Home/Properties/Reservoir/146/2 Gremel Rd
146/2 Gremel Rd, Reservoir$150,000
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146/2 Gremel Rd

Reservoir, VIC 3073, Australia
$150,000
2 bed 1 bath 1 car

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About this property

The Phone Code for this property is: 43552. Please quote this number when phoning or texting. Located in a quiet central position within Summerhill Residential Park, this well presented two-bedroom home offers comfortable, low-maintenance living for over-55s in a peaceful setting. One of the standout features of this home is its generous north facing deck, overlooking peaceful adjacent greenspace. It's the perfect place to enjoy your morning coffee or relax on warm summer evenings while taking in the tranquil outlook with a bit of extra space for the grandkids to play! Inside, the home features a light-filled open plan kitchen, living and dining area that creates a welcoming space for everyday living and entertaining, also featuring a split-system air conditioner for year-round comfort.. Both bedrooms feature noth facing windows and include built-in robes. The home also offers a covered carport with additional storage provided by a handy garden shed. The established gardens surrounding the home are maintained by the residential park, allowing you to enjoy attractive outdoor spaces without the upkeep, or join in to create your own patch of paradise. Conveniently located just a short stroll from Summerhill Village, you'll have easy access to Aldi, Coles, Kmart, medical services, a pharmacy, cafés and more. Nearby Plenty Road trams provide direct access to the city, Bundoora Park and Uni Hill DFO. This is a demountable home within Summerhill Residential Park. The successful purchaser will own the unit and enter into a separate site rental agreement with the park. Lease fee $675/fortnight subject to agreement with Summerhill Residential Village. Inspection is by appointment. Homes with this outlook and location within the park are rarely available, so don't miss this opportunity. Purchasers must be over 55 - no investors. Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Listed
3 weeks ago

Repayment calculator

$727/month
$364 /fortnight
Loan $120,000 at 6.10% over 30 years

Upfront costs

Deposit$30,000
Stamp duty$4,070
Conveyancing (est.)$2,000
Total upfront$36,070
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Reservoir

This 2-bedroom house in Reservoir, VIC 3073 sits within reach of public transport, local shops and nearby schools. It is listed 81% below the $787,500 median of 59 comparable houseswithin 5 km.

Schools near Reservoir

  • Northern School For Autismcombined · U · CoEd
  • Holy Name Schoolprimary · Prep-6 · CoEd
  • Maharishi School of the Age of Enlightenmentprimary · Prep-6 · CoEd
  • Reservoir East Primary Schoolprimary · Prep-6 · CoEd
  • Reservoir Primary Schoolprimary · Prep-6 · CoEd
  • Reservoir Views Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Hickford Street/Cheddar Road (bus)2.7 km away
  • milk bar3.2 km away
  • Cheddar Road East Linear Reserve2.4 km away
  • Cheddar Road East Linear Reserve2.4 km away
  • Cheddar Road East Linear Reserve2.5 km away

Reservoir at a glance

Full suburb profile
Population
51,096
Median age
38
Household income
$1,541/wk
Median rent
$360/wk
Median mortgage
$1,986/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Reservoir price trend

Median sold · House 2 bed

Compound growth +0.4% / yr over 4 yrs

$696kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Reservoir market

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Price history

Price history

Listing price changes

1 price change recorded for this property

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