51 Queen Street, Reservoir, Vic 3073

$1,400,000 - $1,490,000

House
Type
5
Bedrooms
3
Bathrooms
4
Parkings
818 m²
Area

Last updated on Wednesday, October 21, 2026 ( See property details for 51 Queen Street, Reservoir, Vic 3073)

$1,400,000 - $1,490,000

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

A spacious and versatile family residence in an elite Reservoir setting, offering modern potential and excellent amenities.

🏡 Property Highlights

  • Spacious five-bedroom family home with versatile dual-level layout
  • Potential to subdivide or modernise with STCA for added value
  • Well-equipped kitchen with outstanding storage and functional appliances
  • Large backyard with matured gardens and veggie provisions
  • Multiple parking options including double carport, secure garage, and ROW access
  • Prime location near High Street shopping, cafes, schools, and parklands

✨ Key Features

  • Heating
  • Cooling
  • Built-in Robes
  • External Window Blinds
  • Cellar
  • Double Carport
  • Secure Garage
  • ROW Access
  • Open-Plan Living
  • Garden / Courtyard
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51 Queen Street
Reservoir, VIC 3073
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Vertical aerial view — 51 Queen Street
51 Queen Street — Vertical Aerial  •  Reservoir, VIC 3073  •  Nearmap © 2026

Reservoir is a vibrant suburb renowned for its family-friendly atmosphere, excellent local amenities, and convenient access to parks, schools, and shopping precincts. It offers a blend of mid-century charm and modern living, making it highly desirable for families and investors alike. The area boasts well-maintained parks, diverse dining options, and strong community spirit, all within easy reach of Melbourne’s CBD. Its strategic location ensures excellent connectivity and lifestyle convenience.

What are the main living areas and how are they configured?
The property features a grand formal living and dining room, along with an open-plan kitchen, meals, and living area, providing versatile and spacious living options.
Is there potential for future development or subdivision?
Yes, the property offers potential to subdivide or add a modern duplex (STCA), making it an attractive option for future development.
What heating and cooling features are included?
The home is equipped with heating and cooling systems to ensure comfort throughout the year.
Are there any additional storage options?
Yes, the property includes a cellar and ample storage space within the kitchen and other areas.
What parking facilities are available?
There is a wide driveway, double carport, secure garage, and ROW access to Pike Reserve, providing plenty of off-street parking options.
Are there any existing planning restrictions or easements that could affect subdivision or development plans? Has the property been inspected for structural issues or potential defects? Are there any upcoming zoning changes or local council developments that could impact the property? What are the ongoing costs associated with maintaining the garden and outdoor areas? Is there any history of flooding or bushfire risk in this area?

51 Queen Street, Reservoir, Vic 3073 - More Details

$1,400,000 - $1,490,000

An incomparable opportunity awaits for family buyers looking for a premium brick-veneer residence in an elite Reservoir setting. It instantly pulls at the heartstrings with its mid-century charm, whilst providing fabulous present day living with potential to add your own modern style or even subdivide with a contemporary duplex (STCA). The versatile dual level floor-plan includes four spacious bedrooms serviced by three bathrooms and large laundry. There is also a grand formal living and dining room alongside an open plan kitchen, meals and living area. The well-equipped kitchen with vast counter space, displays outstanding storage, along with functional appliances. The ground level also houses a rumpus and potential home office/games room. The backyard boasts matured gardens with provisions for veggies. There is also a wide driveway for plenty of off-street parking and the added appeal of a double carport, secure garage and ROW access to Pike Reserve. Additional attributes also include window furnishings, external window blinds, pendant lighting, heating, cooling and cellar. Brilliantly positioned just moments from High Street shopping & cafes, local schools including Preston Primary, parklands and amenities.
Type
House
Bedrooms
5
Bathrooms
3
Parkings
4
Area
818 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Sat 24 Oct 1:15 pm

    Saturday 24 October
    1:15 pm - 1:45 pm

Auctions

  • 51 Queen Street, Reservoir, Vic 3073

    Saturday 14 November
    12:00 pm
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Map & nearby places — 51 Queen Street, Reservoir, Vic 3073

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

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