Commercial Ready Logo
Watch Watch
Your home of Commercial Ready videos
Watch Watch
Search
All Videos
Search
Grid
Back
Sold Check
Go to Home
Properties / Sold / Victoria / Reservoir
Save
Share
Sold

648-656 High Street, Reservoir, VIC, 3073

+11 Photos
/
Images
Close

648-656 High Street, Reservoir, VIC, 3073

Reservoir

648-656 High Street, Reservoir, VIC, 3073
×
Sold Check
+13 Photos
/

648-656 High Street, Reservoir, VIC, 3073

Reservoir

SOLD
648-656 High Street, Reservoir, VIC, 3073
Properties / Sold / Victoria / Reservoir
Vacant Possession
Selling Method
Auction
Selling Details
Contact the Melbourne Commercial Property Experts
Land Area
1,963 m² (*approx)
Floor Area
1159 m² (*approx)
Property Type
Retail, Offices, Land
Sub-type
Whole Building, Mixed Use
Est. Income
$0 p/a
Show All
Substantial office and former church on large corner site
  • Realisation Sale – Must be sold
  • Ideal corner freehold of 1,963 sqm*
  • Versatile offices & church hall

Savills Commercial is delighted to offer for sale via Realisation Auction 648-656 High Street, Reservoir.

This substantial property presents an outstanding opportunity to acquire an existing building for owner occupation, as well as a very attractive development site in the Preston Activity Centre.

Key attributes of the property include:

• Prime corner freehold of 1,963 sqm* with a combined frontage of 91 m*

• Quality offices and unique church buildings with a combined floor area of 1,159 sqm*

• Mixed Use Zoning (MUZ) providing for a variety of uses

• The property is in the new Preston High Street Activity Centre, with proposed heights ranging from 4 to 10 storeys (STCA)

• Direct proximity to Regent train Station (260m*) and bus stops (directly in front of the property)

• High Street Retail & Entertainment strip on your doorstep including restaurants, cafes and national retailers

• Offered with a short-term lease

*Approximate

For Sale by Realisation Auction Wednesday 29 October at 12:30pm.

For further information please contact:

Julian Heatherich - 0412 995 655

Benson Zhou - 0458 488 888

James Latos - 0422 604 900

Remember to mention you found this property on CommercialReady

Read More
Vacant Possession
Vacant Possession

648-656 High Street Investment Summary

Property Type
Retail, Offices, Land
Sub-type
Whole Building, Mixed Use
Est. Income
$0 p/a
Land Area
1,963 m² (*approx)
Floor Area
1159 m² (*approx)
Selling Method
Auction
Selling Details
Contact the Melbourne Commercial Property Experts

Investment Highlights

Substantial office and former church on large corner site
  • Realisation Sale – Must be sold
  • Ideal corner freehold of 1,963 sqm*
  • Versatile offices & church hall

Savills Commercial is delighted to offer for sale via Realisation Auction 648-656 High Street, Reservoir.

This substantial property presents an outstanding opportunity to acquire an existing building for owner occupation, as well as a very attractive development site in the Preston Activity Centre.

Key attributes of the property include:

• Prime corner freehold of 1,963 sqm* with a combined frontage of 91 m*

• Quality offices and unique church buildings with a combined floor area of 1,159 sqm*

• Mixed Use Zoning (MUZ) providing for a variety of uses

• The property is in the new Preston High Street Activity Centre, with proposed heights ranging from 4 to 10 storeys (STCA)

• Direct proximity to Regent train Station (260m*) and bus stops (directly in front of the property)

• High Street Retail & Entertainment strip on your doorstep including restaurants, cafes and national retailers

• Offered with a short-term lease

*Approximate

For Sale by Realisation Auction Wednesday 29 October at 12:30pm.

For further information please contact:

Julian Heatherich - 0412 995 655

Benson Zhou - 0458 488 888

James Latos - 0422 604 900

Remember to mention you found this property on CommercialReady

Read More
Vacant Possession
Julian Heatherich
Julian Heatherich
+61 *** *** *** show +61 412 995 655
James Latos
James Latos
+61 *** *** *** show +61 422 604 900

Download Development Site Report
Julian Heatherich
Julian Heatherich
+61 *** *** *** show +61 412 995 655
James Latos
James Latos
+61 *** *** *** show +61 422 604 900

Property Location of 648-656 High Street, Reservoir, VIC, 3073

One moment please.

Retrieving map...

Reservoir Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

Powered by DistrictData

View Full Report – Dataroom

One moment please.

Retrieving suburb data...

+ More nearby suburbs – View dataroom

Finance Calculator

648-656 High Street, Reservoir, VIC, 3073

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

Estimated Purchase Price $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report
648-656 High Street, Reservoir, VIC, 3073 Reservoir
Savills Melbourne
Savills Melbourne
80, Collins Street, Melbourne, Victoria, Australia, 3000
View Agency Profile
Julian Heatherich
Julian Heatherich
+61 *** *** *** show +61 412 995 655
James Latos
James Latos
+61 *** *** *** show +61 422 604 900
calculator-icon Yield Calculator
calculator-icon Yield Calculator
calculator-icon
income-icon clear-icon
income-icon clear-icon
income-icon