1 Northernhay Street, Reservoir, Vic 3073

House
Type
4
Bedrooms
3
Bathrooms
4
Parkings
616 m²
Area

Last updated on Wednesday, July 15, 2026 ( See property details for 1 Northernhay Street, Reservoir, Vic 3073)

$1,520,000 - $1,590,000

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

A beautifully maintained period residence in Reservoir's prestigious Oakhill Estate offering modern comfort, versatile living spaces, and a stunning outdoor setting.

🏡 Property Highlights

  • Prestigious location in Reservoir's Oakhill Estate
  • Period residence with timeless character and modern comfort
  • Expansive open-plan kitchen, meals, and living zone
  • Private retreat with oversized bedroom, walk-in robe, and ensuite
  • Sun-drenched backyard with undercover alfresco and fire pit
  • Converted garage as a versatile multipurpose space

✨ Key Features

  • Built-in Robes
  • Ensuite
  • Outdoor Area
  • Open-Plan Living
  • Waterfront / Views
  • Garage / Secure Parking
  • Outdoor Area / Balcony
  • Ceiling Fans
  • Heating (Ducted/Split)
  • Open-Plan Living
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1 Northernhay Street
Reservoir, VIC 3073
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Vertical aerial view — 1 Northernhay Street
1 Northernhay Street — Vertical Aerial  •  Reservoir, VIC 3073  •  Nearmap © 2026

Reservoir is a vibrant suburb renowned for its diverse community, excellent shopping at Preston Market, and a variety of cafes and eateries. It offers convenient access to public transport including train stations and bus routes, making commuting to Melbourne CBD straightforward. The area boasts a range of parks, sporting clubs, and quality schools, making it ideal for families seeking a balanced lifestyle. With its blend of historic charm and modern amenities, Reservoir continues to attract discerning buyers seeking a thriving, well-connected community.

What are the key features of this property?
This property features four bedrooms, three bathrooms, open-plan living spaces, a private retreat with an ensuite, outdoor entertaining areas, a versatile garage space, and modern comforts such as ducted heating, evaporative cooling, and ceiling fans.
Is the outdoor area suitable for entertaining?
Yes, the sun-drenched backyard includes an undercover alfresco area and a fire pit setting, perfect for year-round outdoor entertaining.
What is the condition of the property?
The property is well-maintained, featuring period character with modern updates, including an updated family bathroom and a versatile garage conversion.
Are there any additional features that enhance living comfort?
Yes, the home is equipped with ducted heating, evaporative cooling, ceiling fans, and a spacious layout that promotes comfortable living.
What are the nearby amenities and transport options?
The property is close to Preston Market, High Street shopping, cafes, gyms, sporting clubs, and has excellent access to Regent and Reservoir train stations, as well as bus routes.
Are there any planning or zoning restrictions that could affect future renovations or extensions? Has the property been inspected for any structural issues or pests? Are there any easements or covenants registered on the title? What are the council rates and any additional property taxes? Is there any history of flooding or bushfire risk in this area? Are there any upcoming developments or construction projects nearby that could impact the property? What are the strata or body corporate fees, if applicable? Are there any known issues with the plumbing, electrical systems, or appliances? Is the property compliant with all building codes and regulations? What are the terms of the sale regarding inclusions and exclusions?

1 Northernhay Street, Reservoir, Vic 3073 - More Details

$1,520,000 - $1,590,000

Set on one of Reservoir’s most prestigious pockets, this stunning period residence at 1 Northernhay Street marries timeless character with generous contemporary comfort. Framed by a gorgeous, landscaped front garden, the home welcomes you with a wide, graceful entry, soaring ceilings, and engineered timber floors that carry sunlight from every angle.

Designed for togetherness, the expansive open-plan kitchen, meals, and family/living zone invites effortless daily living and memorable entertaining. Three generous ground-floor bedrooms include two with built-in robes and one with a walk-in robe, complemented by a large study, an updated central family bathroom with bath, a second bathroom, and a well-appointed laundry.

Ascend the timber staircase to a private retreat: a spacious lounge and an oversized bedroom featuring a walk-in robe and ensuite - an ideal parents’ sanctuary or luxurious guest haven.

Outdoors, a sun-drenched backyard sets the scene for year-round enjoyment with an undercover alfresco area, fire pit setting for cosy nights, and a charming side rockery pathway. The big, powered garage - styled with rustic warmth - has been converted into an inspiring multipurpose space with wood fire box, perfect as a music room or intimate sitting room, evoking the ambience of a Spanish hillside hideaway. A long, wide driveway with extended carport easily accommodates multiple vehicles for abundant off-street parking.

Comfort is assured with ducted heating, evaporative cooling, and ceiling fans.

Lifestyle location highlights:
- Moments to Preston Market, High Street shopping, multicultural eateries, welcome to Thornbury and trendy cafes
- Close to a choice of gyms, sporting clubs, and fitness studios
- Excellent transport: Regent and Reservoir train stations plus bus routes
- Sought-after schools nearby: Preston Primary, St Gabriel’s, Holy Name, and Preston High School.
- Quick commute to Melbourne CBD

A rare blend of prestige, period grace, and modern versatility in the heart of Oakhill Estate - move in and make it yours.
Type
House
Bedrooms
4
Bathrooms
3
Parkings
4
Area
616 m²
Study
1

Price guide

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