Back 1/16 Mason St
Off Market

1/16 Mason St

Reservoir VIC 3073

2
1
1
Unit
Last sold for $718,000
Andrew MontaltoAndrew Montalto, last sold this property on 27 October 2023 after 26 days on market.

Overview

RESERVE PRICE $600,000 - TO BE SOLD ON THE DAY

An ideal approach to appreciating an Oakhill Estate lifestyle, this inviting single level unit enjoys the independence of a corner setting walking distance from Pike Reserve and Preston Primary School. An exceptionally generous central living room forms the focal point of a floor-plan that's complemented by the modern mood and enduring quality of the separate kitchen/meals area. Two double bedrooms, each with built-in robes, share a bathroom featuring a separate bath and shower while a separate laundry and central toilet add considerable convenience. Low-maintenance ease defines the outdoor dimensions and a secure single garage adds a further highlight to a property that will fulfil first home buyer's wishes, delight downsizers or provide pleasing investment returns. Proximity to High Street restaurants, Preston Market, Regent station and Plenty Road trams contribute further success to this ideal address. One of only three.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Reservoir over the last 12 months, the estimated median property value of 1/16 Mason St is $630k.

Median value
$630k
Estimated value range
$158k - $800k
Median days on market
25
Estimated value trend
14%
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 Mason St

2023
Sold
$718,000
Auction Sale on 27 Oct 2023 by Andrew Montalto
2018
Rented
Undisclosed
Leased on 04 Jun 2018 by hockingstuart Preston

Happy sellers in Reservoir

87%
87% 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 111 reviews in Reservoir over the last 12 months.

Local market activity for 2 bedroom units in Reservoir

In the last 12 months, 94 two-bedroom units similar to 1/16 Mason St, have been sold.

This represents a 20% increase in two-bedroom units sales when compared to the previous 12 months.

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