18 Nisbett Street, Reservoir.

18 Nisbett Street, Reservoir – 581m² (Approx.) of Exceptional Potential Set on a generous 581m² (approx.) allotment, this traditional family home presents an outstanding opportunity for homeowners, developers, or investors seeking space, versatility, and growth. Perfectly positioned on the border of Preston and Reservoir, it combines immediate comfort, investment potential, and a prime location. Property Highlights: - Generous Allotment & Thoughtful Layout: 581m² (approx.) block with a layout designed to maximize comfort, privacy, and functionality. Multiple communal outdoor spaces add flexibility for entertaining or future development. - Functional Family Home: 2 well-sized bedrooms, central bathroom, separate laundry, and multiple living/dining areas provide a practical foundation for modern living. - Outdoor Entertaining: Extensive covered outdoor area, deep backyard, large carport, and secure garage/storage-ideal for family gatherings, play, or potential enhancements. Investment & Development Potential: - Renovate to create a modern family home - Dual-occupancy or multi-unit redevelopment (STCA) - Strong potential for long-term capital growth and rental returns - Visitor parking included for future development projects. Prime Location & Lifestyle Convenience: - Moments from Summerhill Shopping Centre, Northland Shopping Centre, and Preston Market - Close to La Trobe University, Tram 86, and Regent Train Station - Proximity to schools, parks, and public transport ensures lifestyle convenience for families or tenants. - Endless Possibilities: This rare property offers the chance to create a truly unique and stunning community, combining practical living, investment potential, and development opportunities. - Immediate Comfort: Live in or lease while planning future renovation, extension, or redevelopment (STCA). This is a rare opportunity at the border of Preston and Reservoir. With space, strategic location, and versatility, 18 Nisbett Street is perfectly positioned for those seeking an exceptional investment opportunity or the chance to craft a unique and thriving community.