290 Broadway Reservoir VIC 3073

- 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
From 1 July 2024, the State Revenue Office allows buyers of commercial and industrial properties to choose between paying stamp duty at settlement or spreading the payments over 10 years.

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.