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66-70 Gertz Avenue

Reservoir, VIC 3073, Australia
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3 bed 1 bath 2 car569 m²

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About this property

Currently leased till 2028 with intention to lease until 2053, this lucrative opportunity exists for smart purchasers to own a mixed use occupancy in Reservoir. Fetching an annual income of $65,122.32, the spacious shop boasts a corner shop frontage, with office, storage, staff change room and bathroom facilities. Upstairs another opportunity for further potential of approximately $33,800 per annum, set back from the shop front, the private apartment provides ample accommodation for a small family boasting three robed bedrooms, living/dining area, kitchen and double garage that can provide additional income with a separate entrance. * 3 x Split system heating and cooling units * 120 solar panels with 6 inverters * 569m2 land size * 3 toilets onsite * Potential Combined Income : $98,22,32 Enquire today to find out more. PHOTO ID REQUIRED Due diligence checklist - consumer.vic.gov.au/duediligencechecklist Privacy Policy and Privacy Collection Notice - rataandco.com.au/privacy-policy Material Facts - please refer to the contract of sale and vendor statement for material facts. Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.

Property Details

Property Type
studio
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
569 m²
Listed
3 months ago

Repayment calculator

$3,874/month
$1,937 /fortnight
Loan $639,200 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$159,800
Stamp duty$43,010
Conveyancing (est.)$2,000
Total upfront$204,810
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Reservoir

This 3-bedroom studio in Reservoir, VIC 3073 sits within reach of public transport, local shops and nearby schools.

Schools near Reservoir

  • Northern School For Autismcombined · U · CoEd
  • Holy Name Schoolprimary · Prep-6 · CoEd
  • Maharishi School of the Age of Enlightenmentprimary · Prep-6 · CoEd
  • Reservoir East Primary Schoolprimary · Prep-6 · CoEd
  • Reservoir Primary Schoolprimary · Prep-6 · CoEd
  • Reservoir Views Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Unnamed (bus)1.2 km away
  • Audio Lighting Service1.8 km away
  • Unnamed572 m away
  • Atkinson Reserve652 m away
  • Daleglen Reserve989 m away

Reservoir at a glance

Full suburb profile
Population
51,096
Median age
38
Household income
$1,541/wk
Median rent
$360/wk
Median mortgage
$1,986/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Reservoir price trend

Median sold · House 3 bed

Compound growth -0.6% / yr over 4 yrs

$870kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Reservoir market

Within 5km

Nearby Properties

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