1/8 Carson Street,
Reservoir, VIC 3073

Shops & Retail • Offices • Medical & Consulting

Key property information

Floor area

Zoning

Municipality

Tenure type

Sold on

Map of 1/8 Carson Street

Directions

SECURELY LEASED COMMERCIAL INVESTMENT OPPORTUNITY

NO GST PAYABLE
4.8 PER CENT NET YIELD
TAX DEPRECIATION BENEFITS

- As new shop of 55sqm returning $14,078.57 per annum net
- Two-year lease term from 17.5.2021 with 2 further options of 2 years
- Fixed 2 percent annual increases with a market review in year one of each option
- Tenant pays all outgoings
Features:
- Stone kitchen with stainless steel appliances
- Bathroom with shower amenities
- Quality fittings fixtures and finishes
- Split-system heating and cooling
- Easy stroll to Keon Park station
- Zoned Commercial One
- No GST payable
- No Owners Corporation Fees
- Building tax depreciation benefits
- Ideal property to kick start or to add to your commercial investment portfolio

Additional information

External websites

External link 1

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