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10-12 Nisbett Street,
Reservoir 3073, Victoria
$1,550,000
Property details
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Rare Dual-Title Development Opportunity!
Set across two side-by-side titles, this impressive parcel of land at 10-12 Nisbett Street spans a remarkable 1,182 square metres (approx.), presenting a rare and highly sought-after opportunity in the heart of Reservoir. In a Residential Growth zone, this site is perfectly positioned for a wide array of future possibilities, from multi-dwelling developments (STCA) to a bespoke new home or long-term investment.
The generous land size and wide 30m+ street frontage makes this an exceptionally versatile block, ideal for developers and builders seeking a well-located project site with excellent potential for high-yield returns. The rectangular layout allows for flexible design options and efficient planning outcomes, further enhanced by the zoning which supports increased density and urban renewal.
Situated in a well-established pocket of Reservoir, the property enjoys close proximity to Northland and Summerhill Shopping Centres, local buses, cafes, restaurants, eateries, schools, and parks. This great location ensures strong appeal for future residents, with seamless access to transport, lifestyle amenities, and major arterials connecting directly to Melbourne's CBD.
Opportunities of this scale and zoning are increasingly hard to come by. Whether you're looking to develop, land bank, or build your dream home, 10-12 Nisbett Street offers a compelling chance to secure a premium piece of real estate in one of Reservoir's most promising growth corridors.
The generous land size and wide 30m+ street frontage makes this an exceptionally versatile block, ideal for developers and builders seeking a well-located project site with excellent potential for high-yield returns. The rectangular layout allows for flexible design options and efficient planning outcomes, further enhanced by the zoning which supports increased density and urban renewal.
Situated in a well-established pocket of Reservoir, the property enjoys close proximity to Northland and Summerhill Shopping Centres, local buses, cafes, restaurants, eateries, schools, and parks. This great location ensures strong appeal for future residents, with seamless access to transport, lifestyle amenities, and major arterials connecting directly to Melbourne's CBD.
Opportunities of this scale and zoning are increasingly hard to come by. Whether you're looking to develop, land bank, or build your dream home, 10-12 Nisbett Street offers a compelling chance to secure a premium piece of real estate in one of Reservoir's most promising growth corridors.
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
- East Preston Islamic College Combined Prep-12 Independent 0.67km
- Reservoir High School Secondary 7-12 Government 0.81km
- Preston North East Primary School Primary Prep-6 Government 0.83km
- Reservoir High School-Heidelberg Secondary Teaching Unit Secondary Government 0.84km
- Kingsbury Primary School Primary Prep-6 Government 1.3km
- Our Lady of the Way School Primary Prep-6 Catholic 1.4km
- Reservoir East Primary School Primary Prep-6 Government 1.5km
- Holy Name School Primary Prep-6 Catholic 1.5km
- Charles La Trobe P-12 College-Olympic Village Primary Campus Combined Government 1.6km
- Northern College of the Arts and Technology Secondary 10-12 Government 1.6km
- Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 1.9km
- Charles La Trobe P-12 College Combined Prep-12 Government 2.2km
- Charles La Trobe P-12 College-Deaf Facility Combined Government 2.2km
- Preston Primary School Primary Prep-6 Government 2.2km
- Ivanhoe Grammar School - University Campus Combined Independent 2.3km
- St Monica's College - St Stephen’s/Gaudete Campus Secondary Catholic 2.3km
- St Pius X School Primary Prep-6 Catholic 2.3km
- St Stephen's School Primary Catholic 2.3km
- Rosanna Primary School Primary Prep-6 Government 2.6km
- Preston High School Secondary 7-12 Government 2.9km
- Parade College - Preston Campus Secondary Catholic 3.2km
- Bundoora Secondary College Secondary 7-12 Government 3.2km
- Macleod College Combined Prep-12 Government 3.3km
- Thornbury High School Secondary 7-12 Government 3.3km
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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Contact Ian Dempsey
Contact Ian Dempsey
Ian Dempsey
10-12 Nisbett Street, Reservoir VIC 3073
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Ian Dempsey
10-12 Nisbett Street, Reservoir VIC 3073