Reservoir
VIC
3073
Zoned for High Residential Growth
Sold 08/07/2019 $1,500,000
Expressions of Interest | Closing Tuesday 23rd July at 5pm | Unless Sold Prior
To be sold together as one. This is a rare and limited opportunity for you to secure this exceptional double development site totalling 1092m2*, in the heart of Reservoir East within walking distance to Summerhill Shopping Centre and Northland Shopping Centre.
Explore the potential of this allotment (Residential Growth Zone – RGZ1) for a variety of development options: Future land banking opportunity to buy and hold in one of Melbourne’s fastest growing suburbs, or subdivide large land holding into Multi-Unit/Townhouses, Multi Unit Terraces or Multi Storey Apartment complex (STCA).
Fantastically positioned in walking distance to public transport (the tram 86 at your door step that runs straight to Melbourne CBD), Reservoir District Secondary College, local Restaurants and Cafes, while only a short drive to Reservoir Train Station, Reservoir Primary and Reservoir High School, Reservoir Leisure Centre, Latrobe University and RMIT.
Combined Land Total: 27.6m* x 39.6m* = 1092m2* .
*Please note all measurements are approximate