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147/2 Gremel Road, Reservoir VIC 3073

Listed: 53 days ago
Overview

This unit is a wonderful opportunity designed specifically for owner-occupiers aged 55 and over, offering a comfortable and convenient low-maintenance lifestyle within a well-maintained residential park.

Situated near the main entrance of the community, the home enjoys an abundance of natural light throughout its well-presented interiors. The layout boasts a spacious living area that flows freely, complemented by a separate meals space and a renovated kitchen. The kitchen itself is equipped with modern conveniences such as a hotplate, an under-bench oven, and generous storage and bench space, catering well to practical daily living.

The generous bedroom includes a built-in robe and is fitted with a split-system heating and cooling unit and ceiling fan, ensuring year-round comfort. From this room, residents can enjoy a delightful northern aspect.

  • Separate laundry area providing practicality and convenience
  • Complete bathroom facilities
  • Direct access to the unit’s carport and private garden area, enhancing privacy and ease of access
  • Ample nearby parking spaces and a sitting area available for family and guests

Living within this community brings the advantages of low external maintenance, as no upkeep is required by the resident. The fortnightly park fees of $675 cover water usage, upkeep of gardens, maintenance of roads, and street lighting, supporting a hassle-free lifestyle.

Convenient location is a key feature of this home, with Summerhill Village just a short walk away. Residents have easy access to shopping including Aldi, Coles, and Kmart, as well as medical services, a chemist, cafés, and other amenities. Public transport options are excellent; the Plenty Road tram stop nearby connects to the Melbourne CBD, Bundoora Park, and the DFO shopping precinct, providing good connectivity.

This sought-after community for over-55s remains in high demand, making this an excellent opportunity for eligible buyers. Please note, inspection of the property is by appointment only. This home offers a blend of comfort, accessibility and lifestyle tailored for mature residents seeking a peaceful and manageable living environment.

Local Market Insights

In Reservoir, Quiet Listings observed 18 new units entering the market over the last 30 days, up from 17 during the previous 30-day period, with an average advertised asking price of $579,500. The property type mix of listed properties is predominantly Houses at 40%, followed by townhouses (30%), and units (18%). Ray White was the most active agency in this area, representing 53.5% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Change History
Headline When
Price Guide: $120,000
$120,000
Location
147/2 Gremel Road
Reservoir VIC 3073
Market Insights for Reservoir VIC 3073
New Listings (last 30 days)
18
Average price
$579,500
Lowest price
$440,000
Highest price
$780,000
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