40 Johnson St, Reservoir is a 5 bedroom, 1 bathroom House with 6 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2013.
A Solid Investment With Two Potential Income Streams Brilliantly located within just stone throw away from Keon Park train station, bus services and the Cappella Apartments complex, this perfectly positioned property boasts an existing thriving business at the front and an attached five-bedroom residence upstairs. Not to mention these kind of listings are like unicorns. Very rare opportunity comes like this at your doorstep.
The shop at the front has lot of potential to mould the tailoring business into any retail store of your desire.
Restaurant to takeaway pizza or any store , convert this massive potential shop in the passion you desire whilst staying close to family.
These listings don't last for long and don't miss any opportunity to be a part of it as it comes with dual income source.
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 29,025 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:
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