Unique Home with Development Potential - 47 Howard Street, Reservoir

Offering a rare combination of space, comfort, and development potential, 47 Howard Street, Reservoir is an exceptional property perfect for large families, investors, or those seeking a unique opportunity in a sought-after location. Set on a generous 693 sqm block, this home features a versatile layout and exciting future possibilities.

The property boasts five spacious bedrooms, two living areas, and two kitchens, making it an ideal choice for multi-generational living or dual accommodation. The expansive open-plan living and dining areas provide ample space for family gatherings, while the modern kitchens are equipped with stainless steel appliances and plenty of storage. The home also includes two bathrooms, with the central bathroom offering both a separate shower and bathtub. The low-maintenance, secure yard provides the perfect space for entertaining or future development.

The large land size offers outstanding development potential (STCA), providing an exciting opportunity for townhouses, apartments, or a custom-built home. Whether you're looking to invest, renovate, or explore development options, this property holds incredible potential.

In terms of location, this home is ideally situated. Just a short stroll from the vibrant Broadway shopping strip, you'll have cafes, eateries, and local shops within easy reach. Reservoir Train Station is only a 10-minute walk away, providing direct access to the city, while the Plenty Road Tram (86) stops nearby for convenient transport options. Located on the fringe of the prestigious Oakhill Estate, this property offers a peaceful and desirable setting, known for its established and high-quality homes. The Reservoir Leisure Centre is also nearby, providing fantastic recreational facilities for the whole family. Additionally, local parks, walking tracks, and recreational facilities are close by, perfect for outdoor activities. Northland Shopping Centre is a short drive away for all your retail and dining needs.

With its unique layout, significant land size, and incredible development potential, 47 Howard Street presents a rare opportunity in Reservoir. Whether you're seeking a spacious family home, a sound investment, or a project with significant potential, this property offers it all.

Contact us today to arrange an inspection or to discuss the development possibilities!

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

St Gabriel's School Primary Prep-6 Catholic 0.65km
Reservoir East Primary School Primary Prep-6 Government 0.82km
St Monica's College - St Stephen’s/Gaudete Campus Secondary Catholic 1.0km
Reservoir Primary School Primary Prep-6 Government 1.0km
St Stephen's School Primary Catholic 1.1km
Preston Primary School Primary Prep-6 Government 1.2km
Holy Name School Primary Prep-6 Catholic 1.3km
Reservoir High School-Heidelberg Secondary Teaching Unit Secondary Government 1.5km
SEDA College (Victoria) - J.E Moore Park Campus Secondary Independent 1.6km
Reservoir High School Secondary 7-12 Government 1.6km
Reservoir Views Primary School Primary Prep-6 Government 1.8km
Maharishi School of the Age of Enlightenment Primary Prep-6 Independent 1.8km
Reservoir West Primary School Primary Prep-6 Government 1.9km
Our Lady of the Way School Primary Prep-6 Catholic 2.1km
Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 2.1km
Preston North East Primary School Primary Prep-6 Government 2.2km
Kingsbury Primary School Primary Prep-6 Government 2.2km
St Raphael's School Primary Prep-6 Catholic 2.4km
Preston High School Secondary 7-12 Government 2.4km
Preston West Primary School Primary Prep-6 Government 2.5km
SEDA College (Victoria) - AFL- Preston Secondary Independent 2.5km
East Preston Islamic College Combined Prep-12 Independent 2.5km
Northern College of the Arts and Technology Secondary 10-12 Government 2.6km
William Ruthven Secondary College Secondary 7-12 Government 2.8km
Parade College - Preston Campus Secondary Catholic 2.8km
St John's College Preston Combined Prep-12 Independent 3.2km
Charles La Trobe P-12 College-Olympic Village Primary Campus Combined Government 3.5km
Darul Ulum College of Victoria Combined Prep-12 Independent 3.9km
Bindjiroo Yaluk Community School-The Island Campus Secondary Government 4.0km

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.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.