28C/3A Newlands RoadReservoir VIC 3073
Property Details for 28c/3a Newlands Rd, Reservoir
Last Listing description (April 2026)
- Ray White Preston Commercial are proud to offer this brand new architecturally designed storage unit investment in the heart of the established Reservoir Industrial Precinct
- Reservoir is an established and rapidly evolving inner metropolitan location only 11 km's north of the Melbourne CBD
- Easy access to main roads and freeways
- Onsite car parking
- 3 phase power
- NBN ready
- Affordable entry level pricing for Self Managed Super Fund investors and owner occupiers
Ideal for tradies, hobbyists, man cave/she shed use, business/ household storage, storing of bikes, small boats, cars, caravans, studio or office space
- New building tax depreciation benefits
- Ideal entry level acquisition for a SMSF owner occupier or investor
- Lease summary:
- One year lease term to 1.3.2027
- Option of a further one year term
- Market review in year one of the further term
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 28c/3a Newlands Rd, Reservoir, VIC 3073
- 27 Apr 2026Sold
- 15 Mar 2026Listed for Sale $330,000
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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 28,999 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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