66-70 Gertz Avenue
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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
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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 Service — 1.8 km away
- Unnamed — 572 m away
- Atkinson Reserve — 652 m away
- Daleglen Reserve — 989 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
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Reservoir marketSide-by-side analysis
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