3/102 Mcmahon Rd, Reservoir is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 104m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Located only 13km to the Melbourne CBD within a short drive to Broadway & Edwardes street shopping precinct & Reservoir Station is this perfectly presented spacious 1 Bedroom Unit. This exceptional property will appeal to investors, first home buyers and downsizers. Nestled privately in a boutique block it offers a peaceful ambience with an excellent sized rear yard ideal for entertaining. The internal features of the home consist of a spacious Lounge with high ceilings and meals area adjacent to a fully equipped kitchen with Stainless Steel Gas Appliances and plenty of cupboard space. The Master Bedroom is generous in size, whilst there is plenty of wardrobe space, ideal for those with a passion for clothing. Drenched in plenty of natural light the well-appointed central bathroom & laundry. The backyard allows for all year round entertaining whilst being private and spacious. Further Features include heating, cooling, gas hot water system, private car space & much more.
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 28,582 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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