18 Banff Street
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About this property
Set on an impressive 1,063m² (approx.) parcel of land, this triple-fronted brick home presents an outstanding opportunity for developers, renovators, investors, or those looking to build their dream home (STCA). Offered in largely original condition, the home comprises three well-proportioned bedrooms, a central bathroom, separate toilet, and a welcoming entrance hallway leading to a spacious lounge and separate dining area. The functional kitchen incorporates a generous dining area, while an additional family sunroom provides extra room to relax and unwind. Outside, the possibilities continue with a substantial brick garage that easily accommodates two vehicles, along with a workshop, storage sheds, and excellent rear access. The block's wide rear section further enhances its future potential. Comfort is ensured with ducted heating, evaporative cooling, and a classic terracotta tiled roof, while the expansive landholding offers endless scope to renovate, extend, redevelop, or start anew (STCA).Positioned in a sought-after Reservoir location close to schools, shops, transport, and parklands, this is a rare opportunity to secure a substantial landholding with exciting prospects for the future. Land size: 1063m2 Deposit: 10% of the purchase price Settlement preference: 30/60 days Rental assessment: $500-$550 per week
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 2
- Land Area
- 1063 m²
- Listed
- 1 month ago
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Neighbourhood
Living in Reservoir
This 3-bedroom house in Reservoir, VIC 3073 sits within reach of public transport, local shops and nearby schools. It is listed 17% above the $770,000 median of 59 comparable houseswithin 5 km.
Schools near Reservoir
- Northern School For Autismcombined · U · CoEd
- Holy Name Schoolprimary · Prep-6 · CoEd
- Maharishi School of the Age of Enlightenmentprimary · Prep-6 · CoEd
- Reservoir East Primary Schoolprimary · Prep-6 · CoEd
- Reservoir Primary Schoolprimary · Prep-6 · CoEd
- Reservoir Views Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Unnamed (bus) — 578 m away
- Happy Anna — 1.4 km away
- Atkinson Reserve — 296 m away
- I.W. Dole Reserve — 432 m away
- Frank Allen Arthur Dunstan Reserve — 581 m away
Reservoir at a glance
Full suburb profile- Population
- 51,096
- Median age
- 38
- Household income
- $1,541/wk
- Median rent
- $360/wk
- Median mortgage
- $1,986/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Reservoir price trend
Median sold · House 3 bed
Compound growth -0.6% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Reservoir marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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