3 Summerhill Road, Reservoir, Vic 3073

Auction $850,000 - $900,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings

Published on Thursday, October 08, 2026 ( See property details for 3 Summerhill Road, Reservoir, Vic 3073)

Auction $850,000 - $900,000

Joe Horton Partner / Licensed Estate Agent / Auctioneer
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile Reservoir property on a large corner block offering exciting renovation, development, and lifestyle opportunities.

🏑 Property Highlights

  • Generous corner allotment with development potential
  • Well-connected Reservoir location close to parks and transport
  • Original concrete home with untapped renovation possibilities
  • Flexible options for first-home buyers, renovators, and developers
  • Proximity to shopping centres, dining, and entertainment
  • Potential for subdivision or multi-dwelling development (STCA)

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Waterfront / Views
  • Fully fenced
  • Pet-Friendly
  • Garage / Secure Parking
  • Water tank
  • NBN / High-Speed Ready
  • Open-Plan Living
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3 Summerhill Road
Reservoir, VIC 3073
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Vertical aerial view β€” 3 Summerhill Road
3 Summerhill Road — Vertical Aerial  •  Reservoir, VIC 3073  •  Nearmap © 2026

Reservoir is a vibrant suburb offering excellent connectivity and lifestyle amenities. Key features include proximity to parklands and the Darebin Creek Trail, easy access to public transport including buses and trams, a variety of shopping centres such as Northland and Summerhill, and a welcoming community atmosphere. The area is ideal for families, first-home buyers, and investors seeking growth potential and convenience.

What are the renovation possibilities for this property?
The home offers a solid foundation with potential for extensive renovations, including reimagining the existing layout or updating finishes to suit modern tastes.
Is subdivision or multi-dwelling development feasible?
Yes, subject to council approval, the large corner allotment presents opportunities for subdivision or multi-dwelling development (STCA).
What nearby amenities are accessible?
The property is close to parklands, Darebin Creek Trail, Summerhill Shopping Centre, Northland Shopping Centre, and public transport options including buses and trams.
Are there any restrictions or planning considerations?
Potential buyers should verify with local council regarding zoning, subdivision regulations, and any planning overlays that may affect development options.
What is the condition of the current home?
The home is in original condition, providing a blank canvas for renovation or extension to suit your needs.
Are there any existing planning restrictions or zoning overlays that could limit development or subdivision options? What are the potential costs associated with renovating or upgrading the current home? Are there any easements, covenants, or encumbrances on the property that could affect future plans? Has the property been affected by flooding or bushfire risks in the past? Are there any upcoming council or community developments in the area that could impact the property’s value or environment?

3 Summerhill Road, Reservoir, Vic 3073 - More Details

Auction $850,000 - $900,000

Set on a generous corner allotment in a well-connected Reservoir setting, this original concrete home presents an enticing blend of existing spaces and untapped potential.

For buyers with an eye for possibility, the options here are compelling. First-home buyers can move in and improve over time, renovators can reimagine the existing layout, builders can undertake a considered transformation, while families may choose to create a home designed entirely around their needs. Those looking further ahead can also investigate the potential for subdivision or a multi-dwelling development (all STCA).

Currently comprising a spacious lounge, eat-in kitchen and three bedrooms serviced by the family bathroom, the home provides a comfortable base from which to explore its future.

Adding to the appeal is a central location. Parklands, the Darebin Creek Trail and the bus are a short walk away, while Summerhill Shopping Centre and the Plenty Road tram are close at hand. Nearby Northland Shopping Centre provides an extensive range of shopping, dining and entertainment choices.

Whether the plan is to enjoy the home as it stands, undertake a transformation or unlock its longer-term potential, this is an opportunity to secure a substantial Reservoir holding with plenty of possibilities ahead.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Sat 10 Oct 12:15 pm

    Saturday 10 October
    12:15 pm - 12:45 pm

Auctions

  • 3 Summerhill Road, Reservoir, Vic 3073

    Saturday 31 October
    12:00 pm
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