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

2/827-829 Plenty Road, Reservoir VIC 3073

$360,000

Unit 1 Bed 1 Bath 1 Car 1522 m² 40 m²
Listed: 4 days ago
Updated: 22 hours ago
Overview

This ground-floor unit at 2/827-829 Plenty Road offers a practical blend of comfort, privacy, and convenience, perfectly suited for those seeking a low-maintenance lifestyle in Reservoir’s accessible pocket. Nestled at the rear of the complex, it creates a peaceful haven away from the bustle while ensuring that key amenities are just a short walk away.

The open-plan design seamlessly integrates the living, kitchen, and meals areas, making daily living easy and functional. The kitchen’s electric stainless-steel appliances support efficient meal preparation, while the generous bedroom with built-in robes provides ample storage and restful privacy. The central bathroom impresses with both a bathtub and shower, catering to a variety of personal preferences.

One of the property’s highlights is the private, northeast-facing courtyard that has been recently refreshed to become an inviting outdoor retreat. Bathed in morning sunlight, this space is ideal for relaxing with a morning coffee, entertaining guests, or cultivating a garden sanctuary—enhancing the home’s appeal beyond its interiors.

Additional conveniences such as split-system heating and cooling, a built-in European laundry, secure basement parking, and automatic remote gate access support comfortable living and security. These features contribute to an effortless, lock-up-and-leave lifestyle that attracts first home buyers, downsizers, and investors alike.

For investors, the property’s excellent location close to La Trobe University, Northland Shopping Centre, Preston Market, and various cafes, restaurants, and public transport options underpin its potential for steady rental demand. The current lease arrangement, delivering a solid weekly rental income, further reinforces this appeal.

Overall, this unit presents a distinctive opportunity to secure a well-positioned, manageable home that accommodates a variety of lifestyles with minimal upkeep, while capitalizing on Reservoir’s vibrant community facilities and transport links.

Local Market Insights

In Reservoir, Quiet Listings observed 16 new units entering the market over the last 30 days, down from 19 during the previous 30-day period, with an average advertised asking price of $581,313. The property type mix of listed properties is predominantly Houses at 48%, followed by townhouses (24%), and units (23%). The most active agency for units in the Reservoir area is currently Ray White, representing 69% of new listings, followed by Barry Plant with 13%. 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
  • $360,000
  • Vendors Reserve $360,000
Open for Inspections

Upcoming inspection times scheduled in the next 14 days.

5:30 PM - 6:00 PM AEDT
11:00 AM - 11:30 AM AEDT
6:30 PM - 7:00 PM AEDT

This property has had 1 previous open for inspection. Schedules can change at late notice, please confirm times with the selling agent before attending an open home.

Location
Market Insights for Reservoir VIC 3073
New Listings (last 30 days)
16
Average price
$581,313
Lowest price
$360,000
Highest price
$715,000
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