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54 Gertz Avenue 2,056 SF Retail Building Reservoir, VIC 3073 $471,748 CAD ($229.46 CAD/SF)
Investment Highlights
- Flexible open-plan layout suited to multiple retail or business uses.
- Accessible position close to public transport and major arterial roads.
- Rear access with roller door and shed offers practicality for deliveries.
- Surrounded by residential density ensuring a stable consumer base.
Executive Summary
This rare investment opportunity offers a securely leased retail property in the bustling Reservoir commercial precinct. Positioned within a vibrant neighborhood strip, 54 Gertz Avenue combines immediate income stability with future flexibility for owner-occupiers or investors. The current lease provides reliable cash flow, anchored by a long-term tenant committed to the site, making this a compelling addition to any portfolio.
Situated within easy reach of key arterials and supported by strong residential catchment, the property offers a functional layout featuring a reception area, open-plan retail space, storage rooms, and dedicated staff amenities. Rear roller door access and an additional storage shed enhance operational convenience and delivery efficiency.
Surrounded by local retailers, essential services, and established neighborhoods, the location ensures sustained foot traffic and customer visibility. Excellent public transport links and proximity to major routes further enhance its connectivity within Melbourne’s northern corridor. With tenancy in place from day one, this is an attractive set-and-forget asset in a thriving suburban hub.
Situated within easy reach of key arterials and supported by strong residential catchment, the property offers a functional layout featuring a reception area, open-plan retail space, storage rooms, and dedicated staff amenities. Rear roller door access and an additional storage shed enhance operational convenience and delivery efficiency.
Surrounded by local retailers, essential services, and established neighborhoods, the location ensures sustained foot traffic and customer visibility. Excellent public transport links and proximity to major routes further enhance its connectivity within Melbourne’s northern corridor. With tenancy in place from day one, this is an attractive set-and-forget asset in a thriving suburban hub.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,056 SF
Building Class
C
Price
$471,748 CAD
Price Per SF
$229.46 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.05 AC
Frontage
20’ on Gertz Avenue
Amenities
- Storage Space
1 1
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54 Gertz Avenue
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