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33 Macartney Street, Reservoir, Vic 3073

Auction $850,000 - $900,000

House

Type

Bedrooms

Bathrooms

Parkings

696 m²

Area

Last updated on Saturday, September 26, 2026 ( See property details for 33 Macartney Street, Reservoir, Vic 3073)

Auction $850,000 - $900,000

View the agent price guide.

Paul Dines Partner / Licensed Estate Agent / Auctioneer

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Peter Neofytou Property Consultant

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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 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

Suburb and Property Insights of Reservoir, VIC 3073

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.

Frequently Asked Questions

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.

What to ask about this property to agent?

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

Set on a substantial 696sqm (approx.) allotment directly opposite Ruthven railway station, this versatile three-bedroom home presents an exceptional opportunity for investors, developers and families alike.

Comfortable to live in or lease out immediately, the home also offers outstanding scope to renovate, extend, rebuild or redevelop (STCA), making it an exciting prospect for buyers looking to secure a premium parcel of land in a highly connected location.

Featuring generous land dimensions and excellent future potential, this is the kind of property where vision and creativity can truly shine. Young families will also appreciate the chance to create a forever home while enjoying all the lifestyle benefits this sought-after pocket has to offer.

Located moments from Broadway and Edwardes Street cafés, shopping, local schools and parklands, with transport literally at your doorstep, this is a rare opportunity to invest in one of Reservoir’s rapidly evolving pockets.

A prime opportunity to invest, develop or create something truly special.

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 4
Area: 696 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Map & nearby places — 33 Macartney Street, Reservoir, Vic 3073

Explore 33 Macartney Street, Reservoir, Vic 3073 in 3D

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Nearby schools, parks, shopping, transport, health & dining
Walking & driving routes with travel time from the front door
Satellite & hybrid map views, full-screen mode

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33 Macartney Street, Reservoir, Vic 3073

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