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112 Cheddar Road

Reservoir VIC 3073

4
1
2
523 m²
House
Currently for sale - view listing

Overview

SPACE, LAND & ENDLESS POTENTIAL IN A SOUGHT-AFTER RESERVOIR LOCATION !!

Positioned in a highly sought-after pocket of Reservoir, just moments from Keon Park Train Station and Mahoneys Road, this original 4-bedroom residence presents an exciting opportunity for homeowners, renovators, investors, builders and developers looking to secure a substantial parcel of land with genuine potential. Set on a generous 523m² allotment*, the property offers something increasingly difficult to find - space, a large backyard and multiple possibilities for the future. The existing home provides 4 bedrooms, 1 bathroom and 2 car spaces, while the expansive backyard features established fruit trees, gardens and a substantial shed/storage area, creating plenty of room for families, tradies, hobbyists or those looking for additional storage. What Makes This Property Special: 523m² generous allotment* Original 4-bedroom residence 1 bathroom 2 car spaces Previously rented and ready for its next chapter Large backyard with established fruit trees and gardens Substantial shed/storage Excellent frontage and convenient location Potential to renovate and add value Potential to rebuild your dream family home Potential redevelopment opportunity (STCA) Potential for additional accommodation or self-contained living (STCA) Attractive proposition for builders, developers and astute investors ÃÆ'°Ãƒ…¸Ãƒ…¡€ Explore the Possibilities The real appeal lies in the land, location and flexibility. Renovate the existing residence and create a comfortable family home, undertake a complete rebuild, or explore the potential for future redevelopment, subject to planning requirements and council approval (STCA). Depending on applicable zoning, planning controls and approvals, purchasers may also wish to investigate other potential uses or development concepts. All proposed uses, including any medical, consulting, childcare, additional dwelling or multi-unit development, are subject to zoning, permits, planning controls and relevant council approvals. Whether you're searching for your next family project, an investment with upside, a development site, or simply a property with room to grow, 112 Cheddar Road offers a rare combination of land, location and opportunity. Opportunities offering this level of space and flexibility are increasingly difficult to find in Reservoir. Inspect today and discover the possibilities for yourself. *Approximate land size. Development potential and any future use are subject to all relevant planning controls, zoning requirements, permits, approvals and council requirements (STCA). Due diligence checklist:\ Consumer Affairs Victoria - Due Diligence Checklist This document has been prepared solely for the purpose of marketing this property. While all care has been taken to ensure the information provided is accurate, we do not accept responsibility for any inaccuracies. Interested parties should make their own enquiries and obtain independent advice to verify all information

Features

4 bedrooms
1 bathroom
2 carspaces
2 garage spaces
523 m² lot size
House

Property history for 112 Cheddar Road

2023
Sold
$592,500
Private Sale/Treaty on 19 Jan 2023 by Robert Ozzimo, of Harcourts Rata & Co - Reservoir

Happy sellers in Reservoir

90%
90% 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 90 reviews in Reservoir over the last 12 months.

Local market activity for 4 bedroom houses in Reservoir

In the last 12 months, 113 four-bedroom houses similar to 112 Cheddar Road, have been sold.

This represents a 6% decrease in four-bedroom houses sales when compared to the previous 12 months.

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