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12 Johnson Street,
Reservoir 3073, Victoria

3 bedrooms
2 bathrooms
2 car spaces
806m² land size
House

$870,000

Property details

Prime Development Opportunity in a Sought After Location

Set in one of the area's most sought after pockets, this property presents an exceptional opportunity for buyers with vision. The existing home, while tired, sits proudly on a generous and level block, offering enormous potential to renovate, rebuild, or redevelop. It's the perfect site for those looking to capitalise on a premium address surrounded by quality homes and ever growing demand.

The true value here lies in the land and location. With a wide frontage and excellent orientation, this property provides a blank canvas for a luxury new residence or multi dwelling project. Developers, investors, and renovators alike will recognise the possibilities to create something truly special in this thriving neighbourhood.

Convenience is at the heart of this address. You're just moments from a vibrant mix of local shops, cafes, restaurants, and essential amenities. Public transport is close by, providing easy access to surrounding suburbs and the city, while reputable schools and leafy parks are all within walking distance. Everything you need for modern living is right at your doorstep.

This is a rare chance to secure a property that combines location, lifestyle, and potential in equal measure. Whether you're seeking a rewarding development site or the perfect block to build your dream home, this opportunity should not be missed. Bring your imagination and see the possibilities that await.

An older home with a bright future, ready for the next chapter and brimming with promise for those ready to make their mark.

Inspect today and explore the endless potential this prime address has to offer.

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

  • Maharishi School of the Age of Enlightenment Primary Prep-6 Independent 0.80km
  • William Ruthven Primary School Primary Prep-6 Government 0.91km
  • Reservoir Views Primary School Primary Prep-6 Government 1.1km
  • Reservoir Primary School Primary Prep-6 Government 1.2km
  • St Stephen's School Primary Catholic 1.3km

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.

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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