RateMyAgentGo to search
Back 28 Erskine Avenue
Active

28 Erskine Avenue

Reservoir VIC 3073

4
1
3
House
Currently for sale - view listing

Overview

Exceptional Value-Add Opportunity

An exciting opportunity awaits at 28 Erskine Avenue, offering excellent future development potential in a well-established and convenient location. Set on a generous allotment, the property previously received approval in 2019 for the construction of two additional dwellings at the rear, while retaining the existing residence. Although the previous approval has now lapsed, the previously approved plans provide valuable insight into the site's potential and may assist future purchasers in exploring similar development possibilities, subject to council approval. The existing home offers immediate rental, holding or renovation potential, making this an ideal opportunity for developers, builders, investors or landbankers seeking a property with strong value-add upside. Key Features: - Previously approved plans for two rear dwellings - Existing residence with rental or holding income potential - Excellent development, investment or landbank opportunity - Generous allotment with strong future potential - Ideal for developers, builders and investors - Convenient location close to local amenities, schools, shops and transport With its previous development approval history and versatile future potential, 28 Erskine Avenue is a rare opportunity for buyers looking to secure a property with genuine upside. The previous planning approval has lapsed. All development potential, plans, permits and future use are subject to council approval and should be independently verified by the purchaser.

Features

4 bedrooms
1 bathroom
3 carspaces
House

Property history for 28 Erskine Avenue

2025
Rented
Undisclosed
Leased on 10 Jun 2025 by APG ESTATE
2023
Rented
Undisclosed
Leased on 04 Dec 2023 by APG ESTATE
2022
Rented
Undisclosed
Leased on 30 Oct 2022 by APG ESTATE

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 109 reviews in Reservoir over the last 12 months.

Local market activity for 4 bedroom houses in Reservoir

In the last 12 months, 108 four-bedroom houses similar to 28 Erskine Avenue, have been sold.

This represents a 24% decrease in four-bedroom houses sales when compared to the previous 12 months.

RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap