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1 - 3 Nicholson Avenue, Reservoir VIC 3073

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Rare Development Opportunity on 1447m2 approx.

Endorsed Town Planning Approved this ten townhouses project in Reservoir's growth corridor in a prime location on a generous 2 parcels of land. Total area 1447m2 approx. and a street frontage of approx. 30.23 metres which designed for affordable re-sales making for a safe and bankable profit return.

This enormous site permit to construct 10 spectacular new 2/3-level townhouses. Along with architectural plans and a range of other reports already completed, the dwellings include a selection of floorplans to suit any number of buyer requirements ranging in total size from 13.7sq to 21.88sq. Mutual features of each townhouse include 2-4 generous bedrooms along with an open-plan living/dining area and adjoining kitchen leading out to a full-width terrace.

This exceptional project has been offering as follows,

Townhouse 1 2 beds 2 baths 1 balcony 1 garage 13.7sq
Townhouse 2 4 beds 2 baths 1 balcony 2 garages 20.77sq
Townhouse 3 4 beds 2 baths 1 balcony 2 garages 20.20sq
Townhouse 4 4 beds 3 baths 1 balcony 2 garages 21.88sq
Townhouse 5 2 beds 1 baths 1 balcony 1 garage 16.76sq

Townhouse 6 3 beds 3 baths 2 garages 18.80sq

Townhouse 7 2 beds 2 Livings 3 baths 2 garages 19.34sq
Townhouse 8 2 beds 2 Livings 2.5 baths 2 garages 18.77sq
Townhouse 9 2 beds 2 Livings 3 baths 2 garages 19.20sq
Townhouse 10 3 beds 3 baths 2 garages 19.53sq

The location offers all the right ingredients for a successful venture. Situated opposite to the Summerhill shopping complex (24hour K-mart). Only minutes to the Reservoir East Primary School, Reservoir High School, the Darebin Creek Trail and Plenty Road trams, which provides a quick and easy commute to La Trobe and RMIT universities, As does live within moments of Bundoora Park Public Golf Course, Northland Shopping/Cafe precinct, High Street bars & cafes.

*COVID-19 Announcement*
If you're attending an inspection, we request that you only attend if you are fit and healthy to do so and not under any self-isolation conditions. We request that you maintain a healthy distance from our team and refrain from touching any items/fixtures and doors within the property. Additionally, you might be asked to wear a mask and use hand sanitiser as a request on behalf of the occupier and, if you would like to view something in particular, please request the agent's assistance. Thank you.

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Price Guide

Under Offer


Reservoir

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