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856 High Street, Reservoir, Vic 3073-Image For Sale
856 High Street, Reservoir, Vic 3073-Image 856 High Street, Reservoir, Vic 3073-Image 856 High Street, Reservoir, Vic 3073-Image 856 High Street, Reservoir, Vic 3073-Image 856 High Street, Reservoir, Vic 3073-Image 856 High Street, Reservoir, Vic 3073

856 High Street, Reservoir, Vic 3073

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Residential Land
Type
838 m²
Area

Last updated on Friday, June 12, 2026 ( See property details for 856 High Street, Reservoir, Vic 3073)

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Harry Kontossis - Real Estate Agent - Barry Plant - Reservoir
Harry Kontossis Director, Auctioneer, Licensed Estate Agent
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Auction Saturday 27 June at 12:00 pm | View All

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

Prime corner residential land in Reservoir offering excellent development potential with convenient amenities nearby.

🏡 Property Highlights

  • Large 838 m² residential development site with potential for units or townhouses
  • Excellent corner location on High Street with rear lane access
  • Walking distance to Reservoir Station and major shopping precincts
  • No easements or covenants, offering flexible development options
  • Zoned under General Residential – Schedule 2 (GRZ2), suitable for multiple dwellings
  • Ideal for developers and builders seeking a prime development opportunity

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Dual Living
  • Outdoor Area
  • Secure Parking
  • Home Office / Study
  • Balcony
  • Swimming Pool
  • Garage
  • Air Conditioning

Reservoir is a vibrant suburb renowned for its excellent transport links, diverse shopping options, and community amenities. It offers a mix of residential living with easy access to Melbourne’s CBD. The area features parks, schools, and a growing development scene, making it ideal for families and investors alike. Its strategic location on the corner of High Street provides both convenience and development flexibility. With a strong local vibe and ongoing growth, Reservoir remains a sought-after suburb for property investment and lifestyle.

What types of development are permitted on this site?
The site is zoned under General Residential – Schedule 2 (GRZ2), allowing for the construction of units or townhouses (STCA).
Is there any existing easement or covenant on the land?
No, the property has no easements or covenants, providing maximum flexibility for development.
What are the key advantages of this location?
The property is within walking distance to Reservoir Station, shopping precincts, and amenities, offering excellent connectivity and convenience.
Can I build multiple dwellings on this land?
Yes, the zoning and size of the land make it suitable for multiple dwellings such as units or townhouses, subject to council approval.
What is the land size and dimensions?
The land area is approximately 838 m², measuring 18.35 meters by 45.7 meters.
Are there any planning or development restrictions specific to this site that could affect my project? What are the potential costs associated with connecting utilities and services to the land? Are there any upcoming zoning changes or council plans that could impact the property's value? Is there any history of flooding or environmental issues on or near the site? Are there any nearby construction projects or developments that could cause noise or disruption?

856 High Street, Reservoir, Vic 3073 - More Details

Contact Agent

Type
Residential Land
Area
838 m²

Price guide

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Auctions

  • 856 High Street, Reservoir, Vic 3073

    Saturday 27 June
    12:00 pm
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