FOR SALE
AUCTION $410,000 - $450,000

1/755 Plenty Road
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Auction Time
Sat 16 Nov 12:00 pm
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No upcoming inspections scheduled.
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Carefree And Convenient!

If location sits at the top of your checklist in your search for your ideal first home, investment or downsizer, then look no further than this position-perfect two-bedroom apartment on the Preston fringe!
Securely located in a modern residential complex, a host of lifestyle options are only a short stroll from this low-maintenance lifestyle upgrade. The No.86 tram is easily accessible on foot and provides a stress-free commute into the CBD, as well as to popular bars and cafes along Plenty Road and High Street. Travel in the opposite direction by tram and enjoy direct access to Summerhill Shopping Centre, RMIT and La Trobe universities, Bundoora Park and DFO Uni Hill.
Complementing the five-star location is this immediately enjoyable apartment, which is bathed in natural light, contemporary styled and very easy to maintain - perfect for the homebuyer eager to just lock-up and go!
Warm timber flooring and a large modern kitchen enhance the contemporary character of the radiant open-plan living, which extends onto a private courtyard for relaxed indoor-outdoor entertaining.
That essence of space extends to both robed bedrooms, which are carpeted for comfort, zoned for privacy, and in the case of the master bedroom, boasts its own private terrace, while a large main bathroom with separate laundry, split-system heating/cooling, high ceilings, an underground car park and storage cage are further highlights.
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Property Details for 1/755 Plenty Rd, Reservoir

1/755 Plenty Rd, Reservoir is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Ray White Preston.

Building Type
Apartment

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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 28,217 properties. Over the last 5 years, Houses in Reservoir have seen a 22.36% increase in median value, while Units have seen a 19.72% increase. As at 30 September 2024:

  • The median value for Houses in Reservoir is $917,681 while the median value for Units is $600,755.
  • Houses have a median rent of $530 while Units have a median rent of $490.
There are currently 172 properties listed for sale, and 65 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1020 properties were sold in the past 12 months in Reservoir.

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Mathew Marotta
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Alannah Savvides
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Ray White Preston
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