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43 Crevelli Street,
Reservoir 3073, Victoria

164m² land size
117m² building size
Retail

$500,000


Property details

Prime Commercial Property on 43 Crevelli Street, Reservoir

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.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.


Explore the area


School catchments

  • Preston North East Primary School Primary Prep-6 Government 0.52km
  • East Preston Islamic College Combined Prep-12 Independent 0.67km
  • Holy Name School Primary Prep-6 Catholic 1.0km
  • Reservoir East Primary School Primary Prep-6 Government 1.2km
  • Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 1.4km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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