227A & B Broadway, Reservoir, Vic 3073

Prime opportunity, located on a prominent corner allotment with excellent exposure this well-maintained building offer multiple choices.

First floor is currently leased at $20,800pc plus GST and outgoings.
Ground floor previously leased at $50,000pc plus GST and outgoings. Ideal for an investor or owner occupier.

The versatile ground floor space features a reception area, kitchen, full bathroom, multiple rooms and ample storage, indicating strong potential returns. The property includes covered parking for three cars with direct access to the building and has only one immediate neighbour, as it adjoins a rear right of way.

Zoned commercial1 and situated on approximately 233m2 of land, the site offers scope for further development, subject to relevant approval. Its strategic location, on multiple bus routes and within walking distance to reservoir station, enhances it’s appeal, making it aa rare opportunity that is hard to pass by.