FOR SALE
Auction: $1,080,000 - $1,180,000

16 Pershing Street
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 697m2
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Auction Time
Sat 16 Nov 1:00 pm
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Charming and Spacious Gem in Prime Location

Situated in one of Reservoir's most desirable pockets, 16 Pershing Street is a beautifully maintained home and lovingly cared for by the same family for 50 years.
The home offers an exceptional lifestyle with a focus on space, comfort and location. This home presents a rare opportunity for families, investors, and developers alike, sitting on a generous 696sqm (approx.) block of land. The expansive space provides plenty of potential, whether you're envisioning future development, extending the current home, or simply enjoying the substantial backyard as is.
From the moment you step inside, you'll be impressed by the immaculate condition of this home. It exudes warmth and character, making it perfect for those who appreciate a home that has been well-kept. The interiors offer a blend of charm and functionality, with spaces that are easy to live in, yet have the potential for personalisation to suit your own style. Each room, filled with natural light creates a welcoming atmosphere that adds to the home's appeal.
The location is truly one of this property's greatest highlights. Set in a quiet street, you'll find yourself within walking distance and easy reach to a range of essential amenities. Excellent local schools, parklands, and recreational facilities are all nearby, making this an ideal spot for families. Also, nearby are, shopping centres, cafes, and restaurants, while public transport links are just a short stroll away, providing easy access to the Melbourne CBD.
Whether you're looking to move straight in, lease the property out, or explore its development potential, 16 Pershing Street offers a rare combination of space, quality, and location that is becoming increasingly hard to find in today's market. Don't miss the chance to secure this well-maintained home in such a prime location.
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Property Details for 16 Pershing St, Reservoir

16 Pershing St, Reservoir is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 697m2. The place is currently for sale with Ray White Preston.

Building Type
House
Land Size
697m2

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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 28,219 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 181 properties listed for sale, and 62 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1021 properties were sold in the past 12 months in Reservoir.

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Ian Dempsey
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Ethan Maratheftis
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Ray White Preston
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