123 Spring StreetReservoir VIC 3073
Property Details for 123 Spring St, Reservoir
123 Spring St, Reservoir is a 1 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 197m2. While the property is not currently for sale or for rent, it was last sold in June 2015.
Last Listing description (July 2016)
Attention Small Business Operators, with a live in opportunity all located in Regent bordering West Preston and within 10km of the CBD.
The wait is over for this superb commercial opportunity, offering the ability to mix and match offering large office/retail accommodation with an attached residence within a Blue Ribbon locale namely Regent!
Offering solid brick construction, plate glass fa ade, fully tiled retail/office area, entrance reception area, 5 partitioned office suites, tea room/kitchenette facilities, plus the added bonus of a renovated one bedroom (three room) residence at rear with polished timber flooring, gas heating, split system air-conditioning, full kitchen adjacent meals area, separate large lounge living room, central bathroom with internal toilet and laundry facilities.
Close to and walking distance to Regent Railway Station, Gilbert Rd Tram, High Street Shopping Precinct, Preston Market and easy access to the CBD through the Gilbert Rd/St Georges Rd corridor.
All this in a Blue Ribbon Location on the border West Preston and within 10km from Melbourne CBD.
Zoning: Commercial 1 Zone
Land: 5.49m x 36.58m = 201m2 approx.
Please Note: Right of Way (R.O.W.) at rear
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Property History for 123 Spring St, Reservoir, VIC 3073
- 09 Jun 2015Sold for $457,500
- 05 Mar 2015Listed for Sale SOLD BY LINDELLAS
- 05 Jul 2014Listed for Sale $500,000-$550,000
Recent sales nearby
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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 28,936 properties. Over the last 5 years, Houses in Reservoir have seen a 17.33% increase in median value, while Units have seen a 14.71% increase. As at 31 December 2025:
- The median value for Houses in Reservoir is $984,628 while the median value for Units is $637,552.
- Houses have a median rent of $550 while Units have a median rent of $520.
Suburb Insights for Reservoir 3073
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