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Overview
This near-new townhouse in Reservoir offers a blend of contemporary style and practicality, making it ideal for both investors and homeowners seeking a low-maintenance lifestyle in a convenient location. The home’s open-plan living areas are designed to maximize space and natural light, fostering a comfortable atmosphere for daily living and entertaining. A modern kitchen complements the living zones, providing functionality for meal preparation and family gatherings.
Three generously-sized bedrooms provide ample personal space, supported by two well-appointed bathrooms that contribute to the home's convenience and comfort. Outdoors, the private backyard accompanied by a deck creates a versatile area suitable for relaxation or casual entertaining. Security and parking needs are well catered for with a secure garage providing space for two vehicles.
Strategically located near shops, schools, parks, and public transport options, the property offers easy access to Melbourne's CBD, enhancing its desirability for a wide range of buyers. Currently leased with a solid rental income, it represents a sound investment opportunity with established returns. Overall, the townhouse combines modern design and location benefits, making it a functional and attractive property for a diverse audience.
Local Market Insights
In Reservoir, Quiet Listings observed 33 new townhouses entering the market over the last 30 days, up from 19 during the previous 30-day period, with an average advertised asking price of $767,773. The property type mix of listed properties is predominantly Houses at 43%, followed by townhouses (31%), and units (19%). Ray White was the most active agency in this area, representing 24.2% 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.
Location
Reservoir VIC 3073