Back 41 George Street
Off Market

41 George Street

Reservoir VIC 3073

571.3 m²
Land
Last sold for $1,100,000
Keb NguyenKeb Nguyen, last sold this property on 19 October 2025 after -38 days on market.

Overview

Rare Development Opportunity in Prime Reservoir Pocket - Approved Plans Ready to Go

Positioned in a highly sought-after Reservoir location, this vacant 571sqm (approx.) parcel of land presents a rare and exciting opportunity for developers, investors or owner-builders. Complete with endorsed plans and permits, this shovel-ready site is primed for the construction of two large, luxury side-by-side townhouses. Architecturally designed for modern family living, each double-storey residence showcases: - A master suite with a spacious ensuite and his & hers walk-in robes - Two additional bedrooms, each with walk-in robes - A dedicated study and an upstairs retreat - Expansive open-plan kitchen, living and dining zones on the ground floor - A walk-in pantry, full-sized laundry, remote lock-up garage, and an alfresco decked dining area Designed for contemporary comfort with an intelligent floorplan, these homes promise luxurious low-maintenance living in a location that has it all. Perfectly positioned close to Reservoir Station, Edwards Lake Park, local cafes, schools, Edwardes Street and Broadway shopping strips, plus easy access to the Coburg Hill precinct and transport options. Don't miss your chance to secure this premier development site in one of Reservoir's most tightly held pockets. Endorsed Plans and Permits Available Upon Request.

Features

571.3 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 41 George Street 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 41 George Street

2025
Sold
$1,100,000
19 Oct 2025 by Keb Nguyen, of Ray White Reservoir
2024
Sold
Undisclosed
05 Dec 2024 by Christine Constantinou, of Barry Plant Thomastown

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 113 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 41 George Street, have been sold.

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

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