33 Macartney Street, Reservoir, Vic 3073

Auction $850,000 - $900,000

House
Type
3
Bedrooms
1
Bathrooms
4
Parkings
696 mΒ²
Area

Last updated on Wednesday, June 10, 2026 ( See property details for 33 Macartney Street, Reservoir, Vic 3073)

Auction $850,000 - $900,000

Paul Dines Partner / Licensed Estate Agent / Auctioneer
  • 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 substantial 696sqm block in a highly connected Reservoir location, offering excellent scope for renovation, extension, or redevelopment (STCA).

🏑 Property Highlights

  • Prime 696sqm allotment with excellent future development potential
  • Outstanding location directly opposite Ruthven railway station
  • Versatile three-bedroom home ready for immediate lease or renovation
  • Exceptional scope to extend, rebuild, or redevelop (STCA)
  • Close to cafes, shopping, schools, and parklands
  • Highly connected and rapidly evolving Reservoir pocket

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Garage
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly
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33 Macartney Street
Reservoir, VIC 3073
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Vertical aerial view β€” 33 Macartney Street
33 Macartney Street — Vertical Aerial  •  Reservoir, VIC 3073  •  Nearmap © 2026

Reservoir is a vibrant and rapidly evolving suburb offering excellent connectivity, diverse amenities, and a strong community atmosphere. Key highlights include convenient access to public transport, a variety of cafes and shopping precincts, quality schools, and scenic parklands. The area is ideal for families, investors, and developers seeking a dynamic lifestyle and promising growth prospects.

What are the potential uses for the property given its large land size?
The property offers scope for renovation, extension, rebuilding, or redevelopment (STCA), making it suitable for families, investors, or developers seeking to maximise land use.
Is the property suitable for immediate leasing or occupancy?
Yes, the home is comfortable to live in or lease out immediately, providing flexibility for buyers.
What amenities are nearby?
The property is close to cafes, shopping precincts, local schools, parklands, and is directly opposite Ruthven railway station, ensuring excellent connectivity.
Are there any restrictions or planning considerations for redevelopment?
Any redevelopment or extension plans would need to comply with local council regulations and planning schemes, with potential for STCA (Subject To Council Approval).
What makes this property a good investment opportunity?
Its substantial land size, prime location opposite Ruthven Station, and potential for future development make it an attractive investment in a rapidly growing area.
Are there any zoning restrictions or planning overlays that could affect redevelopment plans? What are the potential costs associated with renovations or extensions? Are there any easements, covenants, or restrictions on the land? Has the property been affected by any flooding or bushfire risks? Are there any upcoming developments or construction projects nearby that could impact the property’s value or livability? Is there any history of structural issues or repairs needed for the existing home? What are the council rates and any additional levies or fees? Are there any strata or community title considerations if planning to subdivide or develop? What are the local noise levels and neighbour considerations? Is the property compliant with all local building codes and regulations?

33 Macartney Street, Reservoir, Vic 3073 - More Details

Auction $850,000 - $900,000

Type
House
Bedrooms
3
Bathrooms
1
Parkings
4
Area
696 mΒ²

Price guide

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