From Bushwalk Australia
First, starting from Richea Creek (Terry Walsh Rd. off the Florentine Rd., acessed from Maydena) follow the Rasselas track to Lake Rhona. This involves crossing extensive button grass plains followed by a final slog up the moraine to the Lake. Expect to take 5-7hrs. Allow at least 2hrs return to climb Reed's Peak from Rhona, many climbing this and Bond's Craig on a middle day to enjoy the area. The most popular and least strenuous route to the peak follows the ridge on the south side of the Lake. Note that altough there may be only pads round the lake shore this soon becomes a defined track. A well defined track follows this ridge, beginning on near the outlet creek which becomes a pad in the vicinities of Reed's Peak and Great Dome. Great Dome is a short, easy and worthwhile side trip. A pad leads to the summit block which, although not cairned is easily ascended by a short scramble over large boulders.
Alternatively, the peak can be ascended via one of the gullies behind the beach. There is a stable pad up the eastern most, starting by one of the campsites. The western most should not be ascended because of its steepness and the erosion caused by walkers. Once on top of the ridge follow a pad to the north side of Reed's Peak. Scramble up from here or walk round to the other side of the summit block to meet the usual route. This route forms quite an obvious junction with the Bonds Craig pad. This is slightly shorter, taking about 45mins.