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12 Yarra Avenue, Reservoir, Vic 3073

12 Yarra Avenue, Reservoir, Vic 3073 For Sale
House
Type
3
Bedrooms
1
Bathrooms
1
Parkings
675 m²
Area

Published on Monday, September 28, 2026 ( See property details for 12 Yarra Avenue, Reservoir, Vic 3073)

$770,000 - $830,000

Open on Saturday 3 October 1:30 pm | View All

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

A versatile three-bedroom home on a large block, offering outstanding development, renovation, and investment opportunities in a prime Reservoir location.

🏡 Property Highlights

  • Generous 675m² allotment with development potential
  • Prime location opposite Reservoir East Primary School
  • Close to Reservoir Train Station and local amenities
  • Solid three-bedroom home ready for renovation
  • Excellent opportunity for developers and renovators
  • Convenient access to schools, transport, and shopping

✨ Key Features

  • Built-in Robes
  • Roller Shutters
  • Single Car Shed
  • Open-Plan Living
  • Outdoor Area
  • Ensuite
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • Pet-Friendly
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12 Yarra Avenue
Reservoir, VIC 3073
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Vertical aerial view — 12 Yarra Avenue
12 Yarra Avenue — Vertical Aerial  •  Reservoir, VIC 3073  •  Nearmap © 2026

Reservoir is a vibrant suburb renowned for its excellent schools, convenient transport links, and diverse shopping options. It offers a family-friendly environment with parks and community facilities, making it ideal for both homeowners and investors. The area boasts strong growth potential and easy access to Melbourne CBD, ensuring a desirable lifestyle for residents. Its mix of established homes and development sites provides opportunities for renovation and new builds, appealing to a wide range of buyers.

What is the condition of the existing home, and what renovation options are available?
The home is an original three-bedroom residence with a central bathroom and separate toilet, providing a solid foundation for renovation, refurbishment, or modernisation to suit your lifestyle or investment goals.
Are there any development restrictions or zoning considerations for this large allotment?
Potential buyers should consult local council zoning regulations and planning permits to understand development possibilities and any restrictions on the 675m² block.
What are the key features that make this property suitable for renovation or development?
The property offers a spacious landholding, existing solid structure, and a prime location opposite a primary school, making it ideal for redevelopment or extensive renovation projects.
Is there potential for adding value through extensions or additional structures?
Given the generous land size, there may be scope for extensions, granny flats, or other improvements, subject to council approval and planning regulations.
What are the nearby amenities and transport options?
The property is conveniently located just 13km from Melbourne CBD, approximately 2km from Reservoir Train Station, with schools, shops, and local amenities within easy reach.
Are there any existing planning restrictions or zoning overlays that could limit development or renovation options? Has the property been affected by any flooding, bushfire risks, or environmental hazards? Are there any easements, covenants, or planning permits affecting the land? What are the potential costs involved in renovating or developing the property? Are there any upcoming local council or community planning projects that could impact the area? Is there any history of structural issues or repairs needed for the existing home? Are there any strata or community title considerations, or is it freehold land? What are the current council rates and any additional levies or fees? Are there any restrictions on building height, setbacks, or design in this suburb? Is there any ongoing or planned construction nearby that could affect the property’s value or livability?

12 Yarra Avenue, Reservoir, Vic 3073 - More Details

$770,000 - $830,000

Positioned directly opposite Reservoir East Primary School and set on a generous 675m² (approx.) allotment, this original three-bedroom home presents an outstanding opportunity for developers, renovators and astute buyers looking to unlock its full potential.

The existing residence comprises three well-sized bedrooms, a central bathroom, separate toilet, single car shed and roller shutters, providing a solid foundation for those looking to renovate, refresh or reimagine the home.

For developers, the generous landholding offers exciting possibilities, while renovators will appreciate the opportunity to transform the existing home into a modern family residence while capitalising on the substantial block size.

Perfectly positioned just 13km north of Melbourne CBD and approximately 2km from Reservoir Train Station, with the convenience of schools, transport, shops and local amenities all within easy reach.

Whether you're looking for your next development project, a rewarding renovation or a property with future potential, this is an opportunity not to be overlooked.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
1
Area
675 m²

Inspections times

  • Inspection Sat 3 Oct 1:30 pm

    Saturday 3 October
    1:30 pm - 2:00 pm
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