FOR SALE
$3,500,000

49 Reservoir Road
Monbulk VIC 3793

Bedrooms: -
Bathrooms: -
Car spaces: 10
Floor area: 6091m2
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GREAT INVESTMENT

Welcome to 49 Reservoir Road, Monbulk! This exceptional industrial/warehouse property offers a prime opportunity for investors and business owners alike. Boasting a generous land area of 6091sqm, this property is sure to impress.
Situated in the heart of Monbulk, this property is strategically located for easy access to major transport routes and amenities. Whether you're looking for a great investment opportunity or to expand in the futurte, this property offers endless possibilities.
The property is currently tenanted for $220,000 per year with a long lease.
The spacious building area provides ample room for storage, manufacturing, or any other industrial needs. With its versatile layout and functional design, this property offers the perfect canvas for customization and optimization.
The price guide for this remarkable property is set at $3,500,000. This represents an incredible opportunity to secure a substantial industrial/warehouse space at a competitive price. Don't miss out on this chance to make your mark in the thriving Monbulk business community.
For more information or to arrange a private viewing, please contact our dedicated real estate team.

Property Details for 49 Reservoir Rd, Monbulk

Building Type
Commercial
Floor Size
6091m2

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About Monbulk 3793

The size of Monbulk is approximately 20.3 square kilometres. It has 12 parks covering nearly 6.2% of total area. The population of Monbulk in 2011 was 3,456 people. By 2016 the population was 3,583 showing a population growth of 3.7% in the area during that time. The predominant age group in Monbulk is 40-49 years. Households in Monbulk are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Monbulk work in a trades occupation. In 2011, 81.4% of the homes in Monbulk were owner-occupied compared with 79.4% in 2016.

Monbulk has 1,653 properties. Over the last 5 years, Houses in Monbulk have seen a 33.76% increase in median value, while Units have seen a 26.55% increase. As at 31 August 2024:

  • The median value for Houses in Monbulk is $873,179 while the median value for Units is $634,618.
  • Houses have a median rent of $670 while Units have a median rent of $5,280.
There are currently 10 properties listed for sale, and 1 property listed for rent in Monbulk on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Monbulk.

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Vic Apakian
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