7 Lloyd Avenue, Reservoir, Vic 3073

Auction $700,000 - $770,000

House
Type
3
Bedrooms
1
Bathrooms
4
Parkings
571 m²
Area

Published on Tuesday, August 11, 2026 ( See property details for 7 Lloyd Avenue, Reservoir, Vic 3073)

Auction $700,000 - $770,000

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

A charming weatherboard family home in a sought-after Reservoir location offering spacious living, versatile outdoor spaces, and excellent development potential.

🏡 Property Highlights

  • Prime location in highly desirable Reservoir suburb
  • Classic weatherboard residence with charming period features
  • Expansive sun-drenched backyard with mature palm tree
  • Spacious enclosed veranda ideal for versatile use
  • Substantial freestanding shed/workshop for hobbies or storage
  • Secure multi-car parking behind gated side access

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Shed
  • Garage / Secure Parking
  • Floorboards
  • Ceiling Fans
  • Water tank
  • Fully fenced
  • Pet-Friendly

Reservoir is a vibrant suburb renowned for its diverse community, excellent local amenities, and convenient access to Melbourne CBD. It offers a mix of traditional and modern homes, lush parks, and a lively shopping and dining scene. The area is ideal for families and professionals seeking a balanced lifestyle with great transport links, schools, and recreational facilities.

What is the condition of the property and are there any recent renovations?
The property is well-maintained with classic period features and has been updated with modern amenities, including a fully tiled bathroom and contemporary kitchen.
Is there potential for future development or subdivision on this land?
With its generous land size and prime location, the property offers potential for renovation, extension, or subdivision, subject to council approval.
What are the nearby amenities and transport options?
The property is close to local shops, schools, parks, and public transport options including bus routes and train stations, providing easy access to Melbourne CBD.
Are pets allowed on the property?
Yes, the property is pet-friendly with a fully fenced backyard suitable for children and pets.
What are the ongoing costs associated with the property?
Ongoing costs include council rates, water rates, and maintenance of the garden and shed. No strata fees apply as it is a standalone house.
Are there any existing planning restrictions or easements on the property that could affect future development? Has the property been tested for any structural issues or pest infestations? Are there any known issues with drainage, flooding, or bushfire risk in this area? What are the zoning regulations and are there any restrictions on subdividing or building extensions? Are there any upcoming council or community developments planned nearby that could impact the property’s value or environment?

7 Lloyd Avenue, Reservoir, Vic 3073 - More Details

Auction $700,000 - $770,000

Positioned in a highly desirable Reservoir location, 7 Lloyd Avenue presents a classic weatherboard residence brimming with warmth, character, and opportunity.

Set back behind a tidy front lawn, the home offers immediate street appeal with its neat white facade, deep driveway, long covered carport, and welcoming front entry porch. Inside, the home highlights classic period charm with polished hardwood timber floorboards, picture rails, and soaring high ceilings complete with decorative ceiling roses. The light-filled front living room (4.5m x 3.6m) provides a cozy retreat, equipped with a split-system heating/cooling unit and a feature stone-surround hearth with an integrated gas heater.

Accommodation comprises three well-proportioned bedrooms, including a main bedroom (3.5m x 4.2m) overlooking the front garden. They are serviced by a contemporary, fully tiled central bathroom complete with a modern vanity and a frameless glass walk-in shower. The heart of the home features a functional kitchen space (3.5m x 3.4m) with an adjacent pantry store, flowing into a dedicated laundry room and a separate toilet. Extending off the rear is a spacious enclosed veranda featuring elegant timber French doors, offering a versatile space ideal for a sunroom, home office, or indoor-outdoor entertaining area.

Outside, the expansive, sun-drenched backyard provides a sprawling lawn area for children and pets to play, complete with a mature palm tree and paved brick pathway. Tradespeople, hobbyists, or those needing extra storage will love the substantial freestanding rear shed/workshop (3.2m x 4.2m). With generous land dimensions and secure multi-car parking behind gated side access, this property offers a prime canvas to move in, renovate, or subdivide and develop.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
4
Area
571 m²

Inspections times

  • Inspection tomorrow 5:00 pm

    Wednesday 12 August
    5:00 pm - 5:30 pm
  • Inspection Sat 15 Aug 9:30 am

    Saturday 15 August
    9:30 am - 10:00 am
  • Inspection Wed 19 Aug 6:00 pm

    Wednesday 19 August
    6:00 pm - 6:30 pm
  • Inspection Sat 22 Aug 10:30 am

    Saturday 22 August
    10:30 am - 11:00 am
  • Inspection Tue 25 Aug 6:00 pm

    Tuesday 25 August
    6:00 pm - 6:30 pm

Auctions

  • 7 Lloyd Avenue, Reservoir, Vic 3073

    Saturday 5 September
    1:00 pm

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