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Overview
Positioned in a quiet and convenient location close to shops, schools, and public transport, this elevated brick residence offers an exceptional opportunity for families, first-home buyers, renovators, and investors. The home is comfortable and immediately liveable, providing the flexibility to move in straight away and enjoy the space while gradually updating and enhancing it over time to create a remarkable family home or a rewarding investment.
Set on a generous allotment, the property benefits from the rare advantage of dual street frontage, combining character, space, and untapped potential. Behind its classic façade lies a practical floorplan featuring three generous bedrooms, spacious living and dining areas, beautiful hardwood timber floors, and a large kitchen and meals area that serves as the heart of the home.
Whether you plan to modernise gradually, undertake a comprehensive renovation, or simply add value over time, the solid construction and generous proportions provide an excellent foundation. Buyers can preserve the home's existing charm while transforming it into a contemporary residence tailored to their own style and needs.
Outside, established gardens, attractive terrazzo paving, and valuable rear access to a substantial garage/workshop further enhance the property's appeal. The elevated position and peaceful street setting create an ideal environment for families, while the dual frontage offers flexibility and future possibilities rarely found in today’s market.
This property is particularly suited for renovators, tradies, and investors, as opportunities like this are becoming increasingly difficult to secure. Combining a sought-after location, solid construction, generous proportions, and genuine value-add potential, this home is where vision and effort can be richly rewarded.
- Rare dual street frontage
- Rear access to substantial garage/workshop
- Three generous bedrooms
- Spacious living and dining zones
- Large kitchen and meals area
- Hardwood timber floors
- Attractive terrazzo paving
- Established gardens
- Move straight in and renovate at your own pace
- Exceptional value-add potential
- Scope to create a stunning family home
- Ideal for families, renovators, and investors
- Close to shops, schools, and public transport
This is a home you can comfortably enjoy from day one, with endless scope to enhance, modernise, and add value over time. Whether you are searching for the perfect family home, a rewarding renovation project, or a smart investment, this is an opportunity to secure today and reap the rewards for years to come.
Local Market Insights
In Reservoir, Quiet Listings observed 46 new houses entering the market over the last 30 days, up from 35 during the previous 30-day period, with an average advertised asking price of $1,000,870. The property type mix of listed properties is predominantly Houses at 42%, followed by townhouses (31%), and units (19%). Ray White was the most active agency in this area, representing 30.4% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| Auction | Sat 4th Jul 10:30 AM | |
| Auction $695,000 - $760,000 |
Location
Reservoir VIC 3073
Market Insights for Reservoir VIC 3073
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