Back 47 Howard St
Off Market

47 Howard St

Reservoir VIC 3073

5
2
4
692 m²
House
Last sold for $970,000
George GimelliGeorge Gimelli, last sold this property on 03 September 2025 after 148 days on market.

Overview

Unique Home with Development Potential - 47 Howard Street, Reservoir

Offering a rare combination of space, comfort, and development potential, 47 Howard Street, Reservoir is an exceptional property perfect for large families, investors, or those seeking a unique opportunity in a sought-after location. Set on a generous 693 sqm block, this home features a versatile layout and exciting future possibilities. The property boasts five spacious bedrooms, two living areas, and two kitchens, making it an ideal choice for multi-generational living or dual accommodation. The expansive open-plan living and dining areas provide ample space for family gatherings, while the modern kitchens are equipped with stainless steel appliances and plenty of storage. The home also includes two bathrooms, with the central bathroom offering both a separate shower and bathtub. The low-maintenance, secure yard provides the perfect space for entertaining or future development. The large land size offers outstanding development potential (STCA), providing an exciting opportunity for townhouses, apartments, or a custom-built home. Whether you're looking to invest, renovate, or explore development options, this property holds incredible potential. In terms of location, this home is ideally situated. Just a short stroll from the vibrant Broadway shopping strip, you'll have cafes, eateries, and local shops within easy reach. Reservoir Train Station is only a 10-minute walk away, providing direct access to the city, while the Plenty Road Tram (86) stops nearby for convenient transport options. Located on the fringe of the prestigious Oakhill Estate, this property offers a peaceful and desirable setting, known for its established and high-quality homes. The Reservoir Leisure Centre is also nearby, providing fantastic recreational facilities for the whole family. Additionally, local parks, walking tracks, and recreational facilities are close by, perfect for outdoor activities. Northland Shopping Centre is a short drive away for all your retail and dining needs. With its unique layout, significant land size, and incredible development potential, 47 Howard Street presents a rare opportunity in Reservoir. Whether you're seeking a spacious family home, a sound investment, or a project with significant potential, this property offers it all. Contact us today to arrange an inspection or to discuss the development possibilities!

Features

5 bedrooms
2 bathrooms
4 carspaces
2 open car spaces
2 garage spaces
692 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Reservoir over the last 12 months, the estimated median property value of 47 Howard St is $1.19m.

Median value
$1.19m
Estimated value range
$780k - $1.9m
Median days on market
52
Estimated value trend
-11%
decrease 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 47 Howard St

2025
Rented
Undisclosed
Leased on 15 Dec 2025 by Nelson Alexander Reservoir
2025
Sold
$970,000
Private Sale/Treaty on 03 Sep 2025 by George Gimelli, of Ray White Preston
2022
Rented
Undisclosed
Leased on 04 May 2022 by Ray White Preston

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 114 reviews in Reservoir over the last 12 months.

Local market activity for 5 bedroom houses in Reservoir

In the last 12 months, 18 five-bedroom houses similar to 47 Howard St, have been sold.

This represents a 6% increase in five-bedroom houses sales when compared to the previous 12 months.

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