Move In And Renovate, Rent It Out Or Redevelop!

Blossoming with potential on a large 692sqm (approx.) block, an opportunity of a lifetime best describes this value-packed home in an unbeatable lifestyle location.

Located within short walking distance of Reservoir train station, bus services along Spring Street, St Gabriel's Primary School, Reservoir Village shops and cafes and Crispe Reserve, in addition to being within quick and easy reach of Edwardes Lake Park, Regent Village and Preston Market, the astute buyer can extract maximum value from the block and build a collection of luxury townhouses (STCA).

Perfectly liveable (or lettable!) as is with loads of character, the existing three-bedroom brick veneer home enjoys neat and tidy original presentation whilst displaying the charm of a bygone era, along with elegant formal living and dining rooms, relaxed family living, spacious family-sized kitchen, fresh family bathroom, high ceilings, split-system heating/cooling, plenty of off-street parking and a huge grassed backyard with a garden shed and fenced-off area for a large vegetable garden. It's therefore also an attractive option for the young couple keen to move in and make their mark with a stylish upgrade. And as the household grows, there's no reason why you couldn't capitalise on the large backyard by extending the existing residence or building an additional dwelling to lease or sell (STCA).

What an 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.

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Explore the area

School catchments

St Gabriel's School Primary Prep-6 Catholic 0.28km
SEDA College (Victoria) - J.E Moore Park Campus Secondary Independent 0.92km
Reservoir Primary School Primary Prep-6 Government 1.0km
Reservoir West Primary School Primary Prep-6 Government 1.2km
Preston Primary School Primary Prep-6 Government 1.2km
Reservoir East Primary School Primary Prep-6 Government 1.5km
St Monica's College - St Stephen’s/Gaudete Campus Secondary Catholic 1.6km
St Stephen's School Primary Catholic 1.6km
Holy Name School Primary Prep-6 Catholic 1.7km
St Raphael's School Primary Prep-6 Catholic 1.8km
Newlands Primary School Primary Prep-6 Government 2.0km
Preston West Primary School Primary Prep-6 Government 2.0km
Reservoir High School-Heidelberg Secondary Teaching Unit Secondary Government 2.2km
Maharishi School of the Age of Enlightenment Primary Prep-6 Independent 2.2km
SEDA College (Victoria) - AFL- Preston Secondary Independent 2.2km
Reservoir High School Secondary 7-12 Government 2.3km
St Joseph the Worker School Primary Prep-6 Catholic 2.3km
Preston High School Secondary 7-12 Government 2.3km
Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 2.3km
Reservoir Views Primary School Primary Prep-6 Government 2.3km
Parade College - Preston Campus Secondary Catholic 2.6km
William Ruthven Primary School Primary Prep-6 Government 2.7km
William Ruthven Secondary College Secondary 7-12 Government 2.8km
Northern College of the Arts and Technology Secondary 10-12 Government 2.9km
St John's College Preston Combined Prep-12 Independent 2.9km
East Preston Islamic College Combined Prep-12 Independent 3.0km
Bindjiroo Yaluk Community School-The Island Campus Secondary Government 3.3km
Darul Ulum College of Victoria Combined Prep-12 Independent 3.4km
Sydney Road Community School-Coburg Teaching Unit Secondary Government 3.4km

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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