Place reportedly something worth looking at (5)
I believe the answer is:
sight
'something worth looking at' is the definition.
(as in sight-seeing)
'place reportedly' is the wordplay.
'place' becomes 'site' (synonyms).
'reportedly' indicates a 'sounds like' (homophone) clue.
'site' is a homophone of 'SIGHT'.
(Other definitions for sight that I've seen before include "Range of vision" , "Spectacle; aiming aid" , "Observe" , "Glimpse" , "The ability to see - spectacle" .)