SOLD $812,000 BY DOMENIC TORZILLO

Character Home on Expansive Land with Approved Development Plans

Set on a large parcel of land measuring 684 m² approx., 22 Winter Crescent presents a remarkable opportunity for a wide range of buyers. Whether you're looking to secure a family home, make a sound investment, or embark on a development project, this property has all the elements for success. Located in one of Reservoir's most sought-after pockets, moments away from schools, shops, cafes, and restaurants, this home offers both character and potential.

The existing three bedroom, one bathroom home is brimming with charm. Timber boards run throughout the house, giving it a classic feel, while the updated bathroom and kitchen provide a fresh, modern touch. The open and functional layout ensures comfortable living for families or tenants, with plenty of natural light flowing through the home.

One of the standout features of this property is the size of the block. With a generous 684 m² of land, there is ample space for outdoor activities, gardening, or future development. In fact, the property comes with approved plans and permits for the construction of a three bedroom, two bathroom townhouse at the rear, making this an ideal option for developers or those looking to add value. The potential to generate rental income from a second dwelling, or accommodate extended family members, further enhances the appeal.

The location of 22 Winter Crescent is another key selling point. Positioned in a thriving part of Reservoir, you'll enjoy easy access to all the local amenities. Quality schools are just a short walk or drive away, making it an ideal location for families. Meanwhile, the vibrant local shopping precinct, complete with trendy cafes and restaurants, ensures that everything you need is right at your fingertips. With excellent transport links and proximity to parks and recreational facilities, this address offers convenience and lifestyle in equal measure.

Whether you're a homebuyer searching for the perfect place to settle down, an investor looking for a high-growth area, or a developer eager to take advantage of the existing plans and permits, 22 Winter Crescent is a property that ticks all the boxes. Its combination of character, potential, and prime location make it an exceptional opportunity in Reservoir's booming market.

Don't miss out on securing this versatile property. Contact us today to arrange an inspection and explore the possibilities that await at 22 Winter Crescent.

Land size: 684m2 approx.
Deposit: 10% of the purchase price
Settlement: 30/60 days
Rental assessment: $500-$550 per week

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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School catchments

Reservoir High School-Heidelberg Secondary Teaching Unit Secondary Government 0.39km
Reservoir High School Secondary 7-12 Government 0.40km
Reservoir East Primary School Primary Prep-6 Government 0.62km
Our Lady of the Way School Primary Prep-6 Catholic 0.78km
Kingsbury Primary School Primary Prep-6 Government 0.88km
St Monica's College - St Stephen’s/Gaudete Campus Secondary Catholic 1.1km
St Stephen's School Primary Catholic 1.1km
Holy Name School Primary Prep-6 Catholic 1.5km
Reservoir Views Primary School Primary Prep-6 Government 1.6km
Preston North East Primary School Primary Prep-6 Government 1.7km
East Preston Islamic College Combined Prep-12 Independent 1.8km
Maharishi School of the Age of Enlightenment Primary Prep-6 Independent 1.8km
St Gabriel's School Primary Prep-6 Catholic 2.0km
Preston Primary School Primary Prep-6 Government 2.0km
Reservoir Primary School Primary Prep-6 Government 2.1km
Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 2.3km
Northern College of the Arts and Technology Secondary 10-12 Government 2.4km
Charles La Trobe P-12 College-Olympic Village Primary Campus Combined Government 2.7km
Ivanhoe Grammar School - University Campus Combined Independent 2.9km
SEDA College (Victoria) - J.E Moore Park Campus Secondary Independent 2.9km
Charles La Trobe P-12 College Combined Prep-12 Government 3.0km
Charles La Trobe P-12 College-Deaf Facility Combined Government 3.0km
Preston High School Secondary 7-12 Government 3.1km
Bundoora Secondary College Secondary 7-12 Government 3.2km
SEDA College (Victoria) - AFL- Preston Secondary Independent 3.4km
William Ruthven Secondary College Secondary 7-12 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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