58a Lane Cres, Reservoir is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2016. The property has a land size of 203m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Conveniently located between Broadway shops and La Trobe University this spaciously designed and well-built townhouse will please the senses.
Featuring a free-flowing and conventional floor plan which begins with a spacious, light-filled open plan living room overlooking a fully landscaped courtyard. This leads onto your kitchen/meals area which boasts a stainless-steel gas oven, dishwasher, 40mm stone benches and glass splash back. The ground floor is also host to a separate laundry and powder room.
Upstairs continues to impress with three bedrooms all with BIR'S (the master with walk in robe), separate toilet and main bathroom offering double-shower, bath and vanity.
Features include: Lock-up garage, heating and cooling throughout, hardwood floors, alarm system and an outdoor entertaining area.
Currently leased at $2,260pcm expiring in May 2023.
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 28,603 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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