Back 8 Colthur Street
Off Market

8 Colthur Street

Reservoir VIC 3073

3
1
1
591 m²
House
Last sold for $740,000
Peter NeofytouPeter Neofytou, last sold this property on 28 May 2025 after 28 days on market.

Overview

Endless potential in a prime Reservoir location

Nestled in a prized pocket of Reservoir, this original weatherboard gem is bursting with potential and waiting for the right buyer to breathe new life into it. Set on an impressive allotment of approximately 591 square meters, this three-bedroom family home is the perfect starting point for an inspired renovation. The home itself has certainly seen better days, but with solid bones and a generous layout, it's a renovator's dream just waiting to be reimagined. Whether you're looking to roll up your sleeves and restore its classic charm, or envision a bold transformation, the opportunity here is undeniable. For savvy developers, the sizeable land presents an exciting prospect for a potential multi-dwelling redevelopment (STCA), taking full advantage of the growing demand in this vibrant and well-connected suburb. Alternatively, you could choose to start from scratch and build the dream home you've always imaginedtailored exactly to your vision, in a location that delivers on both lifestyle and convenience. Positioned within walking distance of the serene Edwardes Park Lake, Reservoir Bowls Club, and the local little athletics facilities, this location ticks all the boxes for families and active lifestyles. With a welcoming community vibe and all amenities close at hand, this is your chance to secure a property brimming with potential in a location that's only growing in popularity. Whether you're a renovator, developer, or dream home builder, this is an opportunity not to be missed!

Features

3 bedrooms
1 bathroom
1 carspace
591 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Reservoir over the last 12 months, the estimated median property value of 8 Colthur Street is $920k.

Median value
$920k
Estimated value range
$624k - $1.7m
Median days on market
25
Estimated value trend
5%
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 8 Colthur Street

2025
Rented
Undisclosed
Leased on 27 Oct 2025 by Ray White Preston
2025
Sold
$740,000
Private Sale/Treaty on 28 May 2025 by Peter Neofytou, of Nelson Alexander Reservoir

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 3 bedroom houses in Reservoir

In the last 12 months, 291 three-bedroom houses similar to 8 Colthur Street, have been sold.

This represents a 17% increase in three-bedroom houses sales when compared to the previous 12 months.

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