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For sale

45 Burbank Drive,
Reservoir 3073, Victoria

4 bedrooms
2 bathrooms
2 car spaces
House

$800,000 - $880,000

Property Price Statement

Property details

Unbeatable Development Opportunity in Reservoir: Approved Plans for 3 Townhouses!

Positioned in a highly sought-after Reservoir, this premium 730 m² allotment offers developers and astute investors a rare, turn-key advantage.

With approved plans and permits already in place for three sleek, contemporary townhouses, the costly prep work and planning uncertainties have been eliminated, which allows you to fast-track your next project.

The existing residence offers immediate holding income while you prepare for construction, featuring a comfortable three-bedroom layout complete with a formal lounge, a central bathroom, and a neat kitchen with an adjoining meals area.

Commuting is effortless with Reservoir and Regent train stations plus local bus routes just moments away, while vibrant shopping strips, local cafes, and popular parklands are all within easy reach.

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.

Inspections

Explore the area

School catchments

  • Reservoir Views Primary School Primary Prep-6 Government 0.68km
  • Maharishi School of the Age of Enlightenment Primary Prep-6 Independent 0.71km
  • St Stephen's School Primary Catholic 1.4km
  • Norris Bank Primary School Primary Prep-6 Government 1.7km
  • Our Lady of the Way School Primary Prep-6 Catholic 2.0km

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.

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