60 St Vigeons Rd, Reservoir is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 952m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Reservoir in the last 12 months.
Representing rare value at an in-demand address, the exceptional dimensions of this 952m2 (approx.) allotment combined with approved plans and permits for four luxury town residences delivers astute buyers an instantly rewarding opportunity.
Carefully considered to ensure they are easily marketable, all boast expansive ground-floor living spaces opening to decks or paved courtyards. Three homes offer three first-floor bedrooms and two bathrooms (two with open study areas). One features two bedrooms, both with ensuites and an open study.
Existing plans introduce the possibility of taking advantage of prevailing, strong, off-the-plan buying conditions and commencing pre-sale marketing as soon as possible.
Alternatively, there is the option to renovate and extend the existing original home or design and construct your dream family home. (STCA) Richly rewarding whichever path you follow, this is an opportunity not to be missed.
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 28,264 properties. Over the last 5 years, Houses in Reservoir have seen a 23.05% increase in median value, while Units have seen a 21.24% increase. As at 31 August 2024:
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