123 Reeve St

Sale VIC 3850

0 m²

1011 m²

House

Last sold for $550,000

Christine Gordyn, last sold this property on 18 March 2026 after 55 days on market.

Overview

Prime Central Sale Opportunity with Immediate Development Appeal

Offering outstanding future potential in one of Sale's most tightly held central pockets, this charming home situated on a 1011M2 (approx.) allotment presents a rare opportunity for buyers seeking location and long-term upside. With concept plans already prepared for two units (STCA), the scale and positioning of this property set it apart — all just a short stroll from the heart of the Sale CBD, public transport and schools. Beyond the development appeal, the existing home is comfortable, welcoming and combines character. with modern updates. Set behind an inviting front façade with established gardens and trees, the interior showcases polished timber floors, high ceilings and neutral tones throughout. A flexible floorplan includes a generous living room filled with natural light, complemented by reverse-cycle air conditioning, a ceiling fan, a cosy wood heater, and solar panels to help reduce ongoing energy costs, ensuring comfort year-round. The practical kitchen offers ample storage, a gas upright cooker and a breakfast bench, flowing seamlessly to the adjoining dining space. Accommodation includes three good-sized bedrooms, a study adjoining one — ideal for working from home or additional flexibility. The updated central bathroom features shower, vanity and toilet, supported by a separate laundry and a convenient second toilet. Externally, vehicle access is excellent via a long concrete driveway leading to a substantial 18.0 x 6.0 powered garage, additional rooms ideal for a studio or hobby space, plus multiple carports. Whether you're an investor, developer, or owner-occupier seeking a central Sale address with genuine future potential, this is a standout opportunity . For Sale by Auction Saturday 21st February 2026 at 11:00am – On Site For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Features

3 bedrooms

1 bathroom

8 carspaces

2 carport spaces

6 garage spaces

0 m² floor area

1011 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Sale over the last 12 months, the estimated median property value of 123 Reeve St is $431k.

Median value

$431k

Estimated value range

$250k - $835k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Sale. 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 123 Reeve St

2026

Sold

$550,000

18 Mar 2026 by Christine Gordyn, of Wellington Real Estate Sale & Stratford

2018

Rented

Undisclosed

Leased on 20 Mar 2018 by Heart Property

2017

Sold

$270,000

27 Sep 2017 by David Wheeler, of Heart Property

Happy sellers in Sale

We have insufficient information to provide an overview of customer satisfaction for Sale. Viewing the agent profiles, reviews and sales for Sale can provide insights for this location.