66-70 Gertz Avenue, Reservoir, VIC 3073 | Commercial for sale | OnTheHouse
 
FOR SALE
$1,800,000

66-70 Gertz Avenue
Reservoir VIC 3073

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 515m2
Land area: 569m2
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Mixed Used Occupancy with Guaranteed Tenancy til 2028 - Potential annual income of $98,922

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.
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Property Details for 66-70 Gertz Ave, Reservoir

Building Type
Commercial
Floor Size
515m2
Land Size
569m2
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About Reservoir 3073

The size of Reservoir is approximately 18.9 square kilometres. It has 45 parks covering nearly 8.8% of total area. The population of Reservoir in 2016 was 50474 people. By 2021 the population was 51096 showing a population growth of 1.2% in the area during that time. The predominant age group in Reservoir is 30-39 years. Households in Reservoir are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Reservoir work in a professional occupation.In 2021, 59.90% of the homes in Reservoir were owner-occupied compared with 59.30% in 2016.

Reservoir has 28,941 properties. Over the last 5 years, Houses in Reservoir have seen a 19.99% increase in median value, while Units have seen a 15.48% increase. As at 30 November 2025:

  • The median value for Houses in Reservoir is $970,763 while the median value for Units is $639,892.
  • Houses have a median rent of $550 while Units have a median rent of $510.
There are currently 118 properties listed for sale, and 81 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1257 properties were sold in the past 12 months in Reservoir.

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George Ioannou
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Christina Ioannou
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Harcourts Rata & Co
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