New price
$900,000 - $950,000
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716 Gilbert Road, Reservoir VIC 3073

House
418
Block size: 626 m² approx.

Business, Development or Residential The choice is yours

Nestled in the heart of Reservoir, an established and vibrant suburb only 12km from Melbourne CBD. This inner north office & consulting premises boasts a premier commercial location with immense potential (STCA). Situated amidst the bustling retail traffic of Edwardes Street and High Street, the property features flexible Commercial 1 Zoning, making it ideal for a range of uses.

Key Features:

* Total Land Area: 626 sqm with over 13 meters of frontage to Gilbert Road
* Functional offices and consulting suites with rear parking
* Close proximity to thriving Reservoir & Preston Shopping facilities
* Available now for occupancy, investment, or development (STCA)
* Flexible Commercial 1 Zoning (CZ1)

Moreover, this property offers outstanding street exposure on a 635 sqm (approx.) block, making it a prime location for a five-star business or development opportunity. With amenities such as three consulting rooms, reception/office area, waiting room, toilet facilities, and 7-8 on-site car spaces with laneway access, it caters perfectly to medical professionals. Its strategic location near Gilbert Road trams, Regent Village shops, cafes, Edwardes Lake, and Reservoir West Primary School further enhances its appeal for potential development into multiple townhouses with a commercial space or the ideal location for a family home.

Don't miss out on this rare chance to secure a property with endless possibilities!

For further information, contact Hockingstuart Preston: Joe Ledda 0418 176 858 or NSL Property Group: Guy Naselli 0413 750 744

Inspections

No open inspections scheduled.

Send an enquiry

Contact Joe Ledda to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
4
Bathrooms:
1
Garage Spaces:
8
Property type:
House
Block Size:
626 *

Other Details

Lot:
1
Plan:
TP600503
Legal description:
1\TP600503
hockingstuart Preston

Maps and area information

Block information
Block size: 626 (approx)
Legal description: 1\TP600503
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Nearby sales

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We found 31 houses with 4 bedrooms that just sold near 716 Gilbert Road Reservoir

Property history

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See Reservoir's suburb profile

Statement of information

Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.

Reservoir suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
39 years
Population
51,096
Listing ID: 182438519. This listing has been viewed 1 time. It was first displayed on 10/04/2024 and last updated on 29/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.