nouvelle annonce
Presenting 196-198 Albert Street Reservoir, a rare double block opportunity.
? Recently approved permit for a boutique luxury development in a sought-after area
? Landholding of approximately 1,220 sqm with 2 street frontages under 2 titles
? Reservoir is a suburb with high demand and increasing median house prices (source REIV)
? Development includes 10 townhouses, predominantly 3-bedroom dwellings
? Each townhouse features multiple living spaces and private outdoor areas
? Located near Preston & Heidelberg, suburbs with rising median house prices
? Close to retail at Preston Northland and amenities in both Reservoir and Preston
? Accessible to Preston, Reservoir trains, trams, and buses, and approximately 15 minutes to the CBD
? Nearby schools include Reservoir East Primary School, Thornbury High School, Reservoir High School, and Reservoir Views Primary School. A childcare centre is located next door
The properties are currently tenanted and generating rental income.
For investors, builders, and developers, the vendors will provide:
? Working Drawings
? Structural Engineering & Comps
? Drainage Design
? LPOD & SDO
? Soil Test
? 6 Star Energy Rating at the time of settlement