FOR SALE
Auction: $900,000 - $990,000

13 Borrie Street
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 5
Land area: 633m2
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Auction Time
Sat 7 Dec 2:00 pm
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No upcoming inspections scheduled.
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Multi Townhouse Potential

Set your imagination free with this charming three-bedroom home, beautifully set on a sprawling 633sqm (approx.) lot with valuable development potential (STCA) in a highly desirable neighbourhood. Offering easy access to parks, schools, public transport, and all local conveniences, this residence combines comfort and prime location, ideal for those seeking both accessibility and quality living.
Built on a sturdy foundation, this property is a perfect canvas for renovation enthusiasts looking to inject a personal touch. The original kitchen is full of character and awaits a fresh vision, while the generous, light-filled living spaces create a welcoming atmosphere-perfect for unwinding, entertaining, or simply enjoying time at home.
The expansive backyard is a significant highlight, providing ample space for outdoor activities, gardening, or simply enjoying a private retreat. The sizeable land area offers potential for subdivision, dual occupancy, or even the addition of a modern extension (STCA), allowing for creative possibilities that can maximize value. Capitalize on this rare opportunity to develop within a sought-after neighbourhood and turn this promising parcel into a high-yielding asset.
Whether you're a first-time buyer eager to establish roots, a growing family envisioning a long-term home, or an investor searching for a high-growth opportunity, this residence is brimming with potential and possibility. Seize the chance to transform this delightful property into your dream home, unlock its development potential, and immerse yourself in the vibrant lifestyle this community so warmly offers!
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Property Details for 13 Borrie St, Reservoir

13 Borrie St, Reservoir is a 3 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 633m2. The place is currently for sale with Ray White Reservoir.

Building Type
House
Land Size
633m2

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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 28,592 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 203 properties listed for sale, and 70 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1046 properties were sold in the past 12 months in Reservoir.

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Adam Bassani
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Ebony Maillard
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Ray White Reservoir
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