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751 Plenty Road

Reservoir, VIC 3073, Australia
3 bed 2 bath 1 car724m²

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Based on recent comparable sales in Reservoir

+6.2% suburb growth over 12 months
🏫
8.4/10
Schools
🚇
87/100
Walk Score
📈
+6.2%
Growth
🛡️
9.1/10
Safety

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About this property

Jake Popalis proudly presents ... Opportunities of meaningful scale with genuine development readiness are often difficult to secure. This substantial holding of approximately 724 sqm presents a considered and strategic prospect for those seeking to create lasting value through well-planned redevelopment. The existing dwelling on site is slated for removal, clearing the way for redevelopment. Importantly, town planning approved plans and permits are already in place for the construction of two contemporary townhouses and nine well-designed apartments, providing a streamlined pathway to deliver a thoughtfully planned multi-residential outcome. Townhouse 1 - Conventional Living - 2 Bed - 2 Bath - 1 Car Townhouse 1 - Reverse Living - 2 Bed - 2 Bath - 1 Car Apartment 1 - 2 Bed - 1 Bath - 1 Car Apartment 2 - 2 Bed - 1 Bath - 1 Car Apartment 3 - 1 Bed - 1 Bath - 1 Car Apartment 4 - 1 Bed - 1 Bath - 1 Car Apartment 5 - 2 Bed - 1 Bath - 1 Car Apartment 6 - 2 Bed - 1 Bath - 1 Car Apartment 7 - 1 Bed - 1 Bath Apartment 8 - 1 Bed - 1 Bath Apartment 9 - 2 Bed - 1 Bath - 1 Car With groundwork complete and approvals secured, this development opportunity significantly reduces holding risk and planning uncertainty. Whether you are expanding your portfolio or undertaking your next boutique project, this offering combines scale, town planning approval certainty, and exceptional future potential in one strategic acquisition. Highlights : Approximately 724sqm landholding Existing dwelling slated for removal Plans and permits secured Two townhomes and nine apartments approved Streamlined pathway to construction Reduced holding and planning risk Ideal for developers and investors Excellent local connections Minutes to Reservoir Train Station All property information has been provided to Ray White by third parties. While Ray White strives for accuracy, we have not verified this information and do not guarantee its accuracy or completeness. Interested parties should conduct their own inquiries regarding this property.

Property Features

    Location & Nearby

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    AI Neighbourhood Insights

    🏫
    8.4/10
    School Rating
    Top catchment
    🚇
    87/100
    Walk Score
    Very walkable
    📈
    +6.2%
    Capital Growth
    Last 12 months
    🏡
    1.4%
    Vacancy Rate
    Very low
    🛡️
    9.1/10
    Safety Score
    Very safe
    8.8/10
    Lifestyle Score
    Excellent amenities

    Within 5km

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