785 High Street, Reservoir

$1,250,000

FLEXIBILITY PLUS- INVEST, OCCUPY OR RE DEVELOP -THREE SHOPS AND A SEPARATE RESIDENCE

NO GST PAYABLE Set in a prime position with an 18 m (approx) frontage to Reservoir's High Street, this 607m2 property (approx), currently improved by three shop fronts and a residence, delivers an outstanding opportunity to secure an affordable and versatile commercial and residential freehold in a high exposure location. A laneway to the rear offers potential dual access whilst an up-scaling of residential and commercial development within the immediate area initiates options to introduce shops/showrooms/offices/medical and professional consulting rooms on the ground level and the possible development of multi-storey apartments above. With Regent Station 250 metres away, bus passing every few minutes, and the influx of cafes and eateries all within a quick stroll, this is an opportunity not to be missed. * Significant land holding of 607 m2, providing strong potential for future development (stca) * Three shop fronts and a 2 bedroom weatherboard Edwardian residence on one title * Set among a diverse mix of commercial and residential properties * Rear access via ROW

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