FOR SALE
AUCTION Sat 21 Dec 10:45am

1/5 Ashley Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Close To All Amenities in The Heart of Reservoir

Welcome to 1/5 Ashley Street, Reservoir, this contemporary two-bedroom townhouse boasts style and convenience at your doorstep.
The ground level features a modern bathroom that comfortably services two bedrooms, each equipped with heating, the main bedroom featuring a walk-in robe and the other a built-in robe. Including, beautiful high ceilings, warm timber floorboards, European laundry and a secure single garage with internal access.
Journey upstairs to the first floor featuring an open plan living area (with a sleek kitchen equipped with stone benchtops and stainless-steel appliances) which captures the sparkling lights of Melbourne CBD in the distance. Furthermore, additional features include a separate powder room, dishwasher, split system air conditioning and a stunning balcony to enjoy your morning coffee with a view.
Only a short drive away from High Street strip, Reservoir train station, Gilbert Road trams, Preston Market, Northland Shopping Centre, local schools, and Edwardes Lake within walking distance.
Ideal for investors and first home buyers. Don't miss this amazing opportunity and inspect the property today!
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Due diligence checklist - consumer.vic.gov.au/duediligencechecklist
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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.
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Property Details for 1/5 Ashley St, Reservoir

1/5 Ashley St, Reservoir is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. The place is currently for sale with Harcourts Rata & Co.

Building Type
Townhouse

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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 28,581 properties. Over the last 5 years, Houses in Reservoir have seen a 18.33% increase in median value, while Units have seen a 18.50% increase. As at 31 October 2024:

  • The median value for Houses in Reservoir is $914,960 while the median value for Units is $603,893.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 197 properties listed for sale, and 67 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1040 properties were sold in the past 12 months in Reservoir.

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Mario Tucci
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