9 Caddy Court, Reservoir, Vic 3073

A golden opportunity awaits the astute developer or savvy investor in one of Reservoir's most sought-after lifestyle pockets, perfectly positioned on the Preston fringe. Set on a substantial allotment of 615.3sqm (approx.), this rare offering comes complete with endorsed plans and permits for the construction of three quality townhouses-allowing you to capitalise immediately without the delay and uncertainty of planning approvals.

This well-conceived development comprises:
Townhouse 1 - A spacious 18.71 squares (approx.) residence featuring 3 generously sized bedrooms, 2 bathrooms, and a secure double garage.
Townhouse 2 - An intelligently designed 14.19 squares (approx.) home offering 2 bedrooms, 2 bathrooms, and a single garage.
Townhouse 3 - A versatile 16.09 squares (approx.) configuration boasting 3 bedrooms, 3 bathrooms, a single carport and an additional open car space.

Each townhouse has been designed to maximise modern liveability, combining practical floorplans with stylish, contemporary appeal-ideal for the growing demand of families, professionals, and downsizers alike.

Nestled in a quiet court location, this prime parcel of land offers unbeatable convenience just moments from essential lifestyle amenities. Residents will enjoy walking distance to bus services, the No.86 tram, Darebin Creek Trail, and a host of local schools including Preston North East Primary School. Also nearby are major shopping destinations such as Northland Shopping Centre and Summerhill Village, offering the perfect blend of accessibility and tranquillity.

Whether you're looking to develop, build and sell, or hold for the long term, this shovel-ready site represents a strategic acquisition in a thriving, high-growth suburb.

Opportunities with approved permits, strong design fundamentals, and premium location appeal like this are increasingly rare - don't miss your chance to secure a value-packed project with enormous upside.