SOLD BY Morrison Kleeman - Located in the thriving suburb of Reservoir, this large and versatile flat block of approximately 743 sqm offers endless possibilities. The existing weatherboard home is highly liveable, featuring three generous bedrooms, including a large master, a centralised bathroom, a spacious kitchen ideal for family meals, and a sun-drenched lounge that provides plenty of room for relaxing and entertaining.
A long driveway leads to a lock-up garage and additional garden shed, offering ample storage space and potential for a home workshop. The low-maintenance garden, complete with established fruit trees, creates a peaceful setting to enjoy the summer months.
For builders or developers, the property comes with approved plans and permits for three dwellings. These include two three-bedroom homes and one four-bedroom home. Designed for modern living by award-winning C. Kairouz Architects of Thornbury, each dwelling features double car garages, spacious interiors, and clever design elements that meet and exceed the expectations of today’s market.
The home is currently tenanted, providing a steady income stream and flexibility for builders and developers to proceed at their own pace.
This is a rare opportunity to secure a property with potential for both immediate rental returns and long-term development gains.
So whether you plan to buy now and enjoy, build now or build later, this property is not to be missed, schedule an appointment to view today.
