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Investment Highlights

  • Positioned on an established retail strip with high pedestrian and vehicular visibility.
  • Over 12 meters of frontage to Edwardes Street and convenient rear laneway access.
  • transport
  • Favorable Commercial 1 Zoning allowing flexibility for commercial or mixed-use development (STCA).
  • Close to Northland Shopping Centre and Preston Market, two of the area’s largest retail and cultural hubs.

Executive Summary

This property offers an outstanding opportunity to acquire a versatile site in the heart of Reservoir’s premier retail corridor. Positioned prominently on Edwardes Street, the site covers approximately 446 sqm and allows multiple potential uses, including occupation, investment, or future development (STCA). Current improvements include a functional structure suitable for adaptive reuse, adding immediate utility for buyers.
The property enjoys favorable Commercial 1 Zoning, providing exceptional flexibility for various commercial operations. It features over 12 meters of prime street frontage and dual access from both Edwardes Street and a rear laneway, enhancing accessibility for tenants and customers.
Located only minutes from High Street and Gilbert Road, the asset benefits from a thriving commercial context and proximity to leading retail destinations. Just 2 km away is Northland Shopping Centre, offering more than 330 specialty retailers. Preston Market, known for its vibrant atmosphere and food culture, is also nearby, drawing consistent local and regional patronage.

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Building Size
517 SF
Building Class
C
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.11 AC
Frontage
19’ on Edwardes Street

Amenities

  • Signage
  • Accent Lighting
  • Air Conditioning
  • Listing ID: 40222361

  • Date on Market: 4/21/2026

  • Last Updated:

  • Address: 82 Edwardes St, Reservoir, VIC 3073

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