353-355 Edwardes Street, Reservoir VIC 3073

This prime residential landholding presents an exceptional development opportunity within the sought-after Edwardes Street corridor of Reservoir. Comprising two adjoining residential allotments, the site totals a substantial 983 square metres of cleared, vacant land, ready for immediate development.

The property comes with a current planning permit for five townhouses, making it an ideal prospect for mid-tier builders or developers looking to capitalize on the growing demand for medium-density housing in this thriving inner northern precinct. The significant frontage to Edwardes Street further enhances the appeal and accessibility of the site.

Positioned near Edwardes Lake Park and the vibrant Edwardes Street Shopping Village, the location offers convenient access to an array of local amenities and public transport options. This proximity allows future residents to enjoy both the tranquility of nearby natural spaces and the convenience of urban services.

Key advantages of this property include:

• A generous land area encompassing two separate titles, providing flexibility and scale for development.
• Ready-to-build cleared site, significantly reducing initial preparation time and costs.
• Approved planning permit for five modern townhouses, streamlining the development process.
• A prominent street frontage enhancing the visibility and value of the project.
• Close integration with community facilities, transport links, and shopping precincts in Reservoir.

This opportunity is likely to attract developers and builders keen to engage in medium-density residential projects within a growth corridor. The combination of land size, planning approval, and strategic location makes it a compelling proposition that balances lifestyle accessibility with development potential.