Premium, high visibility corner site where Gilbert Road and Henty Street intersect
Fees in the Reservoir - Southwest Catchment are as high as $173 per child per day with limited vacancies reported
Ideally located 460m from Reservoir West Primary School with approx. 592 students enrolled and a further 5 schools within 1.8km totalling 1,281 students between them
La Trobe University is approx. 4.5km away, accommodating more than 36,000 students across their various campuses
Well situated for lifestyle activities, only metres from Edwardes Lake Park and Athletic Field, 1.1km from Reservoir Library and 2.3km from the historic Preston Markets
Numerous townhouse estate developments near the site
Reservoir is just 12km North of the Melbourne CBD and is a densely populated area with an estimated 77,845 residents within 3km of the site in 2023, of which approximately 5,728 children are in the target demographic of 0-5 years of age
860m from the Reservoir Village retail precinct, anchored by Coles, IGA and Priceline plus numerous cafes, restaurants and specialty stores
The site is well connected by transport, with 4 Train Stations within 3km of the site on the Upfield and Mernda Train lines, and only 1.2km from the Route 11 tram line leading to Melbourne's CBD
Land Size: 1,114 m2 (approx.)
Building Size: 625 m2 (approx.)
Car Spaces: 17 spaces
Lease Terms: 10 + 10 + 10
3.5% fixed annual increases.
LEASED
Contact Wendy Zhou on 0422 011 188 or Jonathan Lan on 0422 358 259 to receive a detailed information memorandum and lease documentation.
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ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.
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