40 Purinuan Rd, Reservoir is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 356m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 3 bedroom House sold in Reservoir in the last 12 months.
Monarch Estate Agents proudly presents 40 Purinuan Road, Reservoir VIC a neatly presented corner block home offering comfort, convenience, and solid investment appeal.
Located in the ever-popular suburb of Reservoir, this property sits within the GW1 Growth Zone, presenting excellent potential for future development (STCA). Perfectly positioned close to parklands, schools, transport, and shopping hubs its a rare find with strong long-term value.
Currently tenanted until 24 March 2027, this home is an ideal opportunity for investors seeking immediate returns with long-term security. The property is achieving $500 per week ($2,173 pcm), increasing to $520 per week ($2,260 pcm) in its second year.
Featuring:
- Three large bedrooms, two with BIRs with wall to wall floorboards.
- Central bathroom with shower, separate bathtub, and additional separate toilet
- Spacious light-filled living room with heating and cooling for year-round comfort
- Well-equipped kitchen with gas stove top, separate oven and grill, plenty of storage space and adjoining meals/dining area
- Ceiling fans throughout and polished timber floors for a touch of elegance
- Separate laundry room and single car carport for added convenience
- Positioned on a corner block, adding extra appeal for future possibilities
Offering:
- 5-minute walk to bus services for easy commuting
- 5-minute walk to Darebin Creek Trail and Bundoora Park
- 5 minutes from Ruthven Train Station
- 5 minutes from La Trobe University
- Close to Reservoir Views Primary School & JC Donath Reserve
- Broadway shopping and caf precinct within walking distance
- 5 minutes from Polaris Shopping Centre in Bundoora and 10 minutes from Northland Shopping Centre
- Located within the GW1 Growth Zone future development potential (STCA)
With secure tenancy, a prime corner position, and a location that offers both lifestyle and potential, this home wont stay on market for long.
Contact Mary Today!
***DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information, but it does not constitute any representation by the vendor or agent. All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation by the vendor or agent. Photos are to be used as a guide only ****
Please see the below link for an up-to-date copy of the Due Diligence Checklist:
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 29,150 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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