839 Plenty Road, Reservoir, Vic 3073

$1,150,000 - $1,250,000

Residential Land
Type
731 m²
Area

Published on Friday, October 16, 2026 ( See property details for 839 Plenty Road, Reservoir, Vic 3073)

$1,150,000 - $1,250,000

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

A prime development site in Reservoir offering endorsed plans for seven townhouses with established groundwork, ready for immediate construction.

🏡 Property Highlights

  • Endorsed town planning plans for seven townhouses
  • Approximately 731 sqm landholding
  • Clear residential development outcome
  • Mix of six 2-bedroom and one 3-bedroom townhouses
  • Planning groundwork already established
  • Convenient Reservoir location with excellent amenities

✨ Key Features

  • Water tank
  • Open-Plan Living
  • Built in robes
  • Secure Parking
  • Outdoor Area
  • Floorboards
  • Alarm system
  • Broadband
  • Pet-Friendly
  • Ensuite

Reservoir is a vibrant suburb renowned for its excellent transport links, diverse amenities, and strong community feel. It offers convenient access to major roads, public transport, parks, and shopping precincts, making it an ideal location for both investors and residents seeking a dynamic lifestyle. The area combines established residential streets with emerging development opportunities, ensuring long-term growth potential.

What is the current zoning and development approval status for this site?
The site has endorsed town planning plans approved for seven townhouses, providing a clear development pathway.
Are there any existing structures or utilities on the land?
The property is designated as residential land with groundwork already established, but specific details about existing structures should be confirmed with the vendor.
What are the potential costs involved in completing the development?
Additional costs may include construction, council fees, and service connections; a detailed cost estimate should be obtained from a qualified builder or developer.
Is there any ongoing or planned infrastructure development in the area?
The Reservoir area is well-connected with ongoing infrastructure improvements, but specific projects should be verified with local council.
What are the nearby amenities and transport options?
The property offers excellent access to local amenities, public transport, and major road connections, making it highly accessible.
Are there any zoning restrictions or easements that could affect the development plans? Has a detailed site survey and soil test been conducted to confirm suitability for construction? Are there any planned or upcoming developments nearby that could impact the property’s value or environment? What are the council requirements and potential additional approvals needed before construction? Is there any history of flooding or bushfire risk in the area that could affect development or insurance?

839 Plenty Road, Reservoir, Vic 3073 - More Details

$1,150,000 - $1,250,000

Opportunities to secure a substantial development site with the planning groundwork already established are increasingly difficult to find. Set across approximately 731 sqm, 839 Plenty Road presents a compelling proposition for builders and developers looking to secure their next project with a clearly defined residential outcome.

For developers, time and certainty are critical. With endorsed town planning plans already in place for seven townhouses, much of the initial groundwork has been established, allowing the successful purchaser to focus on taking the project forward rather than starting the planning process from the beginning. The result is a site with a defined end product, providing a clearer vision of the development potential and an opportunity to bring a substantial townhouse project to life in an established residential location.

Townhouse 1 - 2 Bed - 2 Bath - 1 Car
Townhouse 2 - 2 Bed - 2 Bath - 1 Car
Townhouse 3 - 2 Bed - 1 Bath - 1 Car
Townhouse 4 - 2 Bed - 1 Bath - 1 Car
Townhouse 5 - 2 Bed - 1 Bath - 1 Car
Townhouse 6 - 2 Bed - 1 Bath - 1 Car
Townhouse 7 - 3 Bed - 3 Bath - 2 Car

The scale of the site, combined with an endorsed seven-townhouse scheme, creates an opportunity to acquire a development with a clear direction from day one. For builders seeking their next project or developers looking to add a well-positioned residential development to their pipeline, this is an opportunity where the vision has already been established.

Highlights:

• Approximately 731 sqm landholding
• Endorsed town planning plans for seven townhouses
• Clearly defined residential development outcome
• Six 2-bedroom townhouses and one 3-bedroom townhouse
• Mix of 1 and 2 bathroom residences
• Ideal for builders and developers
• Planning groundwork already established
• Strong opportunity to add a substantial project to your development pipeline
• Convenient Reservoir location
• Excellent access to local amenities, transport and major road connections
Type
Residential Land
Area
731 m²

Price guide

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Map & nearby places — 839 Plenty Road, Reservoir, Vic 3073

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