208 Broadway, Reservoir, Vic 3073

$550,000

House
Type
2
Bedrooms
1
Bathrooms
221 m²
Area

Last updated on Wednesday, June 10, 2026 ( See property details for 208 Broadway, Reservoir, Vic 3073)

$550,000

Harry Kontossis Director, Auctioneer, Licensed Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile commercial property in Reservoir's bustling shopping precinct, offering substantial space and development potential.

🏡 Property Highlights

  • Unusually large lock-up shop of approximately 150m² with versatile usage options.
  • Located in a thriving and busy shopping precinct with excellent street parking.
  • Within walking distance to Reservoir Station for convenient transport access.
  • Suitable for owner-occupiers, investors, or multi-level development (STCA).
  • Ideal for food, restaurant, office, showroom, or medical premises.
  • Situated on a 221m² parcel in a Commercial 1 Zone (C1Z).

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Balcony
  • Garage
  • Air Conditioning
  • Ensuite
  • Outdoor Area
  • Built-in Robes
  • Dishwasher
  • Security Screens / Gates

Reservoir is a vibrant suburb known for its diverse shopping options, excellent transport links, and strong community atmosphere. It offers a mix of commercial and residential developments, making it an attractive location for investors and business owners. The area benefits from proximity to Reservoir Station, providing easy access to Melbourne CBD. Local amenities include cafes, supermarkets, and recreational parks, fostering a convenient lifestyle. The suburb's ongoing growth and development make it a prime spot for commercial investment and business expansion.

What are the permitted uses for this commercial property?
The property is suitable for food, restaurant, office, showroom, and medical uses, subject to council approval.
Is there potential for multi-level development on this site?
Yes, multi-level development is possible, subject to planning and council approval (STCA).
What parking options are available for customers and staff?
The property offers excellent street parking and good access via a lane at the rear.
What is the zoning for this property?
The property is zoned as Commercial 1 Zone (C1Z).
Are there any restrictions or covenants on the property?
Details regarding restrictions or covenants should be confirmed with the local council or a legal advisor.
Are there any existing planning or development restrictions that could affect future use or modifications? Has the property been inspected for structural issues or environmental hazards? Are there any outstanding rates, taxes, or levies payable on the property? What are the potential costs associated with obtaining necessary permits for development? Is there any history of flooding or bushfire risk in this area? Are there any easements or encumbrances affecting the property? What are the nearby construction or planning activities that could impact the property? Are there any strata or body corporate considerations if applicable? What are the long-term zoning plans for this area? Are there any restrictions on signage or business operations in this zone?

208 Broadway, Reservoir, Vic 3073 - More Details

$550,000

Type
House
Bedrooms
2
Bathrooms
1
Area
221 m²
House Size
150 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Sat 13 Jun 9:30 am

    Saturday 13 June
    9:30 am - 10:00 am
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