FOR SALE
SALE $480,000 - $520,000

4/16 Jinghi Road
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Stylish Comfort in Reservoir

Nestled in the vibrant suburb of Reservoir, 4/16 Jinghi Road presents a unique opportunity to embrace modern living in a tranquil setting. This beautifully appointed 2-bedroom unit offers an exceptional blend of style, comfort, and convenience, making it an ideal choice for first-home buyers, downsizers, or investors seeking a prime property in a thriving area.
As you step inside, you'll be greeted by a light-filled open-plan living and dining area, designed to maximise space and functionality. The contemporary kitchen, complete with sleek cabinetry, stainless steel appliances, and ample bench space, is perfect for preparing meals and hosting guests. The seamless flow from the dining area to the private courtyard provides an inviting outdoor space for relaxation, entertaining, or enjoying a quiet morning coffee.
The two generous bedrooms are fitted with built-in wardrobes, offering plenty of storage, while the central bathroom showcases modern fixtures and a clean, sophisticated design. Additional features include split-system heating and cooling, a single parking space, and low-maintenance landscaping, ensuring comfort and ease of living year-round.
Located in a well-connected pocket of Reservoir, this property is just minutes away from local schools, shopping centers, Broadway shopping strip, public transport options, including multiple bus routes and Ruthven train station less than a 5 minute walk away, providing easy access to the Melbourne CBD. With parks and recreational facilities nearby, you'll have everything you need at your doorstep.
Whether you're looking to enter the property market, downsize without compromising on quality, or add a solid investment to your portfolio, 4/16 Jinghi Road offers an unparalleled opportunity to secure a stylish and convenient lifestyle in one of Melbourne's most desirable suburbs. Don't miss out on this fantastic chance to make it yours.
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Property Details for 4/16 Jinghi Rd, Reservoir

4/16 Jinghi Rd, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Ray White Preston.

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Unit

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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 28,264 properties. Over the last 5 years, Houses in Reservoir have seen a 23.05% increase in median value, while Units have seen a 21.24% increase. As at 31 August 2024:

  • The median value for Houses in Reservoir is $928,587 while the median value for Units is $602,189.
  • Houses have a median rent of $520 while Units have a median rent of $480.
There are currently 181 properties listed for sale, and 67 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1049 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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