Sale By Negotiation
736 Plenty Road, Reservoir, VIC 3073
TWO TITLES, THREE TENANTS PLUS FUTURE DEVELOPMENT UPSIDE (STCA)!!
* HIGH-EXPOSURE MAIN ROAD POSITION
* MULTI-TENANTED INVESTMENT
* COMMERCIAL 1 ZONING
Jellis Craig are pleased to offer for sale 734-736 Plenty Road, Reservoir - a high-exposure and mixed-use investment opportunity!
Comprising two titles, the property features ground floor clear span retail / showroom with bathroom and roller door access, and two first floor tenancies leased separately with dual access via front and rear staircases.
This asset is ideally located within minutes from Summer Hill Shopping Centre, and enjoys easy access from major arterial roads such as Plenty Road, Bell Street, Albert Street and the Metropolitan Ring Road, plus the added benefit of having both tram and bus public transport options on its doorstep.
Features:
* Building area: 607 sqm (approx.)
* Land area: 446 sqm (approx.)
* Returning circa $82,160 pa net once fully let
* Spacious open plan ground floor retail / showroom
* Separate first floor tenancies
* Four (4) on-site car spaces
* Development potential to add additional levels (STCA)
* Tram and bus public transport options within metres
* Easy access to major arterial roads, incl. M80 Metropolitan Ring Road
* Commercial 1 Zoning
* Two (2) titles, and dual access via ROW
* Suitable for investors, owner occupiers and savvy developers seeking future upside (STCA)
Please contact the exclusive sales and marketing agents for further information.
Land size: 446 Square Metres approx.
Request Section 32
Due diligence checklist
Sales Consultant
0412 658 137
Director & Head of Commercial Department
0428 253 430
Property Info
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