A great opportunity to expand your Development Portfolio with this corner development site. Approved Plans and Permits for 8 townhomes in excess of 20sq and 5 shops. Proposed resale on shops and townhomes, as listed below:
Shop 1 - $450,000
Shop 2 - $450,000
Dwelling 1 - $850,000
Dwelling 2 - $850,000
Dwelling 3 - $850,000
Dwelling 4 - $850,000
Dwelling 5 - $850,000
Dwelling 6 - $900,000
Dwelling 7 - $850,000
Dwelling 8 - $850,000
Contact Frank Romeo 0438 010 974
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 28,581 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:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.