206 Broadway Reservoir VIC 3073
Property Details for 206 Broadway, Reservoir
Last Listing description (April 2025)
- Ray White Preston is delighted to present this exceptional commercial freehold opportunity located in the heart of Reservoir's thriving business district
- Situated within an exclusive commercial precinct near High Street and less than 600 meters from Reservoir Train Station, this property offers unparalleled convenience and potential
- Property Highlights:
- Includes 3 seperate rooms, providing flexibility for owner-occupiers or staff accommodation
- Functional Facilities: Equipped with a kitchen featuring a gas stove, as well as a toilet and shower
Convenient Access: Offers rear off-street parking, enhancing accessibility for customers and staff
- Key Specifications:
- Land Area: Approximately 220 sqm
- Building Area: Approximately 145 sqm
- Zoning: Flexible Commercial One Zoning, suitable for a variety of business uses
- This property presents a perfect opportunity to occupy, invest, or develop (subject to council approval). Its strategic location and versatile features make it a valuable asset in Melbourne's dynamic northern suburbs
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.
Property History for 206 Broadway, Reservoir, VIC 3073
- 17 Apr 2025Sold for $630,000
- 18 Mar 2025Listed for Sale EOI $600,000 to $660,000
- 03 Oct 2017Listed for Rent $20,857 / year
Recent sales nearby
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0About 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 28,940 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.
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