UNDER CONTRACT

Monarch Estate Agents proudly presents 40 Purinuan Road, Reservoir VIC – a neatly presented corner block home offering comfort, convenience, and solid investment appeal.

Located in the ever-popular suburb of Reservoir, this property sits within the GW1 Growth Zone, presenting excellent potential for future development (STCA). Perfectly positioned close to parklands, schools, transport, and shopping hubs – it’s a rare find with strong long-term value.

Currently tenanted until 24 March 2027, this home is an ideal opportunity for investors seeking immediate returns with long-term security. The property is achieving $500 per week ($2,173 pcm), increasing to $520 per week ($2,260 pcm) in its second year.

Featuring:
- Three large bedrooms, two with BIRs with wall to wall floorboards.
- Central bathroom with shower, separate bathtub, and additional separate toilet
- Spacious light-filled living room with heating and cooling for year-round comfort
- Well-equipped kitchen with gas stove top, separate oven and grill, plenty of storage space and adjoining meals/dining area
- Ceiling fans throughout and polished timber floors for a touch of elegance
- Separate laundry room and single car carport for added convenience
- Positioned on a corner block, adding extra appeal for future possibilities

Offering:
- 5-minute walk to bus services for easy commuting
- 5-minute walk to Darebin Creek Trail and Bundoora Park
- 5 minutes from Ruthven Train Station
- 5 minutes from La Trobe University
- Close to Reservoir Views Primary School & JC Donath Reserve
- Broadway shopping and café precinct within walking distance
- 5 minutes from Polaris Shopping Centre in Bundoora and 10 minutes from Northland Shopping Centre
- Located within the GW1 Growth Zone – future development potential (STCA)

With secure tenancy, a prime corner position, and a location that offers both lifestyle and potential, this home won’t stay on market for long.