Repriced to Sell- 651 sqm RGZ3 Corner Development Opportunity with Rear Laneway (STCA)!

Set on a 651sqm (approx.) corner allotment with 17.1m frontage (approx.) and valuable rear laneway access, this is a rare opportunity to secure a prime development site within a high-growth Reservoir location.

Zoned Residential Growth Zone – Schedule 3 (RGZ3), the site supports medium to high-density development (STCA). The corner position and laneway access remove the need for a common driveway, allowing for potential individual titles and improved design efficiency.

The existing dwelling provides holding income while planning approvals are explored.

Ideally located close to Broadway shopping precinct, Reservoir Train Station, schools, parklands and major arterials, this is a strategic acquisition for developers and investors seeking strong long-term returns.

EXPRESSION OF INTEREST- 31st MARCH 2026 - Price Reduced- Vendor Committed to Sell

Click here for the Consumer Affairs Victoria Due Diligence Checklist for Home Buyers