36 Nisbett St, Reservoir is a 2 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 581m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Reservoir in the last 12 months.
This property presents an exciting opportunity for both homebuyers and investors alike, boasting a prime location on the border of Preston that combines convenience and potential. The charming two-bedroom home, offers versatility and space for various living arrangements.
Situated within walking distance of key amenities such as Northland Shopping Centre, Preston North East Primary School, and bus transport, it promises a lifestyle of convenience. The updated presentation and neat appearance make it immediately appealing to those looking to move in or lease out.
Inside, an open planned home with timber floorboards add character, while the presence of renovated kitchen and bathrooms enhances functionality. The generous-sized bedrooms complete with roller shutters ensure ample living space, while the low-maintenance backyard with a decked BBQ entertainment area provides outdoor enjoyment and storage.
With multi car accommodations on a substantial 581sqm of land, there's plenty of room for vehicles and potential for further development or landscaping, plenty of room for redevelopment, adding to your asset. The property's convenient access to La Trobe University, parkland, and the 86 tram ensures connectivity to broader amenities and transportation networks.
Overall, this property is sure to attract widespread interest due to its combination of location, versatility, and future potential, making it a compelling investment opportunity in Reservoir and Preston's sought-after real estate market.
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 28,253 properties.
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