Watch Watch
Your home of Development Ready videos
Watch Watch
Back
Sold Check

31 Wattle Grove, RESERVOIR, VIC 3073

31 Wattle Grove, RESERVOIR, VIC 3073

Reservoir

×
Sold Check
+2 Photos
31 Wattle Grove, RESERVOIR, VIC 3073

31 Wattle Grove, RESERVOIR, VIC 3073

Properties / Sold / Victoria / Reservoir
Development Potential
Property Type
Residential
Land Area
540 m² (*approx)
LGA
Darebin City
Selling Method
Auction: Sale
Show All
Unlock the huge potential in this perfect pocket of Reservoir

This well positioned 540 sqm approx. block comes paired with a richly rewarding future. A desirable canvas on which to create a thrilling family masterpiece, the position is also ideal to build a deluxe development (STCA).It is also boasting two three-bedroom homes on the one title, you'd be hard pressed to find a better investment option or home for your entire family in a prized lifestyle pocket.

Line your pockets with two income streams by putting one or both properties up for rent, while the benefits of two separate dwellings means you can live harmoniously with extended family members whilst maintaining a high degree of privacy and independence.

The front single-level unit is generously proportioned with a bright living area on entry, tiled open-plan meals/kitchen area, separate laundry and three spacious bedrooms serviced by a main family bathroom. And with timber flooring throughout, there's scope to enhance the original interior with a contemporary touch.

The rear townhouse, meanwhile, also boasts a spacious three-bedroom, one-bathroom layout with a large carpeted living area (with split-system heating/cooling) and separate open-plan meals/kitchen area (with modern stainless steel appliances) zoned downstairs.

Complete with a generous grassed backyard, plenty of storage space, ample off-street parking, potential to add your own touch and a dream lifestyle location within a short stroll of Regent Village and Edwardes Street shops and cafes, the No.11 tram, Reservoir West Primary School, Edwardes Lake Park, bus services, medical centres and Regent and Reservoir train stations, this red-hot piece of real estate has future-proof investment written all over it!

So be quick to secure this rare opportunity!

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

31 Wattle Grove Development Site Summary

Property Type
Residential
Land Area
540 m² (*approx)
Darebin City
Selling method
Auction: Sale

Development Site Highlights

Unlock the huge potential in this perfect pocket of Reservoir

This well positioned 540 sqm approx. block comes paired with a richly rewarding future. A desirable canvas on which to create a thrilling family masterpiece, the position is also ideal to build a deluxe development (STCA).It is also boasting two three-bedroom homes on the one title, you'd be hard pressed to find a better investment option or home for your entire family in a prized lifestyle pocket.

Line your pockets with two income streams by putting one or both properties up for rent, while the benefits of two separate dwellings means you can live harmoniously with extended family members whilst maintaining a high degree of privacy and independence.

The front single-level unit is generously proportioned with a bright living area on entry, tiled open-plan meals/kitchen area, separate laundry and three spacious bedrooms serviced by a main family bathroom. And with timber flooring throughout, there's scope to enhance the original interior with a contemporary touch.

The rear townhouse, meanwhile, also boasts a spacious three-bedroom, one-bathroom layout with a large carpeted living area (with split-system heating/cooling) and separate open-plan meals/kitchen area (with modern stainless steel appliances) zoned downstairs.

Complete with a generous grassed backyard, plenty of storage space, ample off-street parking, potential to add your own touch and a dream lifestyle location within a short stroll of Regent Village and Edwardes Street shops and cafes, the No.11 tram, Reservoir West Primary School, Edwardes Lake Park, bus services, medical centres and Regent and Reservoir train stations, this red-hot piece of real estate has future-proof investment written all over it!

So be quick to secure this rare opportunity!

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

31 Wattle Grove, RESERVOIR, VIC 3073

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 31 Wattle Grove, RESERVOIR, VIC 3073

One moment please.

Retrieving map...

Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
31 Wattle Grove, RESERVOIR, VIC 3073 Reservoir