Land Size: 584sqm (approx.)
Frontage: 15.2 metres (approx.)
Zoning: Residential Growth Zone - Schedule 3 (RGZ3)
A rare and exciting opportunity exists to secure a prime parcel of land in one of Reservoir's most rapidly evolving precincts. Perfectly positioned in a quiet, established
street, this exceptional vacant allotment of approximately 584 square metres offers astute buyers and visionary developers a blank canvas brimming with potential-and
the added advantage of a current endorsed planning permit.
Boasting a highly desirable flat, rectangular profile with an impressive frontage of 15.2 metres, the property falls within the sought-after Residential Growth Zone - Schedule 3.
This zoning encourages medium to higher-density development outcomes, making it ideal for those looking to capitalise on the area's strong growth trajectory through
townhouse, multi-unit, or apartment projects (STCA).
The existing endorsed planning permit allows for the immediate construction of three generously sized 3-bedroom townhouses:
• Unit 1: 18 squares (approx.)
• Unit 2: 17 squares (approx.)
• Unit 3: 16 squares (approx.)
Whether you're a seasoned developer, strategic investor, or an aspiring homeowner seeking to build or customise a future-focused development, 10 Autumndale Avenue
presents a truly compelling opportunity. The site's generous dimensions, optimal configuration, and planning approval provide the ideal foundation for a successful
project.
Positioned for supreme convenience, this superb landholding is located within close proximity to Reservoir Train Station, Edwardes Lake Park, Reservoir Village shopping
precinct, a selection of esteemed primary and secondary schools, and excellent public transport networks. Easy access to major arterials ensures seamless connectivity to
Melbourne's CBD and surrounding suburbs.
Key Attributes:
- Significant landholding of 584sqm (approx.) with a wide 15.2m frontage
- Endorsed planning permit for 3 x 3-bedroom townhouses (18sq, 17sq, 16sq approx.)
- Flat, rectangular block ideal for efficient development and construction
- Zoned RGZ3, encouraging medium to high-density residential development (STCA)
- Located close to transport, parks, schools, shops, and lifestyle amenities
- Surrounded by new and established homes in a fast-developing neighbourhood
- Outstanding opportunity for developers, investors, or those creating a bespoke family residence
Opportunities of this calibre in established inner-northern locations are increasingly rare. Secure your future today with a shovel-ready development site offering endorsed
plans and unmatched potential in a thriving growth corridor.
The size of Reservoir is approximately 18.9 square kilometres. It has 45 parks covering nearly 8.8% of 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 28,941 properties. Over the last 5 years, Houses in Reservoir have seen a 19.99% increase in median value, while Units have seen a 15.48% increase. As at 30 November 2025:
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