37 Johnson Street, Reservoir, VIC 3073 sold on 25 September 2025 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 25 Sep 2025 - Price Unavailable

37 Johnson Street
Reservoir VIC 3073

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 210m2
Land area: 241m2
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Property Details for 37 Johnson St, Reservoir

Building Type
Commercial
Floor Size
210m2
Land Size
241m2

Last Listing description (September 2025)

- Freshly renovated shop of 210 sqm* positioned in an evolving/regenerating shopping strip
- Short stroll to Keon Park station and bus transport
- Ex poultry wholesale and retail outlet

- Rear roller shutter delivery access
- Flexible Commercial One Zoning
- Rear access via sealed ROW
- 6 metre street frontage
- Land size 241 sqm*
- Heating and cooling
- kitchenette
- Lease details:
Rent $28,000 plus all outgoings
Two year lease from 9/07/2025
Further terms of 2+2 years
Fixed 4 per cent annual increases
Market reviews in year one of the further terms
* Approximately

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 Star 0418 951 604
john.star@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 37 Johnson St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
25 Sep 2025
  • 25 Sep 2025
    Listed for Sale $680,000 - $700,000
  • 25 Sep 2025
    Sold - Price Undisclosed
  • 29 Nov 2024
    Listed for Sale $680,000 - $700,000
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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 28,935 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.
There are currently 115 properties listed for sale, and 81 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1273 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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John Star
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Mitch Kalpakis
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Ray White Preston
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.