50/52-53 Johnson Street, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

50/52-53 Johnson Street
Reservoir VIC 3073

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Property Details for 50/52-53 Johnson St, Reservoir

Building Type
Commercial
Local Government
Darebin

Last Listing description (January 2024)

BRILLIANT BUSINESS OPPORTUNITY

Commercial Real Estate Group proudly presets you with a brilliant opportunity to lease a brand-new retail spot for a wide range of business!!

3 different units available! (129sqm - 157sqm)
Blank Canvas

Ready for immediate fit out
Attractive lease terms available

Capella comprises of 4 ground floor retail/hospitality, sitting underneath a beautifully designed complex that houses 64 apartments and is located in the heart of Reservoir. Located right across Keon Park train station and at the busy intersection of High Street, Mahoneys Road and Keon Parade, this retail spot offers great foot traffic and also fantastic main road exposure!

Other key features include:
Gas supply, glazing provisions and 3 phase power
Located on the corner of High Street, Keon Parade and Mahoneys Road
Close proximity to Keon Park Station & right next to proposed new Keon Park Train Station
Suitable for F&B businesses, NDIS supports, Beauty Salon, Barber, Medical and Allied Health practices
Plenty of off-street parking
Attractive lease terms & incentives available

Enquire about this property, asking rents and more or to arrange an inspection.

To enquire about price, floor plan, or to arrange an inspection don't hesitate to contact Daniel 0498 181 818 or Robert 0400 244 044

Commercial Real Estate Group - Setting the standards others follow!
www.creg.property

Disclaimer: Vendor / Agency or Agent representative will not be held responsible for any errors or mis descriptions whatever that appears. All prospective purchasers / lessees are advised to take their own necessary measurements, permit & council checks, research & their own diligence before entering into any agreements. No part of this work maybe copied, reproduced or use of photos copyrights.

Property History for 50/52-53 Johnson St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
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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 29,148 properties. Over the last 5 years, Houses in Reservoir have seen a -0.25% decrease in median value, while Units have seen a 10.34% increase. As at 31 July 2026:

  • The median value for Houses in Reservoir is $949,204 while the median value for Units is $650,197.
  • Houses have a median rent of $600 while Units have a median rent of $538.
There are currently 120 properties listed for sale, and 111 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1179 properties were sold in the past 12 months in Reservoir.

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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.