22 Merrilands Road, Reservoir VIC 3073

Large south-facing block | Original condition ready for extension | Zoned for primary & secondary schools | Short walk to station & shops This property presents a rare large parcel in a tightly held location, offering immediate livability with clear extension potential subject to council approval. Its significant land size, zoning for well-regarded local schools from primary through to Year 12, and proximity to Keon Park station create a compelling foundation for a growing family or a strategic holder. The south-facing aspect is a material consideration for natural light and garden planning. The primary decision rests on capitalising on the land bank. The original condition, while liveable, implies either accepting a functional but dated interior or committing to renovation expenditure to realise the underlying land value. The absence of overlays simplifies the extension pathway, but costs must be weighed against the suburb’s ceiling values for renovated three-bedroom homes. Proceed with an intent to extend or hold long-term, using a professional valuation to anchor your auction strategy and detailed checks to confirm site-specific risks.