813 High StreetReservoir VIC 3073
Property Details for 813 High St, Reservoir
Last Listing description (June 2023)
Mcg is delighted to offer this magnificent mixed use development opportunity at 813 High Street, Reservoir for SALE via Expressions of Interest - Closing Friday 7th October @ 4:00pm AEST.
This property has an approved permit for nine (9) apartments in Melbourne's north.
Key attributes of this remarkable opportunity include:
- Land area: 401sqm*
- Building area: 345sqm*
- Permit approval for;
- Four 1 bedroom apartments
- One 3 bedroom apartment
- Four 2 bedroom apartments
- 9 apartments in total
- 1 ground floor commercial shop/office
- 4 level building architecturally designed
- Rear access (Rear right way)
- Currently occupied by single commercial car showroom returning $38,000pa* plus outgoings and GST
- A short walk to shops and Preston Market
- Train station within walking distance
- A premium apartment project in a highly sought after area
Expressions of Interest closing Friday 7th October at 4:00pm AEST
For further information please contact Domenic Dastoli on 0418 370 242 domenic@mcg.net.au
(*Approx)
Property History for 813 High St, Reservoir, VIC 3073
- 26 Aug 2022Listed for Sale By Expressions of Interest
- 31 Jan 2017Listed for Rent $40,000 / year
- 06 Oct 2016Listed for Rent $48,000 / year
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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 29,152 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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