124 Mcmahon Road, Reservoir, Vic 3073

EOI $1,150,000 - $1,250,000

House
Type
5
Bedrooms
2
Bathrooms
2
Parkings
702 m²
Area

Published on Wednesday, October 21, 2026 ( See property details for 124 Mcmahon Road, Reservoir, Vic 3073)

EOI $1,150,000 - $1,250,000

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

A versatile property offering two stylish residences on a generous 702 m² block, perfect for families, multigenerational living, or rental opportunities in Reservoir.

🏡 Property Highlights

  • Two beautifully presented residences on one property, offering flexibility for families or rental income.
  • Character-filled front weatherboard home with polished timber floors and decorative ceilings.
  • Modern, self-contained second residence with soaring timber-lined ceilings and exposed beams.
  • Generous outdoor spaces including a semi-covered deck and north-facing backyard with established greenery.
  • Convenient location near parks, shopping centres, and public transport options.
  • Potential for multigenerational living or additional income streams.

✨ Key Features

  • Built-in Robes
  • Split-System Air Conditioning
  • Outdoor Area
  • Garage
  • Open-Plan Living
  • Waterfront / Views
  • Pet-Friendly
  • Outdoor Area / Balcony
  • Security Screens / Gates
  • Ceiling Fans
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124 Mcmahon Road
Reservoir, VIC 3073
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Vertical aerial view — 124 Mcmahon Road
124 Mcmahon Road — Vertical Aerial  •  Reservoir, VIC 3073  •  Nearmap © 2026

Reservoir offers a vibrant community with excellent amenities, including cafes, shops, and parks. The area boasts easy access to public transport, making commuting convenient. Residents enjoy outdoor activities along Darebin Creek Trail. The suburb features a mix of character homes and modern developments, appealing to families and investors alike. Its proximity to shopping centres and schools makes it a highly sought-after location for comfortable, connected living.

What is the layout of the two residences, and can they be used independently?
Yes, both residences are self-contained with separate entrances, allowing independent use for families, tenants, or guests.
Are there any additional costs associated with maintaining both homes?
Additional costs may include utility bills, council rates, and maintenance; these should be confirmed with the current owner or agent.
Is there potential for future development or subdivision on this property?
Development potential depends on local zoning regulations; it is advisable to consult with the local council for specific planning permissions.
What are the zoning restrictions for this property?
The property is zoned for residential use, with specific details available from the local council regarding any restrictions or potential for subdivision.
Are there any known issues or defects with the property?
A thorough building inspection is recommended to identify any structural or maintenance issues prior to purchase.
Are there any easements, covenants, or planning restrictions affecting the property? What are the council rates and ongoing costs for maintaining both residences? 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? Has the property been recently renovated or updated to meet current standards?

124 Mcmahon Road, Reservoir, Vic 3073 - More Details

EOI $1,150,000 - $1,250,000

Two homes, endless possibilities

Offering the rare advantage of two beautifully presented residences on one property, this distinctive Reservoir address delivers remarkable flexibility for families, multigenerational households and buyers seeking additional accommodation or potential rental income. Combining the character of an updated weatherboard home with a stylish, self-contained second residence, it provides an appealing balance of independent living, shared outdoor space and everyday convenience.

The front residence retains its traditional charm, with polished timber floors, decorative ceilings and period detailing lending warmth and character to the interiors. A generous lounge and dining domain provides plenty of room to relax or entertain, complemented by a charming bark nook, wall heater and split-system air conditioning. The separate contemporary kitchen features timber-look cabinetry, quality appliances and excellent storage, with an adjoining butler's kitchen providing valuable additional preparation space.

Two bedrooms with built-in robes, a dedicated study, central bathroom and laundry with a second toilet complete the accommodation. A covered entry porch, semi-covered deck and carport add further practicality, creating a comfortable and well-appointed home in its own right.

Positioned separately, the second residence introduces a contemporary take on relaxed living, with soaring timber-lined ceilings and exposed beams bringing architectural character to the open-plan living, dining and kitchen area. The modern kitchen features sleek white cabinetry, integrated appliances and an island breakfast bar, while timber floors and split-system air conditioning enhance the inviting interiors.

Two further bedrooms, a dedicated study and a stylish bathroom with integrated laundry provide excellent versatility. The main bedroom includes built-in robes, split-system air conditioning and two-way bathroom access, while the second bedroom features timber floors, built-in storage and its own split system.

Outside, a charming verandah offers an inviting space to unwind, complemented by a north-facing backyard with established greenery, a lawn and a lemon tree. A single garage provides secure parking and additional convenience.

The location adds further appeal, with Darebin Creek Trail nearby for walking and cycling, along with the cafés, shops and services of Broadway and Edwardes Street. Summerhill Shopping Centre, Reservoir and Ruthven stations are also within easy reach, while zoning for Reservoir Primary School and William Ruthven Secondary College caters to families.
Type
House
Bedrooms
5
Bathrooms
2
Parkings
2
Area
702 m²
House Size
202 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Sat 24 Oct 1:00 pm

    Saturday 24 October
    1:00 pm - 1:30 pm
Thank you for submitting your reminder request.

Map & nearby places — 124 Mcmahon Road, Reservoir, Vic 3073

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

We do not hold a school zone outline for this address. That does not mean it has no zoned school: use the education department’s school finder to check.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

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