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18 Banff Street

Reservoir VIC 3073

3
1
2
1063 m²
House
Currently for sale - view listing

Overview

Endless Potential on a Generous 1,063m² Allotment

Set on an impressive 1,063m² (approx.) parcel of land, this triple-fronted brick home presents an outstanding opportunity for developers, renovators, investors, or those looking to build their dream home (STCA). Offered in largely original condition, the home comprises three well-proportioned bedrooms, a central bathroom, separate toilet, and a welcoming entrance hallway leading to a spacious lounge and separate dining area. The functional kitchen incorporates a generous dining area, while an additional family sunroom provides extra room to relax and unwind. Outside, the possibilities continue with a substantial brick garage that easily accommodates two vehicles, along with a workshop, storage sheds, and excellent rear access. The block's wide rear section further enhances its future potential. Comfort is ensured with ducted heating, evaporative cooling, and a classic terracotta tiled roof, while the expansive landholding offers endless scope to renovate, extend, redevelop, or start anew (STCA).Positioned in a sought-after Reservoir location close to schools, shops, transport, and parklands, this is a rare opportunity to secure a substantial landholding with exciting prospects for the future. Land size: 1063m2 Deposit: 10% of the purchase price Settlement preference: 30/60 days Rental assessment: $500-$550 per week

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
1063 m² lot size
House

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 110 reviews in Reservoir over the last 12 months.

Local market activity for 3 bedroom houses in Reservoir

In the last 12 months, 283 three-bedroom houses similar to 18 Banff Street, have been sold.

This represents a 16% increase in three-bedroom houses sales when compared to the previous 12 months.

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