Back 58 Nisbett St
Off Market

58 Nisbett St

Reservoir VIC 3073

Land
Isaac KatsouranisIsaac Katsouranis, last sold this property on 22 October 2025 after -8 days on market.

Overview

Dream Development Opportunity in the Heart of Reservoir

Unlock the potential of this rare 1,160sqm (approx.) allotment, spread across two titles, in a highly sought-after Reservoir pocket. Whether you’re an experienced developer, savvy investor, or looking to create your dream project, this is a blank canvas brimming with possibilities. Perfectly positioned close to Edwardes Street shops, schools, transport, parks, and Reservoir Train Station, the site offers exceptional convenience while holding immense long-term value. Opportunities of this scale and location are few and far between, don’t miss your chance to secure one of Reservoir’s most exciting landholdings. Key highlights: Expansive 1,160sqm (approx.) of prime land Two separate titles sold together Zoned for diverse development opportunities (STCA) Surrounded by quality amenities and strong growth potential This is the moment to bring your vision to life in Reservoir.

Features

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 58 Nisbett St is $826.25k.

Median value
$826.25k
Estimated value range
$625k - $1.15m
Median days on market
47
Estimated value trend
0%
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 58 Nisbett St

2025
Sold
Undisclosed
22 Oct 2025 by Isaac Katsouranis, of VICPROP BRUNSWICK
2019
Rented
Undisclosed
Leased on 06 Jun 2019 by Ray White Preston
2018
Rented
Undisclosed
Leased on 12 Feb 2018 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 115 reviews in Reservoir over the last 12 months.

Local market activity for land plots in Reservoir

In the last 12 months, 8 land plots similar to 58 Nisbett St, have been sold.

This represents a 10% increase in land plots sales when compared to the previous 12 months.

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