OFF MARKET - DEVELOPMENT OPPORTUNITY For Sale
Prime Development Site – 650 m² (Residential 1 zone)
Uniquely positioned just ~12 km north of Melbourne CBD, this level parcel of approximately 650 m² is one of the rare, well‑sized lots available in Reservoir
Clear, regular frontage and depth provides flexible redevelopment potential
Existing Dwelling: The single‑storey house currently is a 2‑bedroom house with 2 car spaces, and a granny flat at the rear offering a live‑in or hold‑option while planning
Set within a thriving inner‑north precinct, close to Edwardes Street and Broadway shopping strips, public transport on the Mernda line, and easy access to major arterials and Freeways
Whether you envision a premium single residence, duplex, or multi‑unit townhouses (subject to planning approval), this site is primed for value uplift and delivering high‑density living in a well‑sought suburb.
Why This Site Stands Out
Investment Potential: With a generous lot size above typical standard blocks, there is scope for multi‑dwelling development or major renovation.
Nearby new projects show council support for infill subdivisions and medium‑density housing within the General Residential Zone.
Close to schools, parks, shops, and arterial roads. Location is increasingly attractive to buyers and renters alike.
Ideal for builders, investor developers or luxury townhome projects capitalising on the growth in Reservoir.
Outdoor Features
- Fully Fenced
- Shed
Indoor Features
- Built-in Wardrobes
Location
