16 Chenies St, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 697m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Opportunity Awaits
Offers due Wednesday 22nd March at 6pm
A perfect chance for the savvy buyer to purchase this wonderful home in a sought after location.
Beyond its attractive faade, this solid brick home sits on approx (698m2 approx.) provides the perfect starting point for an inspired renovation or the ultimate blank canvas on which to rebuild or redevelop (STCA). The home comprises three bedrooms with BIR's, a generous meals and living room, central bathroom and separate WC and a spacious kitchen/meals area. Add to this full size laundry, heating, cooling, gated side driveway, lock up garage, shed, huge pergola and an enormous backyard with room to further extend (STCA).
Only minutes from schools, shops and transport this is an opportunity with endless possibilities.
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:
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