34 Invermay St, Reservoir, VIC, 3073

''Loads of Potential''

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings

Last updated on Tuesday, March 17, 2026 ( See property details for 34 Invermay St, Reservoir, VIC, 3073)

$700,000 - $750,000

Harry Kontossis Director, Auctioneer, Licensed Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A charming double fronted timber home on a spacious 554m2 block, offering excellent renovation potential in a prime location.

🏡 Property Highlights

  • Stylish double fronted timber home with original features
  • Enormous scope for renovation and improvement
  • Generous 554m2 level allotment for development or extension
  • Convenient location close to shopping, transport, and schools
  • Outdoor undercover entertainment area perfect for gatherings
  • Potential for redevelopment (STCA) for investors or developers

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Garage
  • Open-Plan Living
  • Ceiling Fans
  • Home Office / Study Nook
  • Ensuite
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens

Reservoir is a vibrant suburb known for its diverse community, excellent amenities, and convenient access to public transport. It offers a mix of established homes and development opportunities, with plenty of parks, shopping precincts, and schools nearby. The area is ideal for families, investors, and those seeking a dynamic lifestyle close to Melbourne’s CBD. Its level terrain and strong community vibe make it a highly desirable place to live and invest.

What is the condition of the property and what renovations are needed?
The property is in original condition with timber flooring throughout, offering a great opportunity for renovation and modernisation to suit your style.
Is there potential for development or subdivision on this site?
Yes, the 554m2 level allotment presents potential for redevelopment or subdivision, subject to council approval (STCA).
What are the nearby amenities and transport options?
The property is conveniently located close to local shopping, public transport, schools, and parklands, making daily living easy and accessible.
Are there any restrictions or planning overlays affecting this property?
Potential buyers should check with local council regarding planning overlays or restrictions that may impact development or renovation plans.
What is the expected maintenance for this property?
The property features original timber flooring and a level yard, which are generally low-maintenance, but renovation updates may influence ongoing upkeep.
Are there any existing planning restrictions or zoning laws that could affect redevelopment plans? Has the property been affected by any flooding or bushfire risks in the area? Are there any easements, covenants, or encumbrances on the title? What are the council rates and any additional levies or fees? Are there any upcoming developments or construction projects nearby that could impact the property? Is there any history of structural issues or repairs needed for the property? Are there any hidden costs associated with the renovation or development process? What are the terms of the current title and are there any restrictions on subdivision? Is the property compliant with all local building codes and regulations? Are there any noise or nuisance issues from neighboring properties?

34 Invermay St, Reservoir, VIC, 3073 - More Details

''Loads of Potential''

Type
House
Bedrooms
3
Bathrooms
1
Parkings
2

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