Character Home on Expansive Land with Approved Development Plans
Set on a large parcel of land measuring 684 m² approx., 22 Winter Crescent presents a remarkable opportunity for a wide range of buyers. Whether you're looking to secure a family home, make a sound investment, or embark on a development project, this property has all the elements for success. Located in one of Reservoir's most sought-after pockets, moments away from schools, shops, cafes, and restaurants, this home offers both character and potential.
The existing three bedroom, one bathroom home is brimming with charm. Timber boards run throughout the house, giving it a classic feel, while the updated bathroom and kitchen provide a fresh, modern touch. The open and functional layout ensures comfortable living for families or tenants, with plenty of natural light flowing through the home.
One of the standout features of this property is the size of the block. With a generous 684 m² of land, there is ample space for outdoor activities, gardening, or future development. In fact, the property comes with approved plans and permits for the construction of a three bedroom, two bathroom townhouse at the rear, making this an ideal option for developers or those looking to add value. The potential to generate rental income from a second dwelling, or accommodate extended family members, further enhances the appeal.
The location of 22 Winter Crescent is another key selling point. Positioned in a thriving part of Reservoir, you'll enjoy easy access to all the local amenities. Quality schools are just a short walk or drive away, making it an ideal location for families. Meanwhile, the vibrant local shopping precinct, complete with trendy cafes and restaurants, ensures that everything you need is right at your fingertips. With excellent transport links and proximity to parks and recreational facilities, this address offers convenience and lifestyle in equal measure.
Whether you're a homebuyer searching for the perfect place to settle down, an investor looking for a high-growth area, or a developer eager to take advantage of the existing plans and permits, 22 Winter Crescent is a property that ticks all the boxes. Its combination of character, potential, and prime location make it an exceptional opportunity in Reservoir's booming market.
Don't miss out on securing this versatile property. Contact us today to arrange an inspection and explore the possibilities that await at 22 Winter Crescent.
Land size: 684m2 approx.
Deposit: 10% of the purchase price
Settlement: 30/60 days
Rental assessment: $500-$550 per week
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