12 Delaware StreetReservoir VIC 3073
Property Details for 12 Delaware St, Reservoir
12 Delaware St, Reservoir is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2024. The property has a land size of 102m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Last Listing description (November 2024)
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**
Land size: 102 sqm approx
Townhouse size: 126.5 sqm
Deposit: 10% of the purchase price
Settlement preference: 30/45/60 days
Body Corporate fees: $1736 per annum (approx)
Current Rental Return: $550 per week ($2,390 per calendar month) until 18/08/2025
Property History for 12 Delaware St, Reservoir, VIC 3073
- 22 Jul 2024Listed for Rent $550 / week
- 26 Jun 2024Listed for Sale $675,000
- 12 Apr 2024Listed for Sale BRAND NEW UNIT $750,000 - $800,000
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
0
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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.
Suburb Insights for Reservoir 3073
Market Insights
Reservoir Trends for Houses
N/A
N/A
View TrendN/A
N/A
Reservoir Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
