1/16 Cool St, Reservoir is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces. The property has a land size of 201m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in December 2018.
Modern class with Preston-edge convenience, this brand-new townhouse is set to deliver a sensational lifestyle experience with its intelligent design, premium inclusions and close proximity to the area's key attractions. Vogue interior showcases three bedrooms (large master with WIR, deluxe ensuite and private balcony with city-skyline views), equally-stylish main bathroom and guest powder room (third WC). Add to this an expansive open-plan living/dining area accompanied by a sleek stone-bench kitchen with tiled splashbacks and stainless steel appliances. Other stand-out features include ducted heating and evaporative cooling, alarm and video intercom as well as solid European Oak hardwood floors, stylish matt-black fittings, double-glazed windows all-round and data cabling throughout, full laundry and large under-stair storeroom. Double sliding doors (from the living area) reveal a sunny courtyard complete with decked entertaining area, plus the added advantage of a remote-control double garage with internal entry. Walking distance to Coburg Hill Shopping Centre, Regent Village cafes and Gilbert Road trams, it's also close to local parks and schools, as well as easy access to High Street shopping precinct and Preston Market.
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 28,995 properties. Over the last 5 years, Houses in Reservoir have seen a 6.60% increase in median value, while Units have seen a 14.29% increase. As at 30 April 2026:
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