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5 RESERVOIR STREET, Reservoir, Vic 3073-Image For Sale
5 RESERVOIR STREET, Reservoir, Vic 3073-Image 5 RESERVOIR STREET, Reservoir, Vic 3073-Image 5 RESERVOIR STREET, Reservoir, Vic 3073-Image 5 RESERVOIR STREET, Reservoir, Vic 3073-Image 5 RESERVOIR STREET, Reservoir, Vic 3073-Image 5 RESERVOIR STREET, Reservoir, Vic 3073-Image 5 RESERVOIR STREET, Reservoir, Vic 3073-Image 5 RESERVOIR STREET, Reservoir, Vic 3073-Image 5 RESERVOIR STREET, Reservoir, Vic 3073-Image 5 RESERVOIR STREET, Reservoir, Vic 3073-Image 5 RESERVOIR STREET, Reservoir, Vic 3073-Image 5 RESERVOIR STREET, Reservoir, Vic 3073 5 RESERVOIR STREET, Reservoir, Vic 3073-Floorplan

5 RESERVOIR STREET, Reservoir, Vic 3073

$900,000 - $990,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
818 m²
Area

Last updated on Wednesday, June 03, 2026 ( See property details for 5 RESERVOIR STREET, Reservoir, Vic 3073)

$900,000 - $990,000

  • 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 large 818sqm block in Reservoir, offering renovation potential and excellent connectivity to amenities and transport.

🏡 Property Highlights

  • Expansive 818sqm landholding in a highly sought-after location
  • Potential for renovation, extension, or redevelopment (STCA)
  • Excellent connectivity to Reservoir Station and major arterial roads
  • Close proximity to local schools, parklands, and shopping precincts
  • Original character façade with scope for modern updates
  • Walking distance to The Broadway shops and Edwardes Street precinct

✨ Key Features

  • Open Plan Living
  • Built-in Robes
  • Outdoor Area
  • Waterfront / Views
  • Garage
  • Air Conditioning
  • Ensuite
  • Security Screens / Gates
  • Fly Screens
  • Internal Laundry
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5
Reservoir, VIC 3073
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5 — Vertical Aerial  •  Reservoir, VIC 3073  •  Nearmap © 2026

Reservoir is a vibrant suburb renowned for its excellent transport links, diverse shopping options, and family-friendly parks. It offers a mix of character homes and modern developments, making it ideal for both homeowners and investors. The area boasts easy access to the CBD via train and bus, with a lively community atmosphere and a range of local amenities. Its proximity to schools, recreational spaces, and shopping precincts ensures a convenient and connected lifestyle.

What are the renovation possibilities for this property?
The property offers scope for renovation, extension, or redevelopment (STCA), allowing buyers to personalise and enhance the home to suit their needs.
How accessible is the property to public transport?
The property is conveniently located within walking distance to Reservoir Station and bus services, providing excellent connectivity to the CBD and surrounding suburbs.
Are there nearby amenities and facilities?
Yes, the property is close to local schools, parklands, shopping precincts such as The Broadway and Edwardes Street, cafes, restaurants, and specialty stores.
What is the condition of the current home?
The home retains its original character façade and offers immediate functionality, with potential for modern updates and improvements.
Is there potential for future development on the land?
Yes, the large 818sqm allotment provides exciting scope for extension or redevelopment, subject to council approval (STCA).
Are there any zoning restrictions or easements affecting the property? Has the property been affected by flooding or bushfire risks? Are there any upcoming planning or development activities in the area? What are the strata or body corporate considerations, if applicable? Are there any hidden costs associated with the property, such as council or maintenance fees? Is the property compliant with all building and safety regulations? Are there any known defects or issues with the home or land? What are the local noise levels and neighbour considerations? Are there any restrictions on future extensions or renovations? Is there any ongoing or planned infrastructure development nearby that could impact the property?

5 RESERVOIR STREET, Reservoir, Vic 3073 - More Details

$900,000 - $990,000

Set on an expansive allotment of approximately 818sqm in a highly sought-after location, this property presents an exceptional opportunity where land size, lifestyle convenience and future potential come together. Behind its original character façade sits a comfortable three-bedroom home offering immediate functionality, while also providing exciting scope for renovation, extension or redevelopment (STCA).

Perfectly positioned close to Reservoir Station, local schools, parklands, shopping precincts and major arterial roads, this is an opportunity to secure a substantial landholding in one of Reservoir’s most connected and fast-growing pockets.

Key Features:

Approx. 818sqm allotment
- Three well-sized bedrooms
- Central bathroom
- Separate laundry
- Open living and kitchen area
- Original home with renovation potential
- Scope to extend or redevelop (STCA)
- Walking distance to The Broadway shops and Edwardes Street precinct
- Close to cafés, restaurants and specialty stores
- Convenient access to Reservoir Station and bus services
- Nearby schools, parklands and everyday amenities
- Easy connectivity to the CBD and surrounding suburbs

Disclaimer: This document has been prepared to assist solely in marketing this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their inquiries to verify the information.

Due diligence checklist - for Home and Residential property buyers:
https://www.consumer.vic.gov.au/housing
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
818 m²

Price guide

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