SoldAug 23, 2025

2/31 Olive Street, Reservoir, VIC, 3073

$456,000

1
1
1

Unit

•

25 days on the market

Sold: Aug 23, 2025

What's around 2/31 Olive Street

Low-Maintenance Living with Modern Flair

Perfectly positioned in a boutique group of well-maintained residences, this stylishly updated one-bedroom villa offers a comfortable, low-maintenance lifestyle ideal for first home buyers, downsizers, or investors seeking a high-quality addition to their portfolio. Stepping inside, you're greeted by a warm and inviting interior with polished timber floors that extend through a generous open-plan living and dining area. This space is bathed in natural light and effortlessly connects to a well-equipped kitchen, thoughtfully updated with quality appliances, tiled splashback, and ample storage-perfect for daily meals or weekend entertaining. One of the standout features is the cleverly designed study nook, offering a dedicated work-from-home zone without compromising living space. Whether you're working remotely, studying, or in need of a creative corner, this functional addition adds flexibility to the floorplan. The spacious bedroom features built-in robes and leafy outlooks, serviced by a central bathroom with contemporary updates, integrated laundry facilities, and a crisp, neutral colour palette that adds to the home's fresh, move-in-ready appeal. Step outside to a surprisingly spacious, private courtyard-ideal for alfresco dining, weekend BBQs, or simply enjoying a morning coffee in the sun. The outdoor space is low-maintenance, making it a relaxing extension of the home and a rare feature in one-bedroom properties. Other features include a carport directly adjacent to the home, split system heating and cooling, security doors, and a peaceful, community-focused environment within a small complex of similarly cared-for homes. The location is equally impressive: nestled in a well-connected pocket of Reservoir, you'll enjoy easy access to Reservoir Train Station, Edwardes Street shops and cafes, Reservoir Leisure Centre, local parks and green spaces, and the vibrant Reservoir Village. The iconic Edwardes Lake Park is just moments away, providing beautiful open spaces for recreation and relaxation. Whether you're looking for a smart entry into the property market, a comfortable place to downsize, or a set-and-forget investment in one of Reservoir's most convenient locations, this well-appointed home delivers on all fronts.

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