716 Gilbert RoadReservoir VIC 3073
Property Details for 716 Gilbert Rd, Reservoir
716 Gilbert Rd, Reservoir is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 626m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Reservoir in the last 12 months.
Last Listing description (November 2024)
Hocking Stuart Preston and NSL Property Group are pleased to present 716 Gilbert Road Reservoir For Sale Via Public On Site Auction on Saturday October 19th at 11am (Unless Sold Prior)
This inner north office & consulting premises sits within a premier commercial precinct and is ripe for further upside (STCA).
Positioned in an established and exclusive precinct of Reservoir, close to the Edwardes Street and High Street retail traffic, the site offers flexible Commercial 1 Zoning.
Key Features include:
Total Land Area: 626 sqm
Over 13 metre frontage to Gilbert Road
Functional offices and consulting suits with rear parking.
Moments from thriving Reservoir & Preston Shopping Strips
Flexible Commercial 1 Zoning (CZ1)
10 car spaces on title
Occupy, Invest or Develop (STCA)
Available Now
For further information on this asset contact:
Hocking Stuart Preston: Joe Ledda 0418 176 & Josie Galati 0431 621 614
NSL Property Group: Guy Naselli 0413750744 and Jerry Lee 0458 823 340
Property History for 716 Gilbert Rd, Reservoir, VIC 3073
- 19 Oct 2024Sold for $843,000
- 14 Jun 2024Listed for Rent $550 / week
- 23 Feb 2024Listed for Sale $790,000 - $860,000
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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 28,582 properties. Over the last 5 years, Houses in Reservoir have seen a 18.33% increase in median value, while Units have seen a 18.50% increase. As at 31 October 2024:
- The median value for Houses in Reservoir is $914,960 while the median value for Units is $603,893.
- Houses have a median rent of $530 while Units have a median rent of $500.
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