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House in Reservoir
Incredible opportunity with glowing future prospects
- 3 Beds
- 1 Bath
- 4 Cars
Backing onto CH Sullivan Memorial Park in a thriving Reservoir neighbourhood with Residential Growth Zoning (RGZ3), this sizeable allotment (approx 647sqm) comes with a 3 bed home to match for any investment, home buying or future development purposes. This immaculate owner occupied home provides a blue chip investment opportunity for those who are seeking the best possible returns in the future.
Ideally positioned, this premium spot is clearly ready for its next phase close to Summerhill shopping centre , walking distance to Northland Sc, Metres away from Preston North East Primary school and 2 mins drive to other secondary schools. Along with this the recreation facilities are just at the rear with the clearly marked biking trails & acres of parkland expanses with a city view to match the proposition.
With incredible future prospects & rewarding north facing aspect the current home provides for a functional space including a living room, separate kitchen/meals area, bathroom and 3 sizeable bedrooms. These spaces plus the presence of convenient car parking suggest optimal option for designing a spectacular new residence or for pursuing re-development ideas(STCA).
Note: Current rental yield for existing home is between $350-$380 per week.
DUE TO GOVERNMENT RESTRICTIONS, YOU MUST BE REGISTERED TO ATTEND INSPECTIONS, PLEASE CONTACT THE SELLING AGENT TO REGISTER PRIOR TO ATTENDING!
648m² / 0.16 acres
2 carport spaces and 2 off street parks
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