12 Crispe Street, Reservoir, Vic 3073

$1,180,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
627 m²
Area

Last updated on Wednesday, June 17, 2026 ( See property details for 12 Crispe Street, Reservoir, Vic 3073)

$1,180,000

Joe Horton Partner / Licensed Estate Agent / Auctioneer
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A charming Californian Bungalow on a spacious allotment in a highly convenient Reservoir location, offering excellent renovation and redevelopment potential.

🏡 Property Highlights

  • Timeless Californian Bungalow with Federation and Edwardian influences
  • Generous 627 m² allotment in a quiet, leafy Reservoir pocket
  • Prime location close to Gilbert Road tram, Regent Village cafés, and JS Grey Reserve
  • Short stroll to Regent Station and local schools
  • Potential for renovation, extension, or complete rebuild (STCA)
  • Outstanding redevelopment opportunity in a highly sought-after area

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Garage
  • Waterfront / Views
  • Home Office / Study
  • Ceiling Fans
  • Security Screens / Gates
  • Fly Screens
  • Internal Laundry

Reservoir is a vibrant, family-friendly suburb renowned for its leafy streets, excellent transport links, and diverse amenities. It offers a relaxed lifestyle with easy access to cafes, parks, and shopping precincts. The area boasts strong community spirit, excellent schools, and convenient public transport options, making it ideal for families and investors alike. Its proximity to major roads and public transport ensures seamless connectivity to Melbourne’s CBD and surrounding suburbs.

What is the condition of the property and what updates might be needed?
The property is in a livable condition with original features, and cosmetic updates can enhance its appeal, while the structure offers scope for renovation or extension.
What potential does the property have for redevelopment or rebuilding?
The generous allotment and zoning allow for significant extension, renovation, or a complete rebuild (STCA), offering flexible development options.
Are there any restrictions or approvals required for renovations or rebuilds?
Yes, any major renovations or rebuilds will require council approval and must comply with local planning regulations and zoning laws.
What are the nearby amenities and transport options?
The property is close to Gilbert Road tram, Regent Station, Regent Village cafés, JS Grey Reserve, local schools, High Street shopping, and Preston Market.
Is the property suitable for families or investors?
Yes, its spacious allotment, convenient location, and potential for redevelopment make it ideal for both families seeking a comfortable home and investors looking for development opportunities.
Are there any planning restrictions or zoning overlays that could affect redevelopment plans? Has the property been affected by any flooding or bushfire risks? Are there any easements, covenants, or restrictions on the property? What are the potential hidden costs associated with renovations or rebuilds? Is there any history of structural issues or repairs needed? Are there any upcoming developments or construction projects nearby that could impact the property? What are the strata or council fees, if applicable? Are there any noise or nuisance issues from neighboring properties? Has the property been inspected for pests or other defects? Are there any compliance issues with existing structures or renovations?

12 Crispe Street, Reservoir, Vic 3073 - More Details

$1,180,000

Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
627 m²

Price guide

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