27c/3a Newlands Road
Reservoir, VIC 3073

Overview

ECHO PARK - BRAND NEW 50 SQM WAREHOUSE/STORAGE UNIT

• This brand new, architecturally designed storage unit is located in the heart of the established Reservoir Industrial Precinct, offering a modern and functional space for various commercial uses.
• Reservoir is a well-established and rapidly evolving inner metropolitan area situated just 11 kilometers north of Melbourne's Central Business District, providing excellent proximity to the city.
• The location offers easy access to major roads and freeways, facilitating convenient transportation and logistics.
• The property is zoned as Flexible Industrial 3, allowing for a range of industrial and commercial activities.
• Onsite car parking is available, enhancing accessibility for tenants and visitors.
• The unit is equipped with three-phase power, supporting a variety of industrial equipment and operations.
• It is NBN ready, ensuring high-speed internet connectivity suitable for modern business needs.
• The pricing is affordable, making it an attractive entry-level investment for Self Managed Super Fund (SMSF) investors and owner-occupiers.
• This unit is ideal for tradespeople, hobbyists, or those seeking additional space for business or household storage, including storage for bikes, small boats, cars, caravans, or use as a studio or office space.
• New building tax depreciation benefits apply, providing potential financial advantages to buyers.
• The property represents an ideal entry-level acquisition for SMSF owner-occupiers or investors looking to enter the commercial property market.

From 1 July 2024, eligible buyers of commercial and industrial properties in Victoria will have the option to pay stamp duty either in full at settlement or spread the payments over a period of 10 years, offering greater flexibility in managing acquisition costs.

Prospective buyers are encouraged to conduct their own inquiries to verify all information and ensure it meets their requirements.

Location