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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

47 Lane Crescent
RESERVOIR Victoria 3073

AUCTION $720,000 - $790,000
Search Price: $720,000 *
3
Bed
1
Bath
5
Cars
Property Type: House
Agency: Ray White
Last Updated: 24 Feb 2026
Overview

Perfectly positioned in a well-connected and highly sought-after pocket of Reservoir, 47 Lane Crescent presents an outstanding opportunity for home buyers, investors and developers alike. Located within a short distance to Broadway's vibrant cafés and shops, Reservoir Station and the 86 tram, this address offers everyday convenience with exceptional long-term potential.

Set on a substantial 636sqm (approx.) allotment, the home itself is move-in ready and filled with warmth and character. Inside, you will find three spacious bedrooms serviced by a central bathroom, along with a stunning living area enhanced by beautiful features that create a welcoming focal point. Hardwood floors flow throughout, adding timeless appeal, while split system heating and cooling ensure year-round comfort. A full-size laundry further enhances functionality for families and tenants alike.

Outdoors, the property continues to impress with a double garage and additional off-street parking, providing ample space for multiple vehicles, trades, trailers or recreational equipment. The generous backyard further enhances the appeal, offering plenty of room for entertaining, future extensions or redevelopment.

For home buyers, this is a property that offers immediate comfort with the flexibility to update, extend or personalise over time. For investors and developers, the expansive landholding presents exciting scope for future development or multi-dwelling potential (STCA). Whether you are looking to land bank, build new or capitalise on a high-growth location, this is an opportunity not to be overlooked.

In a location that continues to thrive thanks to its transport links, lifestyle amenities and strong community appeal, 47 Lane Crescent is a smart move today with rewarding potential for tomorrow.

Location
47 Lane Crescent
RESERVOIR Victoria 3073 T
Market Insights for Reservoir Victoria 3073
New Listings (last 30 days)
7
Average price
$675,000
Lowest price
$280,000
Highest price
$1,100,000
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