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Overview
Endless Potential on a Generous 1,063m² Allotment
Set on an impressive approximately 1,063 square meter parcel of land, this triple-fronted brick home offers a remarkable opportunity for developers, renovators, investors, or those seeking to build their dream home, subject to council approval. The property is presented in largely original condition and features three well-sized bedrooms, a central bathroom, a separate toilet, and a welcoming entrance hallway that leads to a spacious lounge and a separate dining area.
The functional kitchen includes a generous dining space, complemented by an additional family sunroom that provides extra room for relaxation and leisure. Outside, the property continues to impress with a substantial brick garage capable of accommodating two vehicles, alongside a workshop, storage sheds, and excellent rear access. The wide rear section of the block further enhances its future potential.
Comfort is assured with ducted heating, evaporative cooling, and a classic terracotta tiled roof. The expansive landholding offers endless possibilities to renovate, extend, redevelop, or start anew, subject to council approval. Located in a sought-after Reservoir area close to schools, shops, transport, and parklands, this property represents a rare chance to secure a substantial landholding with exciting prospects for the future.
Additional details include a 10% deposit of the purchase price, a settlement preference of 30 to 60 days, and a rental assessment estimated between $500 and $550 per week.
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.
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
Location
Reservoir VIC 3073
Market Insights for Reservoir VIC 3073
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