For Sale

728 Plenty Road,
Reservoir 3073, Victoria

2 car spaces
223m² land size
90m² building size
Offices

$600,000 - $625,000 - SMSF ELIGIBLE


Property details

OCCUPY, INVEST OR RE DEVELOP

- Located with the Plenty Road 86 tram line stop on your doorstep within close proximity to Preston Market, Northland Shopping Centre, Summer Hill Shops, La Trobe University and only 9 km's from CBD
- Shop of 90 sqm* with Plenty Road frontage of 6.1 metres* on land area of 223 sqm*
- Suit a variety of using including office, retail or allied health/medical consulting
- Potential for a mixed-use commercial/apartment, rooming house or student accommodation development over multiple levels (STCA)
- Kitchen and bathroom amenities
- Rear access to on site parking
- Flexible Commercial One Zoning
- Eligible for Self Managed Super Fund (SMSF) LRBA Borrowing
- Tax effective investment opportunity with the Negative Gearing option available for investors
- Month-to-month overholding tenancy with the tenant willing to commit to a long term lease if purchased by an investor
* Approximately

From 1 July 2024, eligible buyers of commercial and industrial properties can choose to pay stamp duty in full at settlement or spread the payments over 10 years.

For further information or to arrange an inspection contact:
John Kalpakis 0412 500 250
john.kalpakis@raywhite.com
or
Mitchell Kalpakis 0428 761 735
mitch.kalpakis@raywhite.com

DISCLAIMER:
Whilst Ray White Preston has taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accepts no responsibility and disclaims all liability in respect of any errors, inaccuracies, or misstatements contained herein.
Ray White Preston urges prospective purchasers to make their own inquiries to verify the information contained herein.

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.


Inspections


Explore the area


School catchments

  • Holy Name School Primary Prep-6 Catholic 0.15km
  • Preston Primary School Primary Prep-6 Government 0.63km
  • Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 0.95km
  • Reservoir East Primary School Primary Prep-6 Government 0.99km
  • Preston North East Primary School Primary Prep-6 Government 1.2km

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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