1/58 Marchant AvenueReservoir VIC 3073
Property Details for 1/58 Marchant Ave, Reservoir
1/58 Marchant Ave, Reservoir is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces. The property has a land size of 212m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Townhouse sold in Reservoir in the last 12 months.
Last Listing description (July 2024)
Excellent opportunity available for the home buyer or astute investor to secure this well maintained double storey residence situated in a wonderfully convenient Reservoir neighbourhood just north of Broadway.
This modern townhouse presents an exceptional low-maintenance lifestyle opportunity with its clever design. A generous living/dining area accompanied by a well-appointed kitchen with stone benchtops, soft-close cabinetry and Westinghouse appliances (dishwasher, oven, gas cooktop and rangehood). With an abundance of natural light throughout.
Beyond the bold architectural lines of its distinctive facade, discover a flawless interior comprising three double bedrooms (downstairs master with BIR), together with a stylish ensuite, main central bathroom and guest powder room (third WC). Along with split-system heating and cooling across both levels, this feature-packed home also includes efficient LED lighting, premium Verasol blinds throughout, instantaneous gas hot water service and concealed laundry facilities. Double sliding doors from the living area lead out to a spacious north-facing courtyard and high fences for added privacy, plus a large landscaped front garden (on title) and remote-control garage with internal entry.
A short stroll to Broadway's shopping precinct and popular eateries, it's also close to Reservoir Station and choice of bus routes, as well as easy access to local schools, leisure centre and Darebin Creek parkland.
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Material Facts - please refer to the contract of sale and vendor statement for any/all material facts.
Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.
Property History for 1/58 Marchant Ave, Reservoir, VIC 3073
- 23 Jul 2024Listed for Rent $650 / week
- 06 Jul 2024Sold for $700,000
- 07 Jun 2024Listed for Sale Not Disclosed
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About Reservoir 3073
The size of Reservoir is approximately 18.9 square kilometres. It has 45 parks covering nearly 8.8% of total area. The population of Reservoir in 2011 was 47,636 people. By 2016 the population was 50,455 showing a population growth of 5.9% in the area during that time. The predominant age group in Reservoir is 30-39 years. Households in Reservoir are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Reservoir work in a professional occupation. In 2011, 62.5% of the homes in Reservoir were owner-occupied compared with 59.3% in 2016.
Reservoir has 28,268 properties. Over the last 5 years, Houses in Reservoir have seen a 23.70% increase in median value, while Units have seen a 21.16% increase. As at 31 July 2024:
- The median value for Houses in Reservoir is $922,735 while the median value for Units is $602,707.
- Houses have a median rent of $510 while Units have a median rent of $480.
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