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Jellis Craig are pleased to offer for sale 736 & 736A Plenty Road, Reservoir, a high-exposure, mixed-use commercial property.

Comprising two titles, the property features a fully self-contained ground-floor tenancy offered with vacant possession, providing scope for immediate occupation or lease-up. The open-plan floorplate, rear roller door access and flexible layout make it suitable for a variety of uses including hospitality, retail, or service-based businesses (STCA).

Upstairs, the first floor is securely leased to two long-standing tenants, providing immediate income for investors or holding value for future development. With potential to build up to two further levels (STCA), the site offers excellent long-term upside in one of Melbourne’s fastest-growing northern corridors.

Ideally positioned with tram access at the doorstep and excellent surrounding amenity, the property enjoys strong exposure to thousands of passing vehicles daily.

Features:

• 297.52m2 Ground floor offered with vacant possession
• Land area: 446 sqm (approx.)
• First floor leased giving combined return of $33,160 +GST per annum
• Upstairs annual 4% increase, market review a
• Two titles
• Roller door access via rear laneway
• Four (4) on-site car spaces
• Development potential to add additional levels (STCA)
• Tram stop at doorstep, strong passing traffic
• Commercial 1 Zoning
• Suitable for investors, owner occupiers or future development (STCA)

Please contact the exclusive sales and marketing agents for further information.