25c/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 uses.
• Reservoir is a well-established and rapidly evolving inner metropolitan area situated approximately 11 kilometers north of Melbourne's Central Business District, providing convenient access to urban amenities.
• The location benefits from easy access to major roads and freeways, facilitating efficient 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 convenience for users and visitors.
• The unit is equipped with three-phase power, supporting a variety of electrical needs for industrial or commercial operations.
• It is NBN ready, ensuring high-speed internet connectivity for business or personal use.
• The pricing is affordable, making it an attractive entry-level option for Self Managed Super Fund (SMSF) investors and owner-occupiers.
• The unit is ideal for tradespeople, hobbyists, or those seeking additional storage space for business or household items, including bikes, small boats, cars, caravans, or as a studio or office space.
• New building tax depreciation benefits apply, providing potential financial advantages to buyers.
• This 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 in full at settlement or spread the payments over a 10-year period, offering greater flexibility in managing acquisition costs.

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

Location