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25 Thrower Street, Reservoir VIC 3073

AUCTION: $1,000,000

Search Band Search Visibility Band

$1M - $1.1M Low Confidence Calculated based on limited search observations.

House 2 Beds 2 Baths 2 Cars 196 m²

Listed: 2 days ago

Updated: 6 minutes ago

Overview

This exceptional property at 25 Thrower Street in Reservoir expertly blends the scale and flexibility of industrial space with the comfort and style of quality residential living, catering to a broad spectrum of needs from creative entrepreneurs to investors and business owners seeking a distinctive lifestyle.

Spanning approximately 281 square metres of interior space, the residence includes a spacious ground-floor warehouse area that accommodates large-scale activities or storage. Accompanied by a bathroom and kitchenette, this versatile space supports various uses such as a workshop, studio, or commercial enterprise without compromising everyday domestic living.

Adding further adaptive potential, a mezzanine level serves as an ideal home office or private retreat, maximizing the functionality of the property and delivering a secluded area for focused work or leisure.

The upstairs residential portion provides a thoughtfully designed sanctuary featuring two bedrooms and two bathrooms, complemented by comfortable living areas that emphasize ease and quality of life.

Approximately 196 square metres of residential floor space, distinct from the warehouse area
Two bedrooms and two bathrooms offering ample accommodation options
Two dedicated car parking spaces ensuring convenience for residents and visitors
Flexible industrial-style areas well-suited to business, creative, or storage purposes

Ideal for owner-occupiers seeking a unique home with business capabilities, creatives requiring generous studio space, or investors interested in a property that combines diverse uses, 25 Thrower Street offers a rare and compelling opportunity. Its robust design and versatile floorplan make it an attractive proposition for those valuing both functional workspace and comfortable living.

Local Market Insights

In Reservoir, Quiet Listings observed 34 new houses entering the market over the last 30 days, down from 42 during the previous 30-day period, with an average advertised asking price of $1,000,294. The property type mix of listed properties is predominantly Houses at 44%, followed by units (25%), and townhouses (23%). The most active agency for houses in the Reservoir area is currently Ray White, representing 26% of new listings, followed by Nelson Alexander with 26%. 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.