27 November at 2pm.

For further information please contact:

Julian Heatherich - 0412 995 655

Benson Zhou - 0458 488 888

James Latos - 0422 604 900

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom

1. Property Summary

Property Type
Commercial, Mixed Use
Sub-type
Office, Other, Retail/Shopping Centre, Land Site
Land Area
1,963 m² (*approx)
Selling method
EOI: Closing Wednesday 27 November at 2pm.
DOCUMENTS AVAILABLE
Request Access
EOI Closing Date
27 Nov 2024 02:00PM
Add to calendar

2. Property Highlights

Substantial office and former church on large corner site
  • Prime corner freehold of 1,963 sqm*
  • Combined building area of 1,159 sqm*
  • Offered with a short-term lease

Savills Commercial is delighted to offer for sale via Expressions of Interest 648-656 High Street, Reservoir.

This substantial property presents an outstanding opportunity to acquire an existing building for owner occupation, as well as a very attractive development site in the Preston Activity Centre.

Key attributes of the property include:

• Prime corner freehold of 1,963 sqm* with a combined frontage of 91 m*

• Quality offices and unique church buildings with a combined floor area of 1,159 sqm*

• Mixed Use Zoning (MUZ) providing for a variety of uses

• The property is in the new Preston High Street Activity Centre, with proposed heights ranging from 4 to 10 storeys (STCA)

• Direct proximity to Regent train Station (260m*) and bus stops (directly in front of the property)

• High Street Retail & Entertainment strip on your doorstep including restaurants, cafes and national retailers

• Offered with a short-term lease

*Approximate

For Sale by Expressions of Interest Closing Wednesday 27 November at 2pm.

For further information please contact:

Julian Heatherich - 0412 995 655

Benson Zhou - 0458 488 888

James Latos - 0422 604 900

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Potential
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4. Property Location

648-656 High Street, Reservoir, VIC 3073

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5. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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648-656 High Street, Reservoir, VIC 3073 Reservoir
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Savills - VIC
Savills - VIC
Level 29, South Tower, 80 Collins Street, Melbourne, VIC, 3000
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Julian Heatherich
Julian Heatherich
+61 *** *** *** show +61 412 995 655
Benson Zhou
Benson Zhou
+61 *** *** *** show +61 458 488 888
James Latos
James Latos
+61 *** *** *** show +61 422 604 900
Enquire