18 Banff Street, Reservoir, Vic 3073

$870,000 - $930,000

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

Last updated on Friday, June 19, 2026 ( See property details for 18 Banff Street, Reservoir, Vic 3073)

$870,000 - $930,000

  • 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
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18 Banff Street
Reservoir, VIC 3073
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Vertical aerial view — 18 Banff Street
18 Banff Street — Vertical Aerial  •  Reservoir, VIC 3073  •  Nearmap © 2026

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.

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.
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

$870,000 - $930,000

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

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Sat 27 Jun 10:00 am

    Saturday 27 June
    10:00 am - 10:30 am
  • Inspection Thu 2 Jul 5:00 pm

    Thursday 2 July
    5:00 pm - 5:30 pm
  • Inspection Sat 4 Jul 12:00 pm

    Saturday 4 July
    12:00 pm - 12:30 pm

Auctions

  • 18 Banff Street, Reservoir, Vic 3073

    Saturday 11 July
    11:00 am
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