FOR SALE
$675,000

2/12 Delaware Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 126m2
Land area: 102m2
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Exceptional Investment Opportunity: Brand New Townhouse with Secure Tenancy

Presenting a prime investment opportunity in the heart of Reservoir. This brand-new townhouse at 2/12 Delaware Street comes with a secure tenancy, offering immediate rental income and long-term growth potential.
Showcasing contemporary design and high-quality finishes throughout, this property features 2 generously sized bedrooms, each with built-in robes, and 1.5 beautifully appointed bathrooms, including a luxurious central bathroom and a convenient ground-floor powder room.
The light-filled, open-plan kitchen, meals, and family area seamlessly flows into a low-maintenance courtyard, creating an inviting space for both living and entertaining. With the added convenience of a lock-up garage, this townhouse is an ideal low-maintenance investment with strong rental appeal.
Situated on a block with only four townhouses, the property ensures privacy and exclusivity.
Currently leased at $550 per week ($2,390 per calendar month) until 18/08/2025, this property offers a steady and reliable return on investment.
Ideally located for easy access to Reservoir's array of amenities, including cafes, shops, schools, and public transport options such as buses, Plenty Road trams, and the Reservoir train station, this townhouse is a highly desirable rental property in a high-demand area, offering investors both security and growth potential.
With the added advantage of a secure tenancy already in place, this modern townhouse represents a unique opportunity to invest in a quality property with immediate income and promising future returns.
Don't miss out on this rare chance to secure a high-quality, low-maintenance investment in one of Reservoir's most sought-after locations!
Contact us to arrange a private inspection.
**Please note that inspections are by appointment only**
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Property Details for 2/12 Delaware St, Reservoir

2/12 Delaware St, Reservoir is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. The property has a land size of 102m2 and floor size of 126m2. The place is currently for sale with Ray White Bundoora.

Building Type
Townhouse
Floor Size
126m2
Land Size
102m2

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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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Alice Rossi
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Ray White Bundoora
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