Rare Development Opportunity on 1447m2 approx.

1 - 3 Nicholson Avenue, Reservoir, 3073

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Contact for PriceFor Sale
  • Ownership Type House
  • Property Area 1,447 sqft
  • Bedrooms 3
  • Bathrooms 1
  • Furnished No
  • Last Updated 3rd Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

Please register your interest for this property so that we can ensure you are included in the Auction and/or contacted in the event the property is going to be sold prior to the Auction Saturday 17th April at 1:00pm. Please contact us via email or phone to speak about your options to inspect this property. Thank you

Endorsed Town Planning Approved this ten townhouses project in Reservoir's growth corridor in a prime location on a generous 2 parcels of land. Total area 1447m2 approx. and a street frontage of approx. 30.23 metres which designed for affordable re-sales making for a safe and bankable profit return.

This enormous site permit to construct 10 spectacular new 2/3-level townhouses. Along with architectural plans and a range of other reports already completed, the dwellings include a selection of floorplans to suit any number of buyer requirements ranging in total size from 13.7sq to 21.88sq. Mutual features of each townhouse include 2-4 generous bedrooms along with an open-plan living/dining area and adjoining kitchen leading out to a full-width terrace.

This exceptional project has been offering as follows,

Townhouse 1 2 beds 2 baths 1 balcony 1 garage 13.7sq
Townhouse 2 4 beds 2 baths 1 balcony 2 garages 20.77sq
Townhouse 3 4 beds 2 baths 1 balcony 2 garages 20.20sq
Townhouse 4 4 beds 3 baths 1 balcony 2 garages 21.88sq
Townhouse 5 2 beds 1 baths 1 balcony 1 garage 16.76sq

Townhouse 6 3 beds 3 baths 2 garages 18.80sq

Townhouse 7 2 beds 2 Livings 3 baths 2 garages 19.34sq
Townhouse 8 2 beds 2 Livings 2.5 baths 2 garages 18.77sq
Townhouse 9 2 beds 2 Livings 3 baths 2 garages 19.20sq
Townhouse 10 3 beds 3 baths 2 garages 19.53sq

The location offers all the right ingredients for a successful venture. Situated opposite to the Summerhill shopping complex (24hour K-mart). Only minutes to the Reservoir East Primary School, Reservoir High School, the Darebin Creek Trail and Plenty Road trams, which provides a quick and easy commute to La Trobe and RMIT universities, As does live within moments of Bundoora Park Public Golf Course, Northland Shopping/Cafe precinct, High Street bars & cafes.

*Nelson Alexander Update*

All Nelson Alexander open for inspections and auctions are conducted in accordance with the latest government guidelines. We may request you to wear a mask, use hand sanitiser, refrain from touching any items/fixtures and doors and ask you to provide your contact details. We appreciate your assistance.

Location on Google Map

1 - 3 Nicholson Avenue, Reservoir, 3073

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