175/2 Gremel Road, Reservoir, Vic 3073

$169,000

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Monday, July 06, 2026 ( See property details for 175/2 Gremel Road, Reservoir, Vic 3073)

$169,000

Adrian Antonello Senior Sales Executive / Auctioneer
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A spacious, modern, and well-maintained unit in a vibrant over 55s park, offering comfort and convenience in Reservoir.

🏡 Property Highlights

  • Spacious and well-presented home in a sought-after over 55s park
  • Modern kitchen with ample bench space, storage, and gas stove
  • Comfortable living with split system air conditioning and remote shutters
  • Two good-sized bedrooms with built-in robes and additional split system in main bedroom
  • Convenient access to carport and outdoor green space with shed
  • Prime location close to Summerhill Village and public transport options

✨ Key Features

  • Built-in Robes
  • Split System
  • Outdoor Area
  • Shed
  • Carport
  • Laundry Facilities
  • Remote Shutters
  • Modern Kitchen
  • Gas Stove
  • Open-Plan Living

Reservoir is a vibrant suburb offering excellent amenities, including shopping centres, medical facilities, and parks. Its convenient location provides easy access to Melbourne CBD via tram and bus services. The area boasts a friendly community atmosphere, with plenty of green spaces and recreational options. Close proximity to Bundoora Park and local schools makes it ideal for active retirees. The suburb combines urban convenience with a relaxed lifestyle, perfect for over 55s seeking comfort and accessibility.

What are the living requirements for this property?
This property is exclusively available for buyers over 55 who will reside in the park, with no investment buyers permitted.
What amenities are included in the park fees?
The $655 per fortnight fee covers water usage, garden and road maintenance, and street lighting within the park.
Is the property suitable for active retirees?
Yes, the property offers a modern, low-maintenance lifestyle with easy access to local amenities, parks, and public transport.
Are there any additional costs or fees I should be aware of?
The main ongoing cost is the park fee of $655 per fortnight; other costs such as utilities are separate.
Can I access public transport easily from this location?
Yes, the property is within walking distance to Plenty Road Tram, providing direct access to the Melbourne CBD and surrounding areas.
Are there any upcoming or planned developments or renovations in the park that could affect living conditions or fees? What are the specific rules and regulations of the park regarding property modifications or pet policies? Are there any known issues with the property, such as structural defects or pest problems? Is the property compliant with all local council and park regulations? Are there any restrictions on the use of outdoor spaces or shared facilities? What is the process for renewing or transferring the park lease? Are there any additional costs for repairs or upgrades not covered by the park fees? Is there a history of flooding, bushfire risk, or other environmental concerns in the area? Are there any current or pending disputes with the park management or neighbours? What are the long-term plans for the park’s maintenance and community facilities?

175/2 Gremel Road, Reservoir, Vic 3073 - More Details

$169,000

## BUYER REQUIREMENTS YOU MUST BE OVER 55 TO PURCHASE AND LIVE IN THE PARK AND NO INVESTORS ##

Situated in the middle of the residential park is a surprisingly spacious and well presented home for buyers over 55 to purchase and call your own.
On offer is a welcoming and cosy living space with built in tv unit, split system for all year comfort and newly installed remote shutters that is a bonus. The bay window in the modern kitchen creates ample of bench space and storage with gas stove that overlooks the meals area.
The two good size bedrooms is complete with built in robe and split system in the main bedroom, second bedroom with built in robe, separate bathroom, separate toilet and laundry facilities that gives access to the carport. The drive way opens up to ample of green space and shed.
The fees to live in this well presented park is $655 per fortnight, the fees include water usage, maintenance of the gardens and roads and street lighting throughout the park.
The handy location is only a short stroll to Summerhill Village that offers Aldi, Kmart, Coles, Doctors, Chemist and so much more and with Plenty Road Tram giving easy access to the City, Bundoora Park and the DFO's
All inspections are by appointment, be quick as this property won't last.
Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1

Price guide

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