56 Blake Street, Reservoir, VIC 3073 | Townhouse for sale | OnTheHouse
 
FOR SALE
AUCTION $700,000 - $770,000

56 Blake Street
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 198m2
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Auction Time
Sat 3 Oct 11:00 am
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No upcoming inspections scheduled.
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Spacious Living, Exceptional Convenience

Set in a convenient and well-connected pocket of Reservoir, 56 Blake Street presents an excellent opportunity to secure a well-proportioned three-bedroom home on its own title, with the added benefit of no body corporate fees. Offering a functional two-level layout, the property combines generous living spaces, spacious bedrooms and a private outdoor area to create a comfortable and practical home.
Upon entry, the home is immediately enhanced by a large living area, providing a comfortable space for everyday living and relaxation. The living area flows through to the open-plan dining and kitchen zone, creating a cohesive space for meals and entertaining. The kitchen is well positioned within the layout, maintaining a natural connection to the dining and living areas, while the adjoining outdoor space provides a tranquil setting to enjoy throughout the year.
The upper level comprises three generously sized bedrooms, offering excellent accommodation for families, couples or those requiring additional space. All bedrooms are conveniently serviced by a central bathroom, with the layout providing a clear separation between the private accommodation upstairs and the main living areas below.
Adding further appeal is the property's own-title ownership, providing the freedom of a standalone title without the ongoing expense of body corporate fees. This is an important advantage for buyers seeking greater independence and reduced ongoing ownership costs, while also making the property an attractive proposition for both owner-occupiers and investors.
The location provides excellent access to a range of everyday amenities and transport options. Northland Shopping Centre is within close proximity, offering an extensive selection of retail, dining and essential services. Multiple bus routes are readily accessible for a short commute to Regent Station, while Tram 86 along Plenty Road provides convenient connections to surrounding suburbs and Melbourne's CBD.
Combining a spacious three-bedroom floorplan, a large living area, open-plan kitchen and dining, a tranquil outdoor setting and the significant benefit of its own title with no body corporate fees, 56 Blake Street offers a compelling opportunity in a highly accessible Reservoir location. A property offering both practicality and convenience, it is well worth inspecting.
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Property Details for 56 Blake St, Reservoir

56 Blake St, Reservoir is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces. The property has a land size of 198m2. The place is currently for sale with Ray White Preston.

Building Type
Townhouse
Land Size
198m2
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About Reservoir 3073

The size of Reservoir is approximately 18.9 square kilometres. There are 45 parks, covering nearly 8.8% of the total area. The population of Reservoir in 2016 was 50474 people. By 2021 the population was 51096 showing a population growth of 1.2% in the area during that time. The predominant age group in Reservoir is 30-39 years. Households in Reservoir are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Reservoir work in a professional occupation.In 2021, 59.90% of the homes in Reservoir were owner-occupied compared with 59.30% in 2016.

Reservoir has 29,145 properties. Over the last 5 years, Houses in Reservoir have seen a -3.25% decrease in median value, while Units have seen a 9.27% increase. As at 31 August 2026:

  • The median value for Houses in Reservoir is $936,038 while the median value for Units is $652,602.
  • Houses have a median rent of $600 while Units have a median rent of $540.
There are currently 122 properties listed for sale, and 96 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1154 properties were sold in the past 12 months in Reservoir.

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Ian Dempsey
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Anthony Pasinetti
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Ray White Preston
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