673 Plenty RoadReservoir VIC 3073
Property Details for 673 Plenty Rd, Reservoir
Last Listing description (December 2023)
- Located with the Plenty Road 86 tram line stop on your doorstep within close proximity to Preston Market, Northland Shopping Centre, Summer Hill Shops, La Trobe University, and only 9km from CBD
- Prominent two-story corner of Frier Avenue positioned building with plenty of exposure
- Separate entrances to the shop and residence
- First level self-contained one-bedroom room apartment of 53sqm* with heating/cooling
- Options galore:
- Work and live in the whole of the property
- Live in the residence and lease out the shop
- Work from the shop and lease the residence
- Lease the shop and residence as one tenancy
- Lease the shop and residence separately
- Roller shutter door vehicle access/parking
- Private rear paved courtyard area
- Being offered on a vacant possession basis
- Zoned Commercial One
- Land area: 196sqm*
- NO GST PAYABLE
* Approximately
Property History for 673 Plenty Rd, Reservoir, VIC 3073
- 03 Nov 2023Sold for $720,000
- 01 Aug 2023Listed for Sale $720,000 to $770,000 (NO GST PAYABLE)
- 12 Nov 2021Listed for Rent $270 / week
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0About 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 28,268 properties. Over the last 5 years, Houses in Reservoir have seen a 23.70% increase in median value, while Units have seen a 21.16% increase. As at 31 July 2024:
- The median value for Houses in Reservoir is $922,735 while the median value for Units is $602,707.
- Houses have a median rent of $510 while Units have a median rent of $480.
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