Back 1/16 Cheddar Rd
Off Market

1/16 Cheddar Rd

Reservoir VIC 3073

3
2
1
0 m²
Townhouse
Last sold for $586,000
Gino VernucciGino Vernucci, last sold this property on 22 May 2019 after 50 days on market.

Overview

Sophisticated living

Brilliantly positioned in the centre of Reservoir, nestles a sophisticated three bedroom townhouse that is light filled throughout the home. Showcasing quality fixtures and fittings at every corner with a free flowing floorplan, that makes living so easy. Upon entrance you will find spacious open plan living zones. With the living/lounge area, dining area and a glamorous kitchen that boasts stone bench tops and quality stainless steel appliances. Also featuring on the first floor a master bedroom with en-suite a massive walk in robe, large laundry, ample storage through-out, powder room and a low maintenance outdoor area that will have you entertaining all year round. As you walk up the staircase you will find two luxurious bedrooms that both offer built in robes, modern centre bathroom and separate toilet. Other outstanding features include a beautifully landscaped front yard, hardwood flooring, dishwasher, cooling and heating, undercover entertaining area, three toilets, water tank, secure garage and so much more. This home is perfect for the growing family with a busy lifestyle, savvy investors and first home buyers. Conveniently located within walking distance to Reservoir Station, Broadway Shops, Reservoir Leisure Centre, Plenty Road Trams, La Trobe University, High Street Cafes, multiple primary schools and an easy commute to CBD. An inspection is a must!

Features

3 bedrooms
2 bathrooms
1 carspace
0 m² lot size
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Reservoir over the last 12 months, the estimated median property value of 1/16 Cheddar Rd is $810k.

Median value
$810k
Estimated value range
$640k - $1.13m
Median days on market
25
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Reservoir. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/16 Cheddar Rd

2022
Rented
Undisclosed
Leased on 08 Sep 2022 by Harcourts Rata & Co - Thomastown/Lalor
2019
Rented
Undisclosed
Leased on 26 Aug 2019 by Harcourts Rata & Co - Thomastown/Lalor
2019
Sold
$586,000
22 May 2019 by Gino Vernucci, of OBrien Real Estate Preston Reservoir

Happy sellers in Reservoir

88%
88% of sellers in Reservoir reported that their sale price either exceeded or met their price expectations.

Reservoir stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 113 reviews in Reservoir over the last 12 months.

Local market activity for 3 bedroom townhouses in Reservoir

In the last 12 months, 117 three-bedroom townhouses similar to 1/16 Cheddar Rd, have been sold.

This represents a 15% increase in three-bedroom townhouses sales when compared to the previous 12 months.

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