1A Powell Street, Reservoir VIC 3073

Compact modern townhouse | 2-bedroom plus study | 187m² lot | north-facing courtyard | built 2003–2005 This is a higher-spec, low-maintenance townhouse that stands out in Reservoir’s newer infill segment. Its compact lot and contemporary finishes suit downsizers, professional couples, and work-from-home buyers seeking a lock-and-leave lifestyle. The north-facing courtyard and internal-access garage add practical appeal, while the flexible study space broadens its buyer pool. The property’s configuration and age profile align it with a premium over older stock, though its small land component limits expansion potential. The property’s value may be influenced by its dual classification as house or unit, which could affect lender appetite or buyer perception. The single bathroom might be a constraint for some households, and the small courtyard reduces outdoor amenity. Build year inconsistencies (2003 or 2005) should be verified, as they may impact depreciation schedules or insurance costs. Buyers should weigh these factors when forming a price view.