269-271 Spring StreetReservoir VIC 3073
Property Details for 269-271 Spring St, Reservoir
Last Listing description (November 2012)
POSITION-PROMINENCE-POTENTIAL - FOR SALE
First time offered for sale in 60 years. This fantastic commercial freehold, better known as Gibsons Menswear, presents an opportunity not to be missed. Perfectly positioned, facing busy Spring Street, opposite Zone 1 train station and car park, it offers superb main road exposure in the heart of Reservoir. Excellent rear access to building and Council Car Park, Civic Centre and major shopping precinct. Great investment or owner occupier with exciting potential to redevelop; e.g. shops, offices, residential apartments (STCA).
LAND AREA - 466m2 (11.6m x 40.4m) approx.-One Title
BUILDING AREA - Over 400m2 downstairs + 2 x carport & 50m2 upstairs approx.
CHATTELS - All existing fixed floor coverings, electric light fittings, alarm system, front counter,
shelves and 4 x RC air conditioners.
TERMS - Vacant possession-10% Deposit-Settlement 30/60/90 days
Property History for 269-271 Spring St, Reservoir, VIC 3073
- 07 Dec 2012Sold for $1,210,000
- 03 Aug 2012Listed for Rent - Price not available
- 04 May 2012Listed for Sale $1,300,000 O.N.O
Recent sales nearby
See more recent sales nearby/assets/perm/l26rnv7klii63fhq3opwpbjzli?signature=d8a054ed0f62bab5dd39e609988d3560bf6bbe946f4d881a87d2d5d73c45a395){kind=logo}
0/assets/perm/tivhj5fanai63mrzc7qcpgkksu?signature=3c180ab2af9f3ab2fc3b12dad5ec1006aded8dfd76e4f4ba8399380e9748bb75){kind=logo}
0/assets/perm/6t7njfh6bmi63cmkkwpfu2s52y?signature=fbfea76367a35c5f5331df02ea0a91994f03e7a4f3e71a20899ae9a467534e15){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
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 19.48% increase in median value, while Units have seen a 14.48% increase. As at 31 January 2026:
- The median value for Houses in Reservoir is $996,610 while the median value for Units is $637,650.
- Houses have a median rent of $550 while Units have a median rent of $520.
Suburb Insights for Reservoir 3073
Market Insights
Reservoir Trends for Houses
N/A
N/A
View TrendN/A
N/A
Reservoir Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
