Unlock the huge potential in this perfect pocket of Reservoir

This well positioned 540 sqm approx. block comes paired with a richly rewarding future. A desirable canvas on which to create a thrilling family masterpiece, the position is also ideal to build a deluxe development (STCA).It is also boasting two three-bedroom homes on the one title, you'd be hard pressed to find a better investment option or home for your entire family in a prized lifestyle pocket.

Line your pockets with two income streams by putting one or both properties up for rent, while the benefits of two separate dwellings means you can live harmoniously with extended family members whilst maintaining a high degree of privacy and independence.

The front single-level unit is generously proportioned with a bright living area on entry, tiled open-plan meals/kitchen area, separate laundry and three spacious bedrooms serviced by a main family bathroom. And with timber flooring throughout, there's scope to enhance the original interior with a contemporary touch.

The rear townhouse, meanwhile, also boasts a spacious three-bedroom, one-bathroom layout with a large carpeted living area (with split-system heating/cooling) and separate open-plan meals/kitchen area (with modern stainless steel appliances) zoned downstairs.

Complete with a generous grassed backyard, plenty of storage space, ample off-street parking, potential to add your own touch and a dream lifestyle location within a short stroll of Regent Village and Edwardes Street shops and cafes, the No.11 tram, Reservoir West Primary School, Edwardes Lake Park, bus services, medical centres and Regent and Reservoir train stations, this red-hot piece of real estate has future-proof investment written all over it!

So be quick to secure this rare opportunity!

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.

Due diligence checklist for home and residential property buyers.

Explore the area

School catchments

Reservoir West Primary School Primary Prep-6 Government 0.39km
SEDA College (Victoria) - J.E Moore Park Campus Secondary Independent 0.41km
St Gabriel's School Primary Prep-6 Catholic 0.97km
Newlands Primary School Primary Prep-6 Government 1.4km
Reservoir Primary School Primary Prep-6 Government 1.5km
St Raphael's School Primary Prep-6 Catholic 1.5km
Preston Primary School Primary Prep-6 Government 1.8km
Preston West Primary School Primary Prep-6 Government 1.9km
Fawkner Primary School Primary Prep-6 Government 1.9km
St Joseph the Worker School Primary Prep-6 Catholic 2.0km
SEDA College (Victoria) - AFL- Preston Secondary Independent 2.3km
St Monica's College - St Stephen’s/Gaudete Campus Secondary Catholic 2.3km
Reservoir East Primary School Primary Prep-6 Government 2.4km
Holy Name School Primary Prep-6 Catholic 2.4km
St Stephen's School Primary Catholic 2.4km
Preston High School Secondary 7-12 Government 2.5km
Darul Ulum College of Victoria Combined Prep-12 Independent 2.6km
William Ruthven Primary School Primary Prep-6 Government 2.8km
Parade College - Preston Campus Secondary Catholic 2.8km
St Mark's School Primary Prep-6 Catholic 2.8km
Bindjiroo Yaluk Community School-The Island Campus Secondary Government 2.8km
John Fawkner Secondary College-Sports Learning Centre Secondary Government 2.8km
John Fawkner Secondary College Secondary 7-12 Government 2.8km
Sydney Road Community School-Coburg Teaching Unit Secondary Government 2.8km
Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 2.8km
Mercy College Secondary 7-12 Catholic 2.9km
William Ruthven Secondary College Secondary 7-12 Government 2.9km
St John's College Preston Combined Prep-12 Independent 2.9km
Coburg High School Secondary 7-12 Government 3.0km

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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