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17 Pedersen Avenue, Reservoir, Vic 3073-Image

17 Pedersen Avenue, Reservoir, Vic 3073

$745,000

House

Type

Bedrooms

Bathrooms

Parkings

535 m²

Area

Last updated on Monday, July 06, 2026 ( See property details for 17 Pedersen Avenue, Reservoir, Vic 3073)

$745,000

Mario Lambiase - Real Estate Agent - OBrien Real Estate - Preston/Reservoir

Mario Lambiase 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 versatile and solid brick family home on a generous elevated allotment with dual frontage, offering immediate livability and exciting renovation potential in a prime location.

🏡 Property Highlights

Rare dual street frontage offering flexibility and future development potential
Generous 535 m² elevated allotment in a quiet, convenient location
Solid brick construction with character and untapped renovation potential
Spacious living and dining areas with beautiful hardwood timber floors
Large kitchen and meals area as the heart of the home
Established gardens and attractive terrazzo paving enhancing outdoor appeal

✨ Key Features

Dual Frontage
Garage / Secure Parking
Built-in Robes
Open-Plan Living
Outdoor Area / Balcony
Hardwood Timber Floors
Established Gardens
Waterfront / Views
Security Screens / Gates
Extra Storage (Shed/Linen)

Suburb and Property Insights of Reservoir, VIC 3073

Reservoir is a vibrant suburb renowned for its family-friendly environment, excellent amenities, and convenient access to public transport. Key points include: proximity to shops, schools, and parks; a diverse community with a welcoming atmosphere; excellent transport links to Melbourne CBD; a mix of character homes and modern developments; and a strong investment appeal due to ongoing growth and development.

Frequently Asked Questions

What is the condition of the property and what renovations are possible?

The property is move-in ready with solid brick construction and character features, offering scope for modernisation, renovation, or extension to suit your style and needs.

How accessible are local amenities and public transport?

The property is conveniently located close to shops, schools, and public transport options, making daily commuting and errands easy and efficient.

Is there potential for future development or subdivision?

With its rare dual street frontage and elevated position, the property offers potential for future development or subdivision, subject to council approval.

What outdoor features does the property include?

The property features established gardens, attractive terrazzo paving, and rear access to a substantial garage and workshop, ideal for storage or projects.

Are there any restrictions or planning considerations to be aware of?

Potential buyers should verify local zoning regulations and planning controls with the council to confirm any development or renovation restrictions.

What to ask about this property to agent?

Are there any known structural issues or defects with the property? What are the council rates and any additional levies or fees? Is there any history of flooding or bushfire risk in the area? Are there any easements, covenants, or zoning restrictions affecting the property? Has the property been inspected for pests or termites? Are there any upcoming planning or development proposals nearby that could impact the property? What are the costs associated with potential renovations or extensions? Is the garage and workshop structure compliant with current building codes? Are there any existing warranties or guarantees on the property or fixtures? What are the strata or body corporate arrangements if applicable?

17 Pedersen Avenue, Reservoir, Vic 3073 - More Details

$745,000

Positioned in a quiet and convenient location close to shops, schools and public transport, this elevated brick residence presents an outstanding opportunity for families, first-home buyers, renovators and investors alike. Comfortable and immediately liveable, it offers the flexibility to move straight in and enjoy today while updating and enhancing over time to create an exceptional family home or rewarding investment.

Set on a generous allotment and enhanced by the rare advantage of dual street frontage, the home combines character, space and untapped potential. Behind its classic façade lies a practical floorplan featuring three generous bedrooms, spacious living and dining areas, beautiful hardwood timber floors and a huge kitchen and meals area that forms the heart of the home.

Whether you're looking to modernise gradually, undertake a comprehensive renovation or simply add value over time, the solid construction and generous proportions provide the perfect foundation. Buyers can retain the home's existing charm while transforming it into a contemporary residence tailored to their own style and needs.

Outside, established gardens, attractive terrazzo paving and valuable rear access to a substantial garage/workshop further enhance the property's appeal. The elevated position and peaceful street setting create an ideal environment for families, while the dual frontage provides flexibility and future possibilities rarely found in today's market.

For renovators, tradies and investors, opportunities like this are becoming increasingly difficult to secure. Combining a sought-after location, solid construction, generous proportions and genuine value-add potential, this is a property where vision and effort can be richly rewarded.

Features:
• Rare dual street frontage
• Rear access to substantial garage/workshop
• Three generous bedrooms
• Spacious living and dining zones
• Huge kitchen and meals area
• Hardwood timber floors
• Attractive terrazzo paving
• Established gardens
• Move straight in and renovate at your own pace
• Exceptional value-add potential
• Scope to create a stunning family home
• Ideal for families, renovators and investors
• Close to shops, schools and public transport

A home you can comfortably enjoy from day one, with endless scope to enhance, modernise and add value over time. Whether you're searching for the perfect family home, a rewarding renovation project or a smart investment, this is an opportunity to secure today and reap the rewards for years to come.

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 2
Area: 535 m²

Map & nearby places — 17 Pedersen Avenue, Reservoir, Vic 3073

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Email Enquiry To OBrien Real Estate - Preston/Reservoir

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17 Pedersen Avenue, Reservoir, Vic 3073

$745,000

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