{id=187760576775, createdAt=1742772754642, updatedAt=1742773121624, path='johns-01-story', name='John's Story', 3='{type=image, value=Image{width=800,height=800,url='https://www.propertybuyer.com.au/hubfs/53%20Fordham%20Road%2c%20Reservoir.png',altText='53 Fordham Road, Reservoir',fileId=187771601808}}', 8='{type=list, value=[{id=141559126804, name='Pattas'}]}', 9='{type=list, value=[{id=55861814111, name='Melbourne'}]}', 10='{type=string, value=Secured a high-potential, budget-friendly property!}', 11='{type=image, value=Image{width=916,height=624,url='https://www.propertybuyer.com.au/hubfs/53%20Fordham%20Road%2c%20Reservoir1.png',altText='53 Fordham Road, Reservoir1',fileId=187771385264}}', 12='{type=string, value=Reservoir, VIC}', 13='{type=option, value={id=3, name='3', order=2, label='3'}}', 14='{type=option, value={id=1, name='1', order=0, label='1'}}', 15='{type=option, value={id=4, name='4', order=3, label='4'}}', 16='{type=number, value=1}', 17='{type=image, value=Image{width=916,height=624,url='https://www.propertybuyer.com.au/hubfs/53%20Fordham%20Road%2c%20Reservoir2.png',altText='53 Fordham Road, Reservoir2',fileId=187771601792}}', 19='{type=list, value=[{id=140716433985, name='Investors'}]}', 20='{type=string, value=Circa: $750k}', 22='{type=string, value=My local investor has been with me on this property investment journey for four (4) months including the holiday period of December and January. We spent nearly half this period determining which post codes to focus on. After being “gazumped” on a property earlier last week it was a blessing in disguise with this latest investment being cheaper and superior and with a north/south facing aspect. The subject property is nestled in the inner northern suburb of Reservoir, a location rich in history and significance. This suburb is home to Melbourne’s first man-made, engineered, concrete holding water reservoir, originally built to serve a population of 100,000 people—a remarkable feat of infrastructure at the time. The property itself is a post-war, ex-commission home, constructed with solid concrete and tile, featuring three bedrooms. While it retains its classic charm, it requires both internal and external renovations to restore and enhance its full potential. My local investor sought an affordable property with strong prospects for capital growth and cash flow—a place that not only offers immediate value but also holds potential for further development. With the right vision and upgrades, this investment is set to transform into a modern and high-performing asset in one of Melbourne’s evolving suburbs.}'}

Featured Property John's Story

Investors

Circa: $750k

Tass Pattas

senior buyers' advocate

M 0417 808 077

Reservoir, VIC

3 Beds

1 Bath

4 Cars

BUYERS' AGENT COMMENTS

My local investor has been with me on this property investment journey for four (4) months including the holiday period of December and January. We spent nearly half this period determining which post codes to focus on. After being “gazumped” on a property earlier last week it was a blessing in disguise with this latest investment being cheaper and superior and with a north/south facing aspect. The subject property is nestled in the inner northern suburb of Reservoir, a location rich in history and significance. This suburb is home to Melbourne’s first man-made, engineered, concrete holding water reservoir, originally built to serve a population of 100,000 people—a remarkable feat of infrastructure at the time. The property itself is a post-war, ex-commission home, constructed with solid concrete and tile, featuring three bedrooms. While it retains its classic charm, it requires both internal and external renovations to restore and enhance its full potential. My local investor sought an affordable property with strong prospects for capital growth and cash flow—a place that not only offers immediate value but also holds potential for further development. With the right vision and upgrades, this investment is set to transform into a modern and high-performing asset in one of Melbourne’s evolving suburbs.

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Featured Property John's Story

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