Lot 1 - Arcadia - Reservoir

Description

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Nestled within the heart of Reservoir, Arcadia boasts ten exceptional townhouses, radiating modern elegance across its two-bedroom double-storey homes, while providing abundant space and luxury within its three-bedroom triple-storey residences. Embraced by expansive green areas, outstanding educational establishments, and abundant shopping options, Arcadia masterfully combines urban living and suburban connectivity. With easy access to the vibrant pulse of Melbourne’s CBD, there are an abundance of fantastic local amenities and recreation options in the family-friendly suburb of Reservoir. 

- 3kms from Reservoir Train Station 

– with easy access into Melbourne's CBD

- 4kms from the esteemed LaTrobe University & 8kms to RMIT Bundoora Campus

- 4kms from Edwardes Lake Park – a very popular park with a lake, walking tracks, and picnic areas for the family

- 5 mins from Reservoir Village Shopping Centre: featuring supermarkets, cafes, restaurants, and specialty stores

- 2kms from Reservoir Leisure Centre: Offering fitness facilities, pools, and group exercise classes

- 10kms from Northern Hospital

• Property Type: FIRBTown House/UnitSMSF Single Contract
• Property Stage: N/A
• Price: $ 688,000.00
• Land Price: N/A
• Build Price: N/A
• Beds: 2
• Bath: 2
• Garage: 1
• Storey: 2
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: 1
• Floor Plan: N/A
• Completion: March 2025
• Land Size: 154.33
• Area Size: 121.00
• Year Built: N/A
• Est. Rates: 1500
• Est. Rent PW: 400.00
• Est. Body Corp.: 1300
• Title Status: N/A
• Gross Per Week: $ 400.00
• Gross Per Annum: $ 20,800.00
• Gross Yield: 3.02%
• Capital Growth 12 Months: -2.43%
• Capital Growth 10 Year Annualised: 5.18%
• Vacancy Rate: 0.51%