11 Mahoneys Road Reservoir VIC 3073

Savills is delighted to offer for sale this prosperous investment property occupied by a successful bonsai nursery for over 20 years. The property is well located in Melbourne's northern suburbs, surrounded by complementary retail options.

Key attributes of the property include:

Occupied by the longstanding 'Orient Bonsai Nursery' with new built improvements
5+5+5 year lease (with current term expiring in Feb 2025)
Returning $80,340pa* + GST
3% fixed annual rental increases
Underpinned by 1,327sqm* landholding
General Residential Zone 1 with future development potential
Dual frontage to Mahoneys Road and Asquith Street
Moments from Keon Park Train Station
Direct access to arterial roads including High Street and the Metropolitan Ring Road

*Approximate

SOLD

For further information please contact:

Glenn Ye - 0476 938 888
Julian Heatherich - 0412 995 655
Tanya Su - 0430 302 950