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18 Banff Street, Reservoir, Vic 3073-Image

18 Banff Street, Reservoir, Vic 3073

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House

Type

Bedrooms

Bathrooms

Parkings

1,063 m²

Area

Last updated on Saturday, July 11, 2026 ( See property details for 18 Banff Street, Reservoir, Vic 3073)

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Joe Torzillo - Real Estate Agent - Ray White - Bundoora

Joe Torzillo Director / Chief Auctioneer

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Georgio Torzillo - Real Estate Agent - Ray White - Bundoora

Georgio Torzillo Investment Portfolio Manager

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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 brick home on a substantial 1,063m² block in Reservoir, offering excellent renovation, redevelopment, or new build opportunities (STCA).

🏡 Property Highlights

Impressive 1,063m² landholding offering vast redevelopment potential
Triple-fronted brick home in sought-after Reservoir location
Generous living spaces including a spacious lounge, dining area, and sunroom
Large brick garage with workshop and excellent rear access
Comfort features include ducted heating and evaporative cooling
Ideal for developers, renovators, or those seeking to build their dream home

✨ Key Features

Garage
Open-Plan Living
Waterfront / Views
Outdoor Area
Built-in Robes
Shed
Home Office / Study
Security Screens / Gates
Fly Screens
Ev Charging Point

Suburb and Property Insights of Reservoir, VIC 3073

Reservoir is a vibrant suburb renowned for its diverse community, excellent transport links, and abundant parklands. It offers a mix of established homes and development opportunities, making it ideal for families, investors, and developers alike. The area boasts convenient access to schools, shopping precincts, and public transport, ensuring a highly connected lifestyle. With its growing popularity, Reservoir presents a promising future for property owners seeking both lifestyle and investment growth.

Frequently Asked Questions

What are the potential uses for the large 1,063m² block?

The expansive landholding offers scope for renovation, extension, redevelopment, or building a new home, subject to council approval (STCA).

Is the property suitable for redevelopment or subdivision?

Yes, the substantial size and configuration of the block make it ideal for redevelopment or subdivision, pending council approval and planning regulations.

What are the key features of the home's comfort and living spaces?

The home includes ducted heating, evaporative cooling, a spacious lounge, dining area, sunroom, and a functional kitchen, providing comfortable living year-round.

Are there any additional structures or storage options on the property?

Yes, the property features a large brick garage with workshop, storage sheds, and excellent rear access for convenience.

What is the rental potential of the property?

The property is estimated to rent for between $500 and $550 per week, making it a strong investment opportunity.

What to ask about this property to agent?

Are there any existing planning restrictions or easements on the property that could affect redevelopment plans? Has the property been tested for any environmental issues, such as soil contamination or flood risk? Are there any upcoming council or community developments in the area that could impact the property’s value or future use? What are the zoning regulations and building codes applicable to this landholding? Are there any known structural issues or repairs needed for the existing home or structures? Is there any history of pest infestations or other property defects? What are the costs associated with connecting or upgrading utilities and services? Are there any strata or community title considerations, or is this a freehold property? What are the potential costs involved in subdivision or redevelopment, including permits and approvals? Is the property located in a bushfire or flood-prone zone, and what precautions are recommended?

18 Banff Street, Reservoir, Vic 3073 - More Details

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Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 2
Area: 1,063 m²

Price guide

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18 Banff Street, Reservoir, Vic 3073 - Point Of Interest

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Your Commute at a Glance: 18 Banff Street, Reservoir, Vic 3073

Email Enquiry To Ray White - Bundoora

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18 Banff Street, Reservoir, Vic 3073

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