218 Broadway, Reservoir, VIC 3073 sold on 23 December 2025 | OnTheHouse
 
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Sold on 23 Dec 2025 - Price Unavailable

218 Broadway
Reservoir VIC 3073

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
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Property Details for 218 Broadway, Reservoir

218 Broadway, Reservoir is a 4 bedroom, 2 bathroom Other with 4 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 4 bedroom Other sold in Reservoir in the last 12 months.

Building Type
Other

Last Listing description (December 2025)

Seize this outstanding investment opportunity in a premier retail strip.

This versatile property comprises a ground-floor retail shop and an upstairs dwelling.

The downstairs tenancy is currently leased to a computer repair business, generating approximately $22,671.35 per annum, with the lease presently on an overholding basis.

The upstairs dwelling is vacant, offering potential for immediate use or further income.

Both levels are equipped with bathroom facilities and consulting rooms, while the ground floor also provides access to a generous backyard.

Ideally positioned within a thriving retail precinct, the property enjoys excellent on-street parking and is surrounded by a diverse mix of established businesses.

The building area is approximately 190m2 set on a land area approximately 221m2, and is zoned Commercial 1.

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Property History for 218 Broadway, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
23 Dec 2025
  • 23 Dec 2025
    Sold for $742,000
  • 08 Oct 2025
    Listed for Sale $742,000
  • 22 May 2025
    Listed for Sale $850,000
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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 28,939 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.
There are currently 96 properties listed for sale, and 81 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1284 properties were sold in the past 12 months in Reservoir.

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Julian Cannavo
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Tan Nguyen
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