830 Plenty Road, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

830 Plenty Road
Reservoir VIC 3073

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 10435m2
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Property Details for 830 Plenty Rd, Reservoir

Building Type
Commercial
Land Size
10435m2
Local Government
Darebin
Lot/Plan
2/PS720428

Last Listing description (August 2023)

The Leasing Agency is delighted to offer for lease various brand-new tenancies at Reservoir Central Shopping Centre.

The key highlights of this opportunity include:


+ Limited amount of available tenancies ranging from 40sqm to 194sqm*

+ Bustling shopping precinct anchored by Marco Fine Foods & Groceries (a popular and affordable premium grocer), Kmart and Chemist Warehouse

+ Strategic location within an enormous residential catchment encompassing Reservoir, Preston and Bundoora

+ Suitable for a variety of businesses including hospitality, office, medical, beauty, wellness and specialty retail

+ Prominent signage opportunities with exposure to over 35,000 vehicles daily along Plenty Road

+ Flexible terms and priced to lease immediately

*approx.

---

The Leasing Agency strives to provide the most attentive services on the market.

Here's how we can assist:

Tenant Representation

The Leasing Agency has represented high-profile occupiers in all sectors of the commercial market. We leverage our expertise and relationships to help you form a growth strategy that gives you the edge to secure opportunities for the right price and on the right terms.

Lease Assignment

Whether your business is upsizing, downsizing or relocating, The Leasing Agency can assist with developing an exit strategy that minimises liability. By providing lease disposal advice and managing the marketing and documentation process, we can guide you through the lease assignment process while eliminating your risk exposure.

Business Brokerage

By appointing The Leasing Agency to sell your business, you gain access to our extensive network of local and international clients who are always on the lookout for fresh opportunities. Our comprehensive service ensures you maximise the sale price of your business - from effective marketing and careful negotiation through to the final handover process.

Renewal Negotiation

The lease renewal process can be stressful for many businesses and negotiating the right terms for the coming years is critical for the ongoing success. The Leasing Agency is associated with a number of industry-leading valuers who offers expert advice throughout the renewal negotiation process with strong supporting evidence to back our claim.

Leasing Services

The Leasing Agency is the acknowledged market leader in commercial leasing. Our attentive services, tireless work ethic and balanced approach have earned us the reputation of leasing experts. We pride ourselves in being leasing specialists and this focus has distinguished us from traditional real estate agencies in the market.

Asset Management

At The Leasing Agency, we value relationships with our tenants and landlords. We believe by maintaining a balanced relationship, we can achieve an optimal long-term outcome and safeguard the return on your hard-earned investment. As proactive property experts, we keep up to date on current market trends and constantly strive to add value to your portfolio.

Development Advisory

The success of a commercial project relies heavily on having the right tenancy mix. At The Leasing Agency, we help developers find the most ideal design efficiency ratio and involve ourselves from initial planning, through securing anchor tenants, to the final delivery. By engaging us, we can minimise the vacancy risk and maximise the development yield.

Strategic Planning

Real estate is a long game that requires meticulous planning. As leasing professionals, our fingers are on the pulse - we monitor market trends closely and are well-positioned to help assess your property strategy. We are here to assist, whether you are looking to expand your portfolio, add value to existing assets or diversify into different commercial sectors.

Property History for 830 Plenty Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$22,963,496
05 Oct 2020
Listed for Rent
$60k/w
18 Jul 2023
  • 31 May 2023
    Listed for Sale Contact Melbco Development Sites Today
  • 23 Dec 2022
    Listed for Rent - Price not available
  • 05 Oct 2020
    Sold for $22,963,496
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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 29,019 properties. Over the last 5 years, Houses in Reservoir have seen a 17.66% increase in median value, while Units have seen a 13.54% increase. As at 28 February 2026:

  • The median value for Houses in Reservoir is $998,614 while the median value for Units is $646,432.
  • Houses have a median rent of $550 while Units have a median rent of $520.
There are currently 105 properties listed for sale, and 68 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1300 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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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.