196-198 Albert Street, Reservoir, Vic 3073

Presenting 196-198 Albert Street Reservoir, a rare double block opportunity. 

•	Recently approved permit for a boutique luxury development in a sought-after area
•	Landholding of approximately 1,220 sqm with 2 street frontages under 2 titles
•	Reservoir is a suburb with high demand and increasing median house prices (source REIV)
•	Development includes 10 townhouses, predominantly 3-bedroom dwellings
•	Each townhouse features multiple living spaces and private outdoor areas
•	Located near Preston & Heidelberg, suburbs with rising median house prices
•	Close to retail at Preston Northland and amenities in both Reservoir and Preston
•	Accessible to Preston, Reservoir trains, trams, and buses, and approximately 15 minutes to the CBD
•	Nearby schools include Reservoir East Primary School, Thornbury High School, Reservoir High School, and Reservoir Views Primary School. A childcare centre is located next door

The properties are currently tenanted and generating rental income.

For investors, builders, and developers, the vendors will provide:
•	Working Drawings
•	Structural Engineering & Comps
•	Drainage Design
•	LPOD & SDO
•	Soil Test
•	6 Star Energy Rating at the time of settlement