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Gross Waddell ICR proudly presents for sale 231-233 Spring Street, Reservoir, a substantial 1,369sqm rectangular landholding* with a wide 30.4m frontage, the site offers excellent flexibility for townhouse, apartment, childcare or medical development (STCA).
Located in Reservoir - one of Melbourne’s fastest growing northern suburbs- the site benefits from proximity to Reservoir Station, High Street retail, schools, medical facilities and major arterials, ensuring strong end-user demand.
Key Highlights:
• Permit approved for fifteen (15) well-designed townhouses
• Expansive 1,369sqm* rectangular landholding with 30.4m* frontage
• Potential for alternative development outcomes including townhouses, childcare and more (STCA)
• Wide frontage with a minimal site gradient, providing construction efficiency
• Zoned RGZ3 (Residential Growth Zone) supporting medium–high density (STCA)
• Two existing dwellings with short-term income-generating potential
• Prime location in a high-growth northern suburb with excellent amenity
The property is for sale by Expression of Interest closing on Wednesday, 3rd December 2025 at 3:00 pm.
For more information, please contact the exclusive selling agents.
*approx
Remember to mention you found this property on DevelopmentReady
Gross Waddell ICR proudly presents for sale 231-233 Spring Street, Reservoir, a substantial 1,369sqm rectangular landholding* with a wide 30.4m frontage, the site offers excellent flexibility for townhouse, apartment, childcare or medical development (STCA).
Located in Reservoir - one of Melbourne’s fastest growing northern suburbs- the site benefits from proximity to Reservoir Station, High Street retail, schools, medical facilities and major arterials, ensuring strong end-user demand.
Key Highlights:
• Permit approved for fifteen (15) well-designed townhouses
• Expansive 1,369sqm* rectangular landholding with 30.4m* frontage
• Potential for alternative development outcomes including townhouses, childcare and more (STCA)
• Wide frontage with a minimal site gradient, providing construction efficiency
• Zoned RGZ3 (Residential Growth Zone) supporting medium–high density (STCA)
• Two existing dwellings with short-term income-generating potential
• Prime location in a high-growth northern suburb with excellent amenity
The property is for sale by Expression of Interest closing on Wednesday, 3rd December 2025 at 3:00 pm.
For more information, please contact the exclusive selling agents.
*approx
Remember to mention you found this property on DevelopmentReady
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