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4 Rubicon Street & 1 Boldrewood Parade, Reservoir, Vic 3073 For Sale

4 Rubicon Street & 1 Boldrewood Parade, Reservoir, Vic 3073

Auction $1,600,000 - $1,750,000

House
Type
3
Bedrooms
1
Bathrooms
6
Parkings

Published on Friday, September 25, 2026 ( See property details for 4 Rubicon Street & 1 Boldrewood Parade, Reservoir, Vic 3073)

Auction $1,600,000 - $1,750,000

Auction Thursday 8 October at 1:00 pm | View All

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile corner property in Reservoir offering significant development potential with existing improvements and excellent connectivity.

🏡 Property Highlights

  • Substantial 1,669sqm corner landholding with high exposure
  • Ideal for multi-level residential or mixed-use development (STCA)
  • Located directly opposite Summerhill Shopping Centre with major retailers
  • Excellent connectivity with Route 86 tram at the doorstep
  • Surrounded by schools, parks, and major arterial roads
  • Situated within the Residential Growth Zone (RGZ) offering development potential

✨ Key Features

  • Built in robes
  • Open-Plan Living
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Fully fenced
  • Pet-Friendly
  • Outdoor Area / Balcony

Reservoir is a vibrant northern Melbourne suburb renowned for its strong community, ongoing infrastructure growth, and excellent transport links. It offers a diverse range of amenities including shopping centres, parks, and schools, making it highly attractive for families and investors alike. The area’s strategic location provides easy access to major arterial roads and public transport, supporting its reputation as a key growth corridor. With a mix of established and upcoming developments, Reservoir continues to thrive as a desirable place to live and invest.

What is the zoning of the property and what development options are permitted?
The property is zoned within the Residential Growth Zone (RGZ), allowing for multi-level residential or mixed-use development subject to council approval (STCA).
Are there existing structures on the property that can be refurbished or redeveloped?
Yes, the property includes an existing medical centre and a partially built home, both of which can be refurbished or redeveloped in line with your development plans (STCA).
What are the key planning restrictions or requirements for development on this site?
Development must comply with local planning regulations, including height limits, setback requirements, and other council stipulations under the RGZ zoning. Detailed planning advice should be sought from the local council.
Are there any known environmental or site-specific issues that could affect development?
There are no publicly known environmental issues; however, a comprehensive site assessment is recommended prior to development to identify any potential constraints.
What infrastructure and amenities are available nearby?
The property is conveniently located opposite Summerhill Shopping Centre, with easy access to schools, parks, major roads, and public transport including Route 86 tram.
Are there any existing planning permits or approvals in place for redevelopment or subdivision? What are the potential costs associated with rezoning or obtaining development approvals? Are there any easements, covenants, or restrictions affecting the property? Is there any history of flooding, bushfire risk, or other environmental hazards on or near the site? Are there any upcoming infrastructure projects or planning changes that could impact the property’s value or development potential?

4 Rubicon Street & 1 Boldrewood Parade, Reservoir, Vic 3073 - More Details

Auction $1,600,000 - $1,750,000

Nelson Alexander Commercial is pleased to present this substantial 1,662sqm* corner landholding in the heart of Reservoir, offering exceptional scope for a multi-level residential or mixed-use development (STCA).

Comprising an existing medical centre (4 Rubicon Street) and a partially built home (1 Boldrewood Parade Reservoir), this substantial landholding offers a variety of uses: subdivide, redevelop or refurbish existing improvements (STCA).

Key Highlights:

• Substantial 1,669sqm* corner landholding
• Expansive 67m* frontage with high exposure
• Residential Growth Zone (RGZ)
• Ideal for multi-level residential/mixed-use development (STCA)
• Directly opposite Summerhill Shopping Centre (Kmart, Coles & specialty retail)
• Route 86 tram at the doorstep
• Surrounded by schools, parks and major arterial connectivity

Set within the Residential Growth Zone (RGZ), the property is ideally suited to capitalise on Reservoir’s continued population growth and infrastructure investment, providing developers with scale, profile and long-term upside in one of Melbourne’s most dynamic northern corridors.

For more information contact exclusive agents Nelson Alexander Commercial.

*Approx.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
6

Auctions

  • 4 Rubicon Street & 1 Boldrewood Parade, Reservoir, Vic 3073

    Thursday 8 October
    1:00 pm
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