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290 Broadway
Reservoir VIC 3073
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290 Broadway Reservoir VIC 3073

  • Shop & Retail
  • 320 m²
  • For Sale, UNDER CONTRACT (under offer)

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 500 250
john.kalpakis@raywhite.com
or
Mitchell Kalpakis 0428 761 735
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.

Ray White Preston
Ray White Preston
363 High Street
Preston, VIC 3072

Property Highlights

Floor Area320 m²
Land Area236 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019621644
Category
Last updated  11 Nov 2024
Map for 290 Broadway Reservoir VIC 3073
Ray White Preston
Ray White Preston
363 High Street
Preston, VIC 3072

Property Highlights

Floor Area320 m²
Land Area236 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019621644
Category
Last updated  11 Nov 2024

Co-Agents

More about 290 Broadway Reservoir VIC 3073

290 Broadway Reservoir VIC 3073 is categorized as Shop & Retail Property. It has a floor area of 320 m² and a land area of 236 m². The listing ID for this property is 2019621644.

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