Versatile Business Opportunity with Prime Frontage and Tram Access

Open For Inspections: Wednesday 4 November 3:30pm - 4pm

Looking to establish your business or expand your investment portfolio? This versatile commercial property on the border of Reservoir and Preston offers an exciting opportunity.

Under the 2026 federal negative gearing reforms, commercial property remains outside the residential-specific restrictions, allowing eligible investors to continue offsetting deductible rental losses against other taxable income. Purchasing through a self-managed super fund also remains an option, with borrowing permitted for qualifying business real property through a compliant limited recourse borrowing arrangement. Benefits depend on your circumstances, so seek independent advice.

With prominent Plenty Road frontage and a Route 86 tram stop directly outside, this property combines excellent exposure with convenient access.

Set on approximately 220 square metres of land, it features around 50 square metres of shop space, a kitchenette and toilet, plus a spacious rear yard and undercover area. Rear laneway access provides parking for up to four cars.

Whether you're considering retail, storage or another business venture, the flexible layout offers scope to bring your vision to life, subject to relevant approvals.

Land size: 220sqm
Floor Area: 50sqm
Deposit: 10% of the purchase price
Settlement Preference: 30/60 days

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.

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Inspections

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School catchments

Holy Name School Primary Prep-6 Catholic 0.35km
Preston Primary School Primary Prep-6 Government 0.38km
Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 0.85km
Reservoir East Primary School Primary Prep-6 Government 1.2km
Preston North East Primary School Primary Prep-6 Government 1.3km
Preston High School Secondary 7-12 Government 1.4km
Northern College of the Arts and Technology Secondary 10-12 Government 1.4km
Reservoir High School-Heidelberg Secondary Teaching Unit Secondary Government 1.6km
SEDA College (Victoria) - AFL- Preston Secondary Independent 1.6km
Reservoir High School Secondary 7-12 Government 1.6km
St Gabriel's School Primary Prep-6 Catholic 1.7km
Parade College - Preston Campus Secondary Catholic 1.7km
East Preston Islamic College Combined Prep-12 Independent 1.8km
Sacred Heart School Primary Prep-6 Catholic 1.8km
Preston West Primary School Primary Prep-6 Government 1.8km
St Raphael's School Primary Prep-6 Catholic 2.0km
Preston South Primary School Primary Prep-6 Government 2.0km
St Monica's College - St Stephen’s/Gaudete Campus Secondary Catholic 2.1km
St Stephen's School Primary Catholic 2.2km
St John's College Preston Combined Prep-12 Independent 2.2km
Reservoir Primary School Primary Prep-6 Government 2.3km
SEDA College (Victoria) - J.E Moore Park Campus Secondary Independent 2.3km
Reservoir West Primary School Primary Prep-6 Government 2.3km
Charles La Trobe P-12 College-Olympic Village Primary Campus Combined Government 2.6km
Thornbury High School Secondary 7-12 Government 3.0km
Bindjiroo Yaluk Community School-The Island Campus Secondary Government 3.5km
Virtual School Victoria Combined Prep-12 Government 3.6km

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.

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