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43 Crevelli Street Reservoir, VIC 3073

Sold for $500,000 on 18 Aug 2024Floorplan
  • Building: 117m²
  • Land: 164m²
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Retail in Reservoir

Prime Commercial Property on 43 Crevelli Street, Reservoir

  • Building: 117m²
  • Land: 164m²

Overview:
Discover a lucrative investment opportunity with this prime commercial property located at 43 Crevelli Street, Reservoir. Strategically positioned in a highly populated pocket of Reservoir, this property offers exceptional potential for business growth, development, or leasing.

Key Features:
1. Strategic Location: Situated in the heart of Reservoir, a rapidly growing suburb in Melbourne's north. Benefit from great visibility and easy accessibility, attracting both foot and vehicle traffic.
- Commercial Zone 1
2. Versatile Space: The property boasts a versatile layout suitable for a range of business types, from retail shops to professional offices.
3. Facilities: The property features business essential amenities. Plus, great on-street parking makes for very easy access to and from the premises for both employees and customers.
4. Investment Potential: With Reservoir's ongoing development and increasing property values, this commercial space presents an excellent investment opportunity with promising ROI potential. Current rental return sits at $24,000 per annum!
5. Local Amenities: Enjoy proximity to a variety of local amenities including cafes, restaurants, shops, and public transport options, enhancing convenience for both customers and employees.

Opportunity Awaits:
Whether you are an investor seeking a strong opportunity, a business owner looking for a strategic location, or a developer aiming to capitalise on Reservoir's growth, 43 Crevelli Street offers an enticing opportunity.
Do not miss out on this rare chance to secure a commercial property in an ever growing Melbourne suburb. Contact us today to arrange a viewing and explore the potential of 43 Crevelli Street, Reservoir.

Building:

117m²

Land:

164m² / 0.04 acres

Tenancy:

Vacant

43 Crevelli Street, Reservoir, VIC 3073