726-728 Plenty Road Reservoir, VIC 3073

• Two shops on separate titles with a combined Plenty Road frontage of 12.2 metres*
• Potential for a mixed-use commercial/apartment, rooming house or student accommodation development over multiple levels (STCA)
• 726 Plenty Road building area of 50 sqm* on land area of 223 sqm*
• 728 Plenty Road building area of 90 sqm* on land area of 223 sqm*
• 728 Plenty Road has a month-to-month overholding tenancy with the tenant willing to commit to a long term lease if purchased by an investor
• Rear access to on site parking with a garage facility at number 726
• The property is eligible for Self Managed Super Fund (SMSF) LRBA Borrowing
• Tax effective investment opportunity with the Negative Gearing option available for investors
• Flexible Commercial One Zoning
• Approximately
• 726 Plenty Road, Reservoir: $600,000 - $650,000
• 726 Plenty Road, Reservoir: $625,000 - $675,000

From 1 July 2024, eligible buyers of commercial and industrial properties can choose to pay stamp duty in full at settlement or spread 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.