Back 24 Gertz Avenue
Off Market

24 Gertz Avenue

Reservoir VIC 3073

187 m²
Land
Eddie FakhriEddie Fakhri, last sold this property on 06 February 2026 after 59 days on market.

Overview

Exceptional Development Opportunity

Unlock the potential of this rare vacant land parcel in the heart of the thriving Gertz Avenue precinct. Key Features: Zoned Commercial 1 (C1) ideal for commercial, residential, or mixed-use development (STCA) Land area: approx. 187 m² Fully serviced and rectangular in shape a true "blank canvas" ready for your vision Located within the established and emerging Gertz Avenue Shopping Village Surrounded by residential neighbourhoods, schools, parks, and key amenities Flexible zoning allows for a variety of uses (subject to planning approval) Whether you're a builder, investor, or developer, this is your chance to secure one of the last remaining retail-land opportunities in Reservoir's commercial hub. Bill Schlink First National has taken every precaution to ensure the information contained herein is true and accurate, however, accepts no responsibility and disclaims all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Features

187 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Reservoir over the last 12 months, the estimated median property value of 24 Gertz Avenue is $1.1m.

Median value
$1.1m
Estimated value range
$670k - $1.15m
Median days on market
84
Estimated value trend
33%
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 24 Gertz Avenue

2026
Sold
Undisclosed
Private Sale/Treaty on 06 Feb 2026 by Eddie Fakhri, of Bill Schlink First National
2016
Sold
$311,000
Private Sale/Treaty on 01 Feb 2016 by Robert Ozzimo, of Harcourts Rata & Co - Thomastown/Lalor
2016
Sold
$311,000
Private Sale/Treaty on 01 Feb 2016 by Robert Ozzimo, of Harcourts Rata & Co - Epping/Wollert

Happy sellers in Reservoir

88%
88% 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 115 reviews in Reservoir over the last 12 months.

Local market activity for land plots in Reservoir

In the last 12 months, 5 land plots similar to 24 Gertz Avenue, have been sold.

This represents a 40% increase in land plots sales when compared to the previous 12 months.

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