42 Willoughby Street, Reservoir VIC 3073

Set yourself up for future success with this potential-packed three-bedroom home in a prized heart-of-Reservoir location.

With modern residential developments blossoming in every direction, you have a chance to contribute to the modernising streetscape with your own trendy development, whether it be a collection of stylish single-level units, luxury townhouses or your dream lifestyle home (STCA) on a fantastic 676sqm (approx.) block.

Thanks to the neat and tidy presentation of the existing single-level home, you could move straight in and enjoy the current-day picture of charm or enhance the bright interior with a modern touch.

Loads of space and light are hallmarks of the welcoming formal lounge/dining, which flows through to a well-appointed kitchen that's perfectly serviceable from an investor's standpoint.

Three generous-sized bedrooms flow off the central hallway and are serviced by a main family bathroom, while a freestanding bungalow featuring a separate living with provisions for a kitchenette, central bedroom and large rear storage area can be updated for use as guest accommodation or a passive income earner.

Complete with a huge grassed backyard, separate laundry, ample off-street parking and split-system heating/cooling, it's a smart value-packed buy within easy walking distance of Edwardes Street shops and cafes, bus services, Reservoir train station, medical centres, St Gabriel's Primary School and Edwardes Lake Park.