FOR SALE
$880,000 - $968,00

20 Olive Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Renovate, Develop, Subdivide (STCA) The choice is yours!

First time offered in over 60 years & never to be repeated, this corner block with endless possibilities offers the perfect blend of location & potential.
A charming original 2-bedroom weatherboard home, set in the highly sought-after central Reservoir area. Situated just a stone's throw from the bustling Edwards Street shops, directly opposite prestigious schools & within easy reach of the Reservoir train station & the serene Edwards Lake Park, this property offers unparalleled convenience for families, commuters & outdoor enthusiasts alike.
Whether you're looking to renovate & restore its classic charm, capitalise on an incredible investment opportunity, or explore the fantastic potential to redevelop or subdivide the land (STCA), this home presents endless possibilities. Don't miss out on this unique chance to secure a prime piece of real estate in a thriving community.
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Property Details for 20 Olive St, Reservoir

20 Olive St, Reservoir is a 2 bedroom, 1 bathroom House with 1 parking spaces. The place is currently for sale with Ray White Mernda.

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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 28,244 properties.

    There are currently 179 properties listed for sale, and 65 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1069 properties were sold in the past 12 months in Reservoir.

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    John Metaxas
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    Steve Gruevski
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    Ray White Mernda
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