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5 Caddy Court,
Reservoir 3073, Victoria

3 bedrooms
1 bathroom
3 car spaces
620m² land size
House

$751,000


Property details

620sqm Of Potential On The Preston Fringe

Exuding blank canvas appeal with future rewards on the horizon, be inspired to explore a number of life-changing opportunities with this potential-rich three-bedroom home on the Preston fringe.

Set on a large 620sqm (approx.) block, a first-class multi-dwelling development opportunity presents itself to builders (STCA), and when you consider the fact that bus services, the No.86 tram, the Darebin Creek Trail, Northland and Summerhill shopping centres and Preston North East Primary School are within easy walking distance, the young family will also be tempted to build their dream family home and live in the neighbourhood themselves (STCA)!

The existing single-level home enjoys neat and tidy presentation and can be leased out while awaiting plans and permits approval, however there's also scope to move in and update the bright interior featuring a carpeted living area with split-system heating/cooling, separate kitchen, bright bathroom, ducted heating, large enclosed outdoor entertaining area and a huge grassed backyard with established gardens and two large sheds.

Whatever your vision is for this potential-packed property, it's destined to lead to future success!

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

  • Preston North East Primary School Primary Prep-6 Government 0.54km
  • East Preston Islamic College Combined Prep-12 Independent 0.55km
  • Holy Name School Primary Prep-6 Catholic 1.2km
  • Reservoir East Primary School Primary Prep-6 Government 1.3km
  • Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 1.5km

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.


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