Phenomenal potential with 650 sqm of possibilities

Located in the in-demand locale of central Reservoir, this original weatherboard home is situated on an incredible regular level allotment of 650 sqm (approx.), complimented with a street frontage of 15.24m (approx.) with a myriad of opportunities to renovate, extend, re-develop or subdivide (STCA). Appealing to first homebuyers, growing families and astute investors looking to capitalise in one of Melbourne's hottest suburbs.

Featuring 3 bedrooms, spacious living room, central bathroom along with 2 toilets and separate laundry, which is also equipped with space wall heaters. The bright kitchen adjacent to the meals area overlooks the low maintenance rear yard, garden shed and wide driveway offering plentiful off-street parking. The presentable home attracts a strong rental income, which will pay its way whilst you put plans to paper for a future dream home or multi-townhouse development.

In a highly sought after lifestyle precinct, this neat and tidy abode is within walking distance to St. Stephen's Primary school, Broadway shopping strip, Reservoir Leisure Centre, both Ruthven and Reservoir train stations and bus services and only moments away from Edwardes Lake Park, the Darebin Creek Trail, Reservoir High School, La Trobe and RMIT University, Preston Market, Summerhill Village Centre, Northland Shopping Centre and Metropolitan Ring Road.

A rare offering not to be missed!

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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Explore the area

School catchments

St Monica's College - St Stephen’s/Gaudete Campus Secondary Catholic 0.13km
St Stephen's School Primary Catholic 0.18km
Reservoir Views Primary School Primary Prep-6 Government 0.88km
Maharishi School of the Age of Enlightenment Primary Prep-6 Independent 0.91km
Reservoir Primary School Primary Prep-6 Government 0.94km
Reservoir East Primary School Primary Prep-6 Government 1.0km
St Gabriel's School Primary Prep-6 Catholic 1.3km
Reservoir High School-Heidelberg Secondary Teaching Unit Secondary Government 1.5km
Reservoir High School Secondary 7-12 Government 1.6km
Our Lady of the Way School Primary Prep-6 Catholic 1.6km
Kingsbury Primary School Primary Prep-6 Government 1.8km
Holy Name School Primary Prep-6 Catholic 2.0km
SEDA College (Victoria) - J.E Moore Park Campus Secondary Independent 2.1km
Preston Primary School Primary Prep-6 Government 2.1km
William Ruthven Primary School Primary Prep-6 Government 2.2km
William Ruthven Secondary College Secondary 7-12 Government 2.3km
St Joseph the Worker School Primary Prep-6 Catholic 2.4km
Reservoir West Primary School Primary Prep-6 Government 2.6km
Preston North East Primary School Primary Prep-6 Government 2.6km
East Preston Islamic College Combined Prep-12 Independent 2.8km
Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 2.8km
Northern College of the Arts and Technology Secondary 10-12 Government 3.2km
Preston High School Secondary 7-12 Government 3.3km
SEDA College (Victoria) - AFL- Preston Secondary Independent 3.4km
Parade College - Preston Campus Secondary Catholic 3.7km
Northside Christian College Combined Prep-12 Independent 3.8km
Charles La Trobe P-12 College-Olympic Village Primary Campus Combined Government 3.8km
Bundoora Secondary College Secondary 7-12 Government 3.9km
Thomastown Secondary College Secondary 7-12 Government 3.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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