Endless Opportunity on 636sqm in a Connected Reservoir Pocket

Perfectly positioned in a well-connected and highly sought-after pocket of Reservoir, 47 Lane Crescent presents an outstanding opportunity for home buyers, investors and developers alike. Located within a short distance to Broadway's vibrant cafés and shops, Reservoir Station and the 86 tram, this address offers everyday convenience with exceptional long-term potential.

Set on a substantial 636sqm (approx.) allotment, the home itself is move-in ready and filled with warmth and character. Inside, you will find three spacious bedrooms serviced by a central bathroom, along with a stunning living area enhanced by beautiful features that create a welcoming focal point. Hardwood floors flow throughout, adding timeless appeal, while split system heating and cooling ensure year-round comfort. A full-size laundry further enhances functionality for families and tenants alike.

Outdoors, the property continues to impress with a double garage and additional off-street parking, providing ample space for multiple vehicles, trades, trailers or recreational equipment. The generous backyard further enhances the appeal, offering plenty of room for entertaining, future extensions or redevelopment.

For home buyers, this is a property that offers immediate comfort with the flexibility to update, extend or personalise over time. For investors and developers, the expansive landholding presents exciting scope for future development or multi-dwelling potential (STCA). Whether you are looking to land bank, build new or capitalise on a high-growth location, this is an opportunity not to be overlooked.

In a location that continues to thrive thanks to its transport links, lifestyle amenities and strong community appeal, 47 Lane Crescent is a smart move today with rewarding potential for tomorrow.

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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Explore the area

School catchments

St Monica's College - St Stephen’s/Gaudete Campus Secondary Catholic 0.16km
St Stephen's School Primary Catholic 0.21km
Reservoir East Primary School Primary Prep-6 Government 0.88km
Reservoir Views Primary School Primary Prep-6 Government 0.93km
Maharishi School of the Age of Enlightenment Primary Prep-6 Independent 1.0km
Reservoir Primary School Primary Prep-6 Government 1.1km
St Gabriel's School Primary Prep-6 Catholic 1.3km
Reservoir High School-Heidelberg Secondary Teaching Unit Secondary Government 1.4km
Reservoir High School Secondary 7-12 Government 1.4km
Our Lady of the Way School Primary Prep-6 Catholic 1.5km
Kingsbury Primary School Primary Prep-6 Government 1.7km
Holy Name School Primary Prep-6 Catholic 1.9km
Preston Primary School Primary Prep-6 Government 2.1km
SEDA College (Victoria) - J.E Moore Park Campus Secondary Independent 2.1km
William Ruthven Primary School Primary Prep-6 Government 2.3km
William Ruthven Secondary College Secondary 7-12 Government 2.4km
Preston North East Primary School Primary Prep-6 Government 2.5km
St Joseph the Worker School Primary Prep-6 Catholic 2.6km
Reservoir West Primary School Primary Prep-6 Government 2.7km
East Preston Islamic College Combined Prep-12 Independent 2.7km
Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 2.7km
Northern College of the Arts and Technology Secondary 10-12 Government 3.0km
Preston High School Secondary 7-12 Government 3.3km
SEDA College (Victoria) - AFL- Preston Secondary Independent 3.4km
Parade College - Preston Campus Secondary Catholic 3.6km
Charles La Trobe P-12 College-Olympic Village Primary Campus Combined Government 3.7km
Northside Christian College Combined Prep-12 Independent 3.8km
Ivanhoe Grammar School - University Campus Combined Independent 3.8km
Bundoora Secondary College Secondary 7-12 Government 3.8km

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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