Welcome to your dream home in one of Reservoir's most coveted neighbourhoods! Situated on an expansive 705sqm approx. parcel of land, this property offers unparalleled potential. Whether you're a homeowner seeking a stylish new abode, or you're an investor looking to capitalize on the 6 modern townhouses with existing Council endorsed plans and permit, this property has something for everyone. The prime location of this property offers an array of local amenities, ensuring a convenient and fulfilling lifestyle for residents. Enjoy easy access to Reservoir Railway Station, making commuting a breeze. Families will appreciate the proximity to Reservoir Views Primary School and Reservoir High School, providing excellent educational options. For the little ones, Goodstart Early Learning Reservoir is just around the corner, ensuring convenient childcare solutions for busy parents. Reservoir Leisure Centre is just about 5 mins walk across Broadway with also the TW Andrews Reserve playground and Preston Reservoir Swimming Club and cycling club around. The original weatherboard home is a true gem, boasting exquisite period features with high ceilings, polished boards, ornate decors, and a delightful bay window that floods the space with natural northern lights. With four bedrooms, there's ample space for the whole family to spread out, relax or working from home. The ensuite in the master bedroom, the bathroom and the separate powder room offers modern convenience, while the luxurious four-car garage provides plenty of room for vehicles and storage. In addition, the blue stone high fence with the automatic roller door for the driveway provides even more spaces for parking and with more security. Outside, the expansive land parcel offers endless possibilities. Whether you envision a lush garden oasis, outdoor entertaining/BBQ area, or additional amenities, the choice is yours. Don't miss out this rare opportunity to secure your slice of paradise in Reservoir. Whether you're looking to create your dream lifestyle or embark on a lucrative investment venture, this property ticks all the boxes. Contact us today to arrange a viewing and make this prime Reservoir address yours!