Back 2/50 Lane Cres
Off Market

2/50 Lane Cres

Reservoir VIC 3073

2
1
1
Townhouse
Last sold for $501,000
Daniel GaleaDaniel Galea, last sold this property on 06 November 2020 after 29 days on market.

Overview

First Class Townhouse & Location

Light filled and beaming with extras, this 2 bedroom townhouse will impress first home buyers and investors with its list features and superior location. 1 of 4 dwellings built in 2012, indulge your investment as it boasts high ceilings, split system climate control, stone bench tops complimented with glass splash back, stainless Blanco appliances, ducted vacuum & sweep outlet, alarm security and video surveillance. Upstairs features a premium laminate timber floor that compliments the natural light and both bedrooms are equipped with BIR's and split system units. The open plan living zone flows out to a generous and private courtyard, rarely found in low maintenance living, with easy and secured access to your oversized single car garage finished with an electric panel lift door. Downstairs also benefits with a full size laundry and guest powder room. The location will future proof your investment as it conveniently accesses essential local amenities within a 1km radius. The Broadway shopping strip and all new Reservoir Train station are minutes away and is absolutely ideal for the CBD commuter while Reservoir East Primary School is an easy 650m bike ride. A lazy Sunday or more intense mid week training session will be enjoyed at TW Andrews Reserve, which has recently been upgraded with a premium playground, BBQ facilities, exercise circuit and its very own cycling velodrome. Properties of this calibre are rarely found, inspection a must! PHOTO ID REQUIRED Covid Safe policy applies - please see photo attached or our website. To protect you, our clients and our team we require all attendees at inspections to wear a mask at all times. Please come and see me at one of our offices: 767 High Street Epping, 219 High Street Thomastown, 510 Plenty Road Mill Park, 952 High Street Reservoir Due diligence checklist: http://www.consumer.vic.gov.au/duediligencechecklist Privacy Policy and Privacy Collection Notice: https://rata.harcourts.com.au/Home/Links/Privacy-Policy Material Facts - please refer to the contract of sale and vendor statement for any/all material facts. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Reservoir over the last 12 months, the estimated median property value of 2/50 Lane Cres is $667.5k.

Median value
$667.5k
Estimated value range
$480k - $850k
Median days on market
26
Estimated value trend
5%
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 2/50 Lane Cres

2024
Rented
Undisclosed
Leased on 16 Sep 2024 by Leased & Sold Estate Agents
2024
Rented
Undisclosed
Leased on 16 Sep 2024 by Leased & Sold Estate Agents
2020
Sold
$501,000
Auction Sale on 06 Nov 2020 by Daniel Galea, of Harcourts Rata & Co - Reservoir

Happy sellers in Reservoir

89%
89% 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 93 reviews in Reservoir over the last 12 months.

Local market activity for 2 bedroom townhouses in Reservoir

In the last 12 months, 116 two-bedroom townhouses similar to 2/50 Lane Cres, have been sold.

This represents a 32% increase in two-bedroom townhouses sales when compared to the previous 12 months.

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