Property Details for 22 Yarra Ave, Reservoir
Last Listing description (October 2024)
Premium Shop & Residence Unit in Prime Location
Available From 01/08/2024.
A premium shop front nestled in a prime location, offering unparalleled versatility and comfort.
Key features include:
Versatile Space: Enjoy a 60sqm shop/office/studio complemented by a 60sqm, 2-bedroom residence.
Prime Positioning: Strategically located with effortless access to Broadway, Plenty Road, Albert Street, High Street, Summerhill & Northland Shopping Centers.
Modern Amenities: Experience comfort and security with split system heating/cooling, a comprehensive security system.
Rear Access: Benefit from a right of way at the rear leading to a double carpark, ensuring convenience and privacy.
Generous Space: With a total building area of 120 sqm and a land area of approximately 184 sqm, this property provides ample room to accommodate your business and residential needs seamlessly.
Business One Zone: Enjoy the flexibility afforded by the Business One Zone designation, catering to a diverse range of business activities and residential use.
This premium offering presents a unique opportunity to establish your business or studio in a sought-after location while enjoying the comforts of a beautifully renovated residence.
Property History for 22 Yarra Ave, Reservoir, VIC 3073
- 10 Oct 2024Listed for Rent - Price not available
- 03 May 2024Listed for Rent - Price not available
- 04 Aug 2019Listed for Rent - Price not available
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About Reservoir 3073
The size of Reservoir is approximately 18.9 square kilometres. There are 45 parks, covering nearly 8.8% of the 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 28,996 properties. Over the last 5 years, Houses in Reservoir have seen a 6.60% increase in median value, while Units have seen a 14.29% increase. As at 30 April 2026:
- The median value for Houses in Reservoir is $968,594 while the median value for Units is $651,866.
- Houses have a median rent of $570 while Units have a median rent of $525.
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