1/51 Lane Cres, Reservoir is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 212m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in January 2024.
*Sale by Set Negotiation *
Enhance your standard of living with style and convenience with this position-perfect two-bedroom unit in the heart of Reservoir!
With the bustling Broadway dining and shopping strip, Reservoir Leisure Centre, Reservoir train station and bus services a short walk away and excellent local schools, La Trobe University, Plenty Road trams and the Darebin Creek Trail within close proximity, the five-star location easily caters to the lifestyle needs of a host of buyers.
Presented in sparkling condition with low-maintenance gardens and its own street frontage, this bright and stylish single-level unit also represents a solid blue-chip investment for the value-chasing investor.
Contemporary flooring, an open kitchen with stainless steel appliances and a smart indoor-outdoor design enhance the modern character of the radiant open-plan living area, while two generous-sized bedrooms (both with carpeted flooring and built-in robes) and a bright modern bathroom are zoned for privacy and comfort.
Climate-controlled with split-system heating/cooling, this fantastic starter, downsizing option or investment also features ample storage, European laundry and a single carport.
Due diligence checklist for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist
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 29,151 properties. Over the last 5 years, Houses in Reservoir have seen a -0.25% decrease in median value, while Units have seen a 10.34% increase. As at 31 July 2026:
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