66-70 Gertz Avenue
Reservoir, VIC 3073

This property presents a lucrative opportunity to own a mixed-use occupancy in Reservoir, currently leased until 2028 with intentions to extend the lease until 2053. It offers a potential annual income of approximately $98,922, combining income from both commercial and residential components.

The ground floor features a spacious shop with a prominent corner frontage, ideal for retail or commercial use. The shop includes an office, storage area, staff change room, and bathroom facilities, providing a functional and versatile space for various business operations.

Upstairs, there is a private apartment set back from the shop front, offering accommodation suitable for a small family. The apartment comprises three bedrooms, each with built-in robes, a living and dining area, a kitchen, and a double garage. The separate entrance to the apartment allows for additional income potential, either through leasing or owner occupation.

• Equipped with three split system heating and cooling units, ensuring comfort throughout the year.
• Features 120 solar panels with six inverters, contributing to energy efficiency and reduced running costs.
• The land size is approximately 569 square meters, providing ample space for the building and potential outdoor areas.
• There are three toilets onsite, accommodating both commercial and residential needs.

This mixed-use property is ideal for investors seeking a guaranteed tenancy and steady income stream, or for owner-occupiers looking for a combined commercial and residential setup. The location in Reservoir offers accessibility and convenience, enhancing the property's appeal.

Interested parties are encouraged to make their own enquiries to verify all information, including land size and tenancy details. Due diligence is advised, and further information can be obtained upon enquiry.