Back 147/2 Gremel Road
Off Market

147/2 Gremel Road

Reservoir VIC 3073

1
1
1
Unit
Last sold for $115,000
Adrian AntonelloAdrian Antonello, last sold this property on 11 August 2026 after 46 days on market.

Overview

Over 55s Lifestyle Opportunity – Low-Maintenance Living in a Prime Location

SOLD BY ADRIAN ANTONELLO 0412 003 318 ## BUYER REQUIREMENTS – YOU MUST BE OVER 55 TO PURCHASE. NO INVESTORS. ## Positioned near the main entrance of this beautifully maintained residential park, this delightful home presents an outstanding opportunity for owner-occupiers aged 55 and over seeking comfort, convenience, and an easy-care lifestyle. Bathed in natural light, this well presented home features an inviting free flowing floor plan comprising of a spacious living area, separate meals and a refurbished kitchen complete with a hotplate, under bench oven, ample storage and bench space. The generous bedroom includes a built-in robe and split-system heating/cooling and ceiling fan for year-round comfort and a magnificent view to the north. Additional features include: • Separate laundry • Complete bathroom • Direct access to the carport and private garden area • Plenty of nearby parking and sitting area for family and visitors Enjoy the freedom of low-maintenance living with no external upkeep required. Park fees are $675 per fortnight, which include water usage, maintenance of the beautifully kept gardens, roads, and street lighting. Conveniently located just a short stroll from Summerhill Village, you'll have easy access to Aldi, Coles, Kmart, medical services, a chemist, cafés, and more. Public transport is also at your doorstep, with the Plenty Road tram providing easy access to the CBD, Bundoora Park, and the DFO shopping precinct. Homes in this sought-after over-55s community are always in demand. Inspection by appointment only – don't miss this fantastic opportunity!

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Reservoir over the last 12 months, the estimated median property value of 147/2 Gremel Road is $445.5k.

Median value
$445.5k
Estimated value range
$105k - $540k
Median days on market
25
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Reservoir. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 147/2 Gremel Road

2026
Sold
$115,000
11 Aug 2026 by Adrian Antonello, of Barry Plant Reservoir

Happy sellers in Reservoir

88%
88% of sellers in Reservoir reported that their sale price either exceeded or met their price expectations.

Reservoir stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 94 reviews in Reservoir over the last 12 months.

Local market activity for 1 bedroom units in Reservoir

In the last 12 months, 27 one-bedroom units similar to 147/2 Gremel Road, have been sold.

This represents a 12% decrease in one-bedroom units sales when compared to the previous 12 months.

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