FOR SALE
$1,000,000 - $1,100,000

130 Broadway
Reservoir VIC 3073

Bedrooms: 5
Bathrooms: 1
Car spaces: 4
Land area: 616m2
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Auction Time
Sat 21 Dec 2:00 pm
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No upcoming inspections scheduled.
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Family Home with Commercial Opportunity.

Forthcoming Auction
This unique property combines family living with outstanding business potential in a prime location.
The residential property boasts 4 spacious bedrooms all fitted with built in robes for ample storage. A centrally located main bathroom ensures convenient access for all bedrooms.
The rear living area, designed for comfort, seamlessly connects to the adjoining kitchen and meals area, which flows out to a covered porch- perfect for enjoying your morning coffee or relaxing afternoon refreshments.
What truly sets this property apart is the versatile shopfront, ideal for a retail business, café, office space or home-based enterprise. The ground floor features two workspaces and a built-in bench including sink, while the upper level includes a bedroom, retreat and an ensuite for added flexibility.
A separate studio at the rear of the property provides additional living space, including a generously sized bedroom and a versatile living area, ideal for a variety of uses.
Additional features: Ducted heating & evaporative cooling to the main property, high ceilings, floorboards throughout and a convenient powder room all to the main property, ample secure parking spaces and low maintenance yards.
Close to Reservoir Train Station, Plenty Road Tram line, Broadway Shopping, Summerhill Shopping Centre, Northland Shopping Centre, La Trobe University, Reservoir Leisure Centre and a variety of Primary and Secondary Schools.
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Property Details for 130 Broadway, Reservoir

130 Broadway, Reservoir is a 5 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 616m2. The place is currently for sale with Jellis Craig Reservoir.

Building Type
House
Land Size
616m2

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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 2011 was 47,636 people. By 2016 the population was 50,455 showing a population growth of 5.9% 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 2011, 62.5% of the homes in Reservoir were owner-occupied compared with 59.3% in 2016.

Reservoir has 28,688 properties. Over the last 5 years, Houses in Reservoir have seen a 14.11% increase in median value, while Units have seen a 13.77% increase. As at 30 November 2024:

  • The median value for Houses in Reservoir is $901,846 while the median value for Units is $601,775.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 157 properties listed for sale, and 69 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1055 properties were sold in the past 12 months in Reservoir.

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Walter Orlandi
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Jennette Mazur
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Jellis Craig Reservoir
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