Gross Waddell ICR proudly presents 231–233 Spring Street, Reservoir, a substantial 1,369sqm rectangular landholding* with a wide 30.4m frontage, the site offers excellent flexibility for townhouse, apartment, childcare or medical development (STCA).

Located in Reservoir - one of Melbourne’s fastest growing northern suburbs- the site benefits from proximity to Reservoir Station, High Street retail, schools, medical facilities and major arterials, ensuring strong end-user demand.

Key Highlights:

• Permit approved for fifteen (15) well-designed townhouses

• Expansive 1,369sqm* rectangular landholding with 30.4m* frontage

• Potential for alternative development outcomes including townhouses, childcare and more (STCA)

• Wide frontage with a minimal site gradient, providing construction efficiency

• Zoned RGZ3 (Residential Growth Zone) supporting medium–high density (STCA)

• Two existing dwellings with short-term income-generating potential

• Prime location in a high-growth northern suburb with excellent amenity

The property is for sale by Expression of Interest closing on Wednesday, 3rd December 2025 at 3:00 pm.

For more information, please contact the exclusive selling agents.

*approx