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Back 745 Gilbert Road
Off Market

745 Gilbert Road

Reservoir VIC 3073

3
1
5
664 m²
House
Last sold for $975,000
Adam BassaniAdam Bassani, last sold this property on 10 April 2026 after 24 days on market.

Overview

Versatile Opportunity on 664m² (Approx.) - Residential, Commercial or Development Potential (STCA)

Positioned in a highly sought-after pocket of Reservoir, this flexible property set on approximately 664m² presents a rare opportunity for homeowners, commercial buyers and developers to secure a site with genuine versatility and long-term upside. Previously utilised as an allied health clinic, the property offers a functional and adaptable layout comprising multiple rooms, a central hallway and essential amenities, making it well suited for continued medical, allied health or professional use (STCA). The existing configuration provides a practical foundation for those looking to establish or expand a business in a well-connected location. Alternatively, the property can be comfortably utilised as a residential home, offering three well-sized bedrooms, a central bathroom, a light-filled living area and a utility room that can be used as home off or study. With solid bones and a straightforward layout, it presents an excellent opportunity to renovate, update or lease out while considering future plans. A standout feature of the property is the expansive rear concrete area, providing substantial on-site parking and easy vehicle access. This space is ideal for accommodating multiple vehicles, client parking or operational needs, while also adding significant value from both a commercial and development perspective. For developers, the generous landholding and accessible block layout open the door to future redevelopment, whether that be a multi-dwelling project or a complete transformation of the site (STCA). The combination of land size, positioning and existing improvements creates a compelling opportunity to maximise value over time. Situated along Gilbert Road with public transport at your doorstep and close proximity to local shops, cafes, schools and parklands, the location further enhances the appeal across all buyer types. This is a unique opportunity to secure a property that can be utilised in the short term while offering flexibility and strong potential for the future.

Features

3 bedrooms
1 bathroom
5 carspaces
5 open car spaces
664 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Reservoir over the last 12 months, the estimated median property value of 745 Gilbert Road is $920k.

Median value
$920k
Estimated value range
$624k - $1.7m
Median days on market
25
Estimated value trend
5%
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 745 Gilbert Road

2026
Sold
$975,000
10 Apr 2026 by Adam Bassani, of Ray White 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 113 reviews in Reservoir over the last 12 months.

Local market activity for 3 bedroom houses in Reservoir

In the last 12 months, 291 three-bedroom houses similar to 745 Gilbert Road, have been sold.

This represents a 17% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Reservoir

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Ian Dempsey

Ian Dempsey is an award winning recommended agent for Reservoir.  They have 73 local sales and collected 31 local reviews across the last 12 months.

  •   4.9   (492 reviews)
  •  31 Reviews in Reservoir
  •  73 Sales in Reservoir
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George Gimelli

George Gimelli is a recommended agent for Reservoir.  They have 28 local sales and collected 9 local reviews across the last 12 months.

  •   5   (47 reviews)
  •  9 Reviews in Reservoir
  •  28 Sales in Reservoir
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Alastair Surtees

Alastair Surtees is a recommended agent for Reservoir.  They have 63 local sales and collected 7 local reviews across the last 12 months.

  •   5   (83 reviews)
  •  7 Reviews in Reservoir
  •  63 Sales in Reservoir
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George Ioannou

Sellers who recommend George Ioannou have praised them for being clear communication, local expert, supportive, honest, dedicated, responsive and friendly

  •   4.9   (187 reviews)
  •  7 Reviews in Reservoir
  •  13 Sales in Reservoir
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