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43 Crevelli Street Reservoir, VIC 3073

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43 Crevelli Street,
Reservoir, VIC 3073

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Map of 43 Crevelli Street

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Prime Commercial Property on 43 Crevelli Street, Reservoir

Overview:
Discover a lucrative investment opportunity with this prime commercial property located at 43 Crevelli Street, Reservoir. Strategically positioned in a highly populated pocket of Reservoir, this property offers exceptional potential for business growth, development, or leasing.

Key Features:
1. Strategic Location: Situated in the heart of Reservoir, a rapidly growing suburb in Melbourne's north. Benefit from great visibility and easy accessibility, attracting both foot and vehicle traffic.
- Commercial Zone 1
2. Versatile Space: The property boasts a versatile layout suitable for a range of business types, from retail shops to professional offices.
3. Facilities: The property features business essential amenities. Plus, great on-street parking makes for very easy access to and from the premises for both employees and customers.
4. Investment Potential: With Reservoir's ongoing development and increasing property values, this commercial space presents an excellent investment opportunity with promising ROI potential. Current rental return sits at $24,000 per annum!
5. Local Amenities: Enjoy proximity to a variety of local amenities including cafes, restaurants, shops, and public transport options, enhancing convenience for both customers and employees.

Opportunity Awaits:
Whether you are an investor seeking a strong opportunity, a business owner looking for a strategic location, or a developer aiming to capitalise on Reservoir's growth, 43 Crevelli Street offers an enticing opportunity.
Do not miss out on this rare chance to secure a commercial property in an ever growing Melbourne suburb. Contact us today to arrange a viewing and explore the potential of 43 Crevelli Street, Reservoir.





Additional information

Reservoir, 3073 demographic data

The median household income for Reservoir is $1,541, 19% lower than Greater Melbourne's household income of $1,901. Reservoir has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 47% of property owners in Reservoir have a mortgage.

51,096
Population
$1,541 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
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43 Crevelli Street
Reservoir, VIC 3073

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