41 Crevelli St 925 SF Retail Condo Unit Offered at $368,553 CAD in Reservoir, VIC 3073

This property forms part of a strata-titled building within a tightly held neighborhood retail strip in Reservoir. Ownership provides access to common property elements maintained under an owners corporation, ensuring shared responsibility for upkeep of external areas and building integrity. Strata arrangements typically cover structural components, insurance, and communal services, with individual owners managing their internal premises. Buyers should review the applicable strata plan and regulations to confirm usage rights, contribution obligations, and any operational requirements pertaining to retail or office use.

Positioned within one of Reservoir’s established shopping precincts, 41 Crevelli Street offers a fully refurbished ground-floor commercial suite comprising approximately 86 m². Sold with vacant possession, this property creates flexibility for owner-occupiers seeking to establish their business quickly or investors looking to capitalize on strong leasing demand for smaller format commercial premises.
Versatility is a key advantage, with potential uses including retail, professional office, or specialized health services, subject to necessary approvals. Located just moments from Chaleyer Street and main commuter routes, the property benefits from steady local foot traffic, immediate access to public transport links including bus and tram stops, and ample on-street parking for clients and staff.
At an asking price of $375,000, this asset represents an excellent entry point into Melbourne’s commercial market with minimal upfront improvements required thanks to recent renovations. Its position within a well-supported shopping strip ensures future relevance for both occupiers and investors seeking a stable holding in a growth area.