SoldMar 28, 2026

84 Royal Parade, Reservoir, VIC, 3073

Amount undisclosed

2
1
2
650 m²

House

•

25 days on the market

Sold: Mar 28, 2026

What's around 84 Royal Parade

High-Impact Opportunity on a Substantial Block

Set on an impressive allotment of approximately 650m² in one of Reservoir's most well-connected and steadily growing pockets, 84 Royal Parade presents an exceptional opportunity for those looking to secure land with genuine future upside. Whether you are a builder, developer or savvy investor, the scope to redevelop or construct multiple dwellings (STCA) makes this a compelling prospect in a location where demand for quality new homes continues to rise. The existing residence offers the flexibility of holding income or comfortable occupancy while future plans are explored, however the true value lies in the generous land size and the possibilities it presents. With substantial proportions and excellent potential for a multi-unit or townhouse development (STCA), this is a site that allows you to maximise returns in a suburb experiencing consistent growth and buyer demand. Lifestyle appeal further enhances the opportunity. Only moments from the vibrant cafés, shops and everyday conveniences of Broadway & Edwardes Street Village and within easy reach of Reservoir Station for direct CBD access, the location is both practical and highly desirable. Enjoy the open green spaces, walking trails and recreational facilities of Edwardes Lake Park, along with nearby schools, bus services and major arterial roads that provide seamless connectivity to surrounding suburbs. Opportunities to secure approximately 650m² of prime Reservoir land with this level of development flexibility are becoming increasingly rare. Explore the potential to renovate, rebuild or create a thoughtfully designed multi-dwelling project (STCA) and capitalise on a location that continues to go from strength to strength.

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Seller's review

about 2 months ago

Outstanding Agent – Ian Dempsey Delivered Above and Beyond!

We couldn’t be happier with how Ian Dempsey and the team at Ray White handled the sale of our property at 84 Royal Parade, Reservoir. From the very first meeting, Ian showed a deep understanding of the local Reservoir market and a genuine passion for getting the best possible result for us. Ian’s communication was exceptional—always prompt, clear, and honest. He guided us through every step with confidence, from the professional photography and styling advice that made our home look its absolute best, to a well-executed auction campaign that created real competition on the day. The auction on 28 March 2026 was energetic and resulted in a fantastic outcome that exceeded our expectations. What really sets Ian apart is his professionalism combined with his approachable, no-pressure style. He’s a true local expert with years of experience in the Darebin area, and it shows in the way he markets properties and connects with buyers. His background in sales and customer service shines through in every interaction—he made what can be a stressful process feel smooth and positive from start to finish. If you’re thinking of selling in Reservoir or surrounding suburbs, I highly recommend Ian Dempsey at Ray White. He’s a top-tier agent (and deservedly Chairman’s Elite) who genuinely cares about his clients and delivers results. We wouldn’t hesitate to use him again or refer friends and family. Thank you, Ian—you made us proud of our sale!

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Seller

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