40A Newlands Road, Reservoir 345 m2

Subscribe to regular market updates. * MONTH-TO-MONTH LEASE TO LONG-TERM TENANT * CURRENTLY RETURNING CIRCA $19,188 PER ANNUM NET Jellis Craig are pleased to offer for sale via Expressions of Interest closing Thursday 18 June at 4pm (unless sold prior), an opportunity to secure an affordable factory / warehouse in Reservoir’s established and evolving industrial estate – just 11 kms north of Melbourne’s CBD. Well positioned on a major thoroughfare and a stone’s throw from Sydney Road / Hume Highway allowing for easy access, the property is currently operating as a hot food shop on an overholding basis and is primed for refurbishment. - Land area: 345 sqm (approx.) - Building area: 166 sqm (approx.) - Currently returning circa $19,188 pa net, on a month-to-month lease - Future upside potential to renovate / refurbish (STCA) - Roller door above glass shopfront - Clearspan factory / warehouse once fitout removed - Rear courtyard, with sideway access - Onsite car parking - Easy access to multiple major atrial roads, incl. Bell Street, Sydney Road / Hume Highway and M80 Ring Road - Just 11km (approx.) north of Melbourne CBD - Industrial 1 Zoning - Suitable for a variety of uses (STCA) Please contact the exclusive sales and marketing agent for further information. Inspection by appointment Reservoir West Primary School Carrington Road Reservoir Fawkner Primary School Lorne Street Fawkner Argyle Street Fawkner Darul Ulum College of Victoria Baird Street Fawkner North 760 Sydney Road Coburg Moreland Primary School De Carle Street Moreland 52 Saunders Street Moreland John Fawkner College (interim name) 237 Spring Street Reservoir Cooper Street Preston West Newlands Primary School Elizabeth Street East Coburg Ruthven Primary School Glasgow Avenue Reservoir Australian International Academy of Education 653 Sydney Road Coburg St Joseph the Worker School 79 Wilson Boulevard Reservoir North 562 Sydney Road Coburg Coburg Senior High School Preston West Primary School 383 Murray Road Preston Reservoir Primary School Duffy Street Reservoir 95 William Street Fawkner North Coburg Primary School 98 Bell Street Coburg Moomba Park Primary School 111 Anderson Road Fawkner Glenroy Specialist School 48-50 Box Forest Road Glenroy Preston Primary School 240 Tyler Street Preston Coburg North Primary School 180 Ohea Street Coburg Pascoe Vale North Primary School Kent Road Pascoe Vale St Oliver Plunkett's School Landells Road Pascoe Vale 36 Patterson Street Coburg East Ruthven Secondary College (interim name) 60 Merrilands Road Reservoir Preston Girls Secondary College Cooma Street Preston St Thomas More's School 30 Angus Street Hadfield