915 High Street, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

915 High Street
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 2
Car spaces: -
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Property Details for 915 High St, Reservoir

Building Type
Land
Year Built
2009
Local Government
Darebin
Lot/Plan
2/PS735774

Last Listing description (May 2023)

Development Site with Approved Plans and Permits

Zoned Commercial 1

Situated on a generous corner allotment of 854m2, this rare opportunity comes with approved plans and permits for a 4 storey mixed-use development comprising of:

- 2 x large commercial/restaurant tenancies;

- 10 x three bedroom townhomes of house-like proportions; and
- Plenty of onsite parking.

Each townhome features 3 generously sized bedrooms (all with robes) and 2 bathrooms and onsite secured parking. The open-plan living and dining area along with the full-width terrace creates a space perfect for the entertainer or growing families. The 3 bedrooms spaced across 2 levels provides a great sense of privacy, with the top-floor master bedroom also providing beautiful skyline views.

In addition, 2 commercial/restaurant premises located on the ground floor benefit from unrivalled exposure to vehicle and foot traffic along High Street. Both premises are incredibly spacious with an internal floor area of 186m2 and 221m2 and onsite parking and provide flexibility for various uses including as a restaurant, cafe, office, supermarket and many other options.

The site is conveniently located within a few minutes walk from the newly-upgraded Reservoir Station, Edward Street and Broadway shops (including Coles and IGA) and only moments away from other key amenities including Ruthven Station, Preston Market and Northland Shopping Centre. Prime investment opportunities such as these are rare and not to be missed!

A range of documents including architectural plans, approved permits and several other consultant reports are available upon request.

For further information or to request for the relevant documents, please contact Abraham Kalamouni 0400 506 219 or Joe Ledda 0418 176 858 of Hocking Stuart Preston.

Property History for 915 High St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$1,800,000
01 Nov 2021
  • 29 May 2023
    Listed for Sale $1,950,000 - 2,100,000
  • 11 Dec 2022
    Listed for Rent $346 Per Week
  • 05 Nov 2021
    Sold for $1,800,000
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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 29,147 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:

  • The median value for Houses in Reservoir is $949,204 while the median value for Units is $650,197.
  • Houses have a median rent of $600 while Units have a median rent of $538.
There are currently 123 properties listed for sale, and 108 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1181 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.