684 High StreetReservoir VIC 3073
Property Details for 684 High St, Reservoir
684 High St, Reservoir is a 1 bedroom, 0 bathroom House and was built in 1930. The property has a land size of 223m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Last Listing description (October 2020)
Ray White Commercial is delighted to present to market 684 High Street, Reservoir. This is a rare opportunity to acquire a quality piece of commercial real estate in a market starved of such a unique and quality opportunity. The property is being offered with vacant possession and is not subject to GST.
What makes this offering all the more exciting is that the property benefits from high exposure to High Street, is located 200m* from Regent Station, 1km* from the Preston Market and surrounded by many well known national retailers including Woolworths, Aldi, Chemist Warehouse, Holden, Nissan & Toyota just to name a few. Northland Shopping Centre is also 2.3km* East with La Trobe University 4km* away.
This exceptional property, with a building area of 127m2* has been converted into a residence with great attention to detail however it can easily be returned to a shop or office. It also benefits from fantastic scope for future development (STCA) aided not only by the R.O.W, but also its valuable mixed use zoning (MUZ).
There is on-site parking on the rear as well as a large courtyard which can be used to increase the parking capacity with the added potential to extend the current building (STCA). There is also the flexibility of seamlessly splitting the property into two separate tenancies ensuring separate income streams thus making it an ideal and versatile investment for any savvy investor!
Property Details:
• Total land area | 205m2 approx
Total building area | 127m2 approx
Potential to be split into two separate tenancies
Amenities include 2x toilets, shower, kitchen with appliances & laundry
• 200m* from Regent Station & 1km* from both Preston Station & Preston Market
• Surrounded by well known major retailers including: Woolworths, Aldi, Chemist Warehouse, F45, Avis, Toyota, Nissan, Holden, Hyundai & Europcar amongst others
• Future Development Upside (STCA) with R.O.W
Vacant Possession
Mixed Use Zone (MUZ)
NO GST PAYABLE
Theo Karkanis | 0431 391 035
George Ganavas | 0478 634 562
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
Property History for 684 High St, Reservoir, VIC 3073
- 22 Oct 2020Sold for $763,000
- 16 Sep 2020Listed for Sale Sold
- 09 Oct 2019Listed for Sale Contact Agent
Recent sales nearby
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0About 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 29,150 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.
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