For Sale

16 McColl Street, Reservoir, Vic 3073-Image

16 McColl Street, Reservoir, Vic 3073

$1,680,000-$1,800,000

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

Published on Thursday, April 30, 2026 ( See property details for 16 McColl Street, Reservoir, Vic 3073)

$1,680,000-$1,800,000

View the agent price guide.

Nick Djorgonoski - Real Estate Agent - Nicholson Real Estate - Brunswick East

Nick Djorgonoski Sales Consultant - Licenced Estate Agent

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Alex Djorgonoski - Real Estate Agent - Nicholson Real Estate - Brunswick East

Alex Djorgonoski Director / Licensed Estate Agent

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare development opportunity on an 871m² site with four uninhabitable villa units in a prime Reservoir location, perfect for redevelopment or renovation (STCA).

🏡 Property Highlights

Unique block with 4 separately titled villa units, offering a versatile development opportunity.
Prime 871m² site in a sought-after location bordering Preston, ideal for transformation or redevelopment (STCA).
Front unit ready for complete rebuild, with three additional units awaiting renovation.
Excellent location close to Plenty Road, Tyler Street, tram, shops, Northland Shopping Centre, schools, train, and Latrobe University.
All units feature 2 bedrooms, a lock-up garage, and a fully fenced rear courtyard.
Heavy lifting of titling already completed, simplifying the development process.

✨ Key Features

Garage
Outdoor Area
Built-in Robes
Open-Plan Living
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Pet-Friendly
Waterfront / Views

Suburb and Property Insights of Reservoir, VIC 3073

Reservoir is a vibrant suburb renowned for its excellent transport links, diverse shopping options, and proximity to educational institutions. It offers a family-friendly environment with parks, cafes, and community facilities. The area is highly sought after for its affordability and growth potential, making it ideal for investors and developers alike.

Frequently Asked Questions

What is the current condition of the units and what renovations are needed?

All units are currently unliveable and require renovation, with the front unit ready for a complete rebuild and the others awaiting your renovation plans.

Is there potential for redevelopment or subdivision on this site?

Yes, the site offers significant redevelopment potential, subject to council approval (STCA), with the heavy lifting of titling already completed.

What amenities and transport options are nearby?

The property is conveniently located close to Plenty Road, Tyler Street, tram lines, shops, Northland Shopping Centre, schools, train stations, and Latrobe University.

Are there any restrictions or planning overlays affecting this property?

Development is subject to council approval (STCA). It is recommended to consult local planning regulations for specific restrictions.

What is the zoning classification for this property?

The property is zoned for residential use, suitable for redevelopment or renovation projects, subject to council approval.

What to ask about this property to agent?

Are there any hidden costs associated with the redevelopment process, such as planning fees or service upgrades? Have any planning or building approvals been obtained, or are there pending applications? Are there any known structural issues or defects with the existing units? Is the property located within a flood zone or bushfire risk area? Are there any easements, covenants, or zoning restrictions that could impact redevelopment plans? What are the strata or body corporate arrangements, if applicable? Is there any ongoing or upcoming construction or development activity in the vicinity that could affect the property? Are there any noise, neighbour, or local environment concerns that buyers should be aware of?

16 McColl Street, Reservoir, Vic 3073 - More Details

$1,680,000-$1,800,000

Type: Block Of Units
Bedrooms: 8
Bathrooms: 4
Parkings: 4

Price guide

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16 McColl Street, Reservoir, Vic 3073 - Point Of Interest

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Your Commute at a Glance: 16 McColl Street, Reservoir, Vic 3073

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16 McColl Street, Reservoir, Vic 3073

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