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38 Johnson Street Reservoir, VIC 3073

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38 Johnson Street,
Reservoir, VIC 3073

Shops & Retail • Offices • Development Sites & Land

Key property information

Land area

Floor area

Property extent

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Map of 38 Johnson Street

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Mortgagee Sale - Development Site.

Auction Location: On Site.

An opportunity to purchase this boutique development site with planning permit for Retail shop and 4 two bedroom apartments over three levels. Construction had commenced (slab) prior to the mortgagee taking possession.

Situated within the local shopping precinct and surrounded by major urban renewal projects providing confidence for future growth.

Notable Features -
- Walking distance to Keon Park train station
- Commercial 1 Zone
- Airport via the M80 ring road.
- Total land size 346m2 - Rear ROW access

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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38 Johnson Street
Reservoir, VIC 3073