1/13 George Street, Reservoir VIC 3073

2-bed townhouse | 4-property block | 165m² land | Reservoir village walkability This property sits on a small, tightly held block of just four dwellings, which is uncommon in Reservoir’s medium-density corridor and gives buyers a quieter, lower-traffic position than larger complexes. The 165m² land parcel is modest but useful for a townhouse, and the configuration of two bedrooms with one bathroom and single garage suits first-home buyers or investors targeting the reliable demand for compact, lock-and-leave housing near village amenities. The suburb’s 4% growth and 3.8% rental yield are solid, not exceptional, but the property’s positioning near Reservoir Village retail and transport gives it a liquidity advantage over deeper, car-dependent streets. The main risk is the inconsistent bathroom count across records—if it is genuinely one bathroom, that narrows the buyer pool to couples or singles rather than families or sharers, and may cap resale velocity. The small land area also limits future subdivision or extension upside, so this is a hold-for-cashflow or hold-for-convenience play, not a land-banking opportunity. The buyer should verify the bathroom count and body corporate fees before proceeding, and if both are clean, this townhouse works best as a low-maintenance owner-occupier base or a steady rental with modest capital growth tied to suburb-wide gentrification.