Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Search Visibility Bands show where Quiet Listings has observed a property appearing within price-filtered property searches during its marketing campaign.
The lower end of the band is based on observed search visibility. Quiet Listings then applies an algorithmic buffer based on the confidence and quality of the available search data.
Search Visibility Bands are independently generated by Quiet Listings from observed search data. They are not supplied by the seller or listing agent and are not an asking price, agent price guide, property valuation, auction reserve, seller expectation or indication of a price the seller will accept.
Buyers should contact the listing agent for official pricing information.
Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Set on a substantial 736 square metre block with an impressive 20.1-metre frontage, this unique property in Reservoir affords an exceptional prospect for a wide range of buyers including investors and developers.
The site hosts two freestanding, self-contained residences, each benefitting from plentiful off-street parking and generous outdoor spaces. This versatility offers potential for strong dual rental income or a redevelopment opportunity subject to council approval.
Located in a desirable and convenient area, the property benefits from close proximity to an array of quality amenities and educational institutions. Families and students will appreciate easy access to Reservoir East Primary School, Reservoir High School, the Northern College of the Arts & Technology, and La Trobe University.
Shopping needs are well catered for by nearby centres including Summerhill Shopping Centre featuring major supermarkets, Northland Shopping Centre, and Bunnings Warehouse. Medical services are also conveniently close.
Beyond amenities, the locale offers appealing lifestyle and transport options with local parks such as McComas Street Playground, athletic fields, and excellent connectivity through the Plenty Valley Highway and train stations at Thomastown and Thornbury, providing a direct transit route to Melbourne's CBD.
This adaptable property presents a strategic opportunity to secure a valuable asset in a highly accessible and amenity-rich pocket of Reservoir.
In Reservoir, Quiet Listings observed 41 new houses entering the market over the last 30 days, up from 34 during the previous 30-day period, with an average advertised asking price of $1,026,073. The property type mix of listed properties is predominantly Houses at 47%, followed by townhouses (23%), and units (22%). The most active agency for houses in the Reservoir area is currently Ray White, representing 32% of new listings, followed by Nelson Alexander with 27%. 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.
Upcoming inspection times scheduled in the next 14 days.
This property has had 5 previous open for inspections. Schedules can change at late notice, please confirm times with the selling agent before attending an open home.
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