Set across two side-by-side titles, this impressive parcel of land at 10-12 Nisbett Street spans a remarkable 1,182 square metres (approx.), presenting a rare and highly sought-after opportunity in the heart of Reservoir. In a Residential Growth zone, this site is perfectly positioned for a wide array of future possibilities, from multi-dwelling developments (STCA) to a bespoke new home or long-term investment.
The generous land size and wide 30m+ street frontage makes this an exceptionally versatile block, ideal for developers and builders seeking a well-located project site with excellent potential for high-yield returns. The rectangular layout allows for flexible design options and efficient planning outcomes, further enhanced by the zoning which supports increased density and urban renewal.
Situated in a well-established pocket of Reservoir, the property enjoys close proximity to Northland and Summerhill Shopping Centres, local buses, cafes, restaurants, eateries, schools, and parks. This great location ensures strong appeal for future residents, with seamless access to transport, lifestyle amenities, and major arterials connecting directly to Melbourne's CBD.
Opportunities of this scale and zoning are increasingly hard to come by. Whether you're looking to develop, land bank, or build your dream home, 10-12 Nisbett Street offers a compelling chance to secure a premium piece of real estate in one of Reservoir's most promising growth corridors.
