12 Copernicus CrescentBundoora VIC 3083
Property Details for 12 Copernicus Cres, Bundoora
Last Listing description (September 2014)
PRIME CORNER RESTAURANT INVESTMENT
New 5 x 5 x 5 year lease to established operator trading as Senastions Thai Restaurant
Returning $65,000 per annum plus outgoings and GST
Personal guarantees and bank guarantee in place
Excellent corner frontage of 21 metres appprox.
Generous building area of 121sqm approx.
Modern investment opportunity located within Bundoora s thriving Polaris Town Centre
Ample on site parking for 330 cars approx.
Located only 14kms from Melbourne s CBD within the rapidly evolving, high growth northern corridor
Close to Woolworths Supermarket and opposite Dan Murphys, Pizza Hut and & Chemist Warehouse
Polaris also adjoins La Trobe University which accommodates approximately 23,000 students and staff
Strong tax depreciation benefits available
Well presented investment opportunity with new long lease and excellent prospects for future capital growth (Auction Terms:)
Property History for 12 Copernicus Cres, Bundoora, VIC 3083
- 13 Dec 2024Sold for $1,070,000
- 19 Sep 2014Sold for $1,095,000
- 03 Sep 2014Listed for Sale Not Disclosed
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0About Bundoora 3083
The size of Bundoora is approximately 17.3 square kilometres. It has 85 parks covering nearly 31.6% of total area. The population of Bundoora in 2016 was 28653 people. By 2021 the population was 28068 showing a population decline of 2.0% in the area during that time. The predominant age group in Bundoora is 20-29 years. Households in Bundoora are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bundoora work in a professional occupation.In 2021, 68.80% of the homes in Bundoora were owner-occupied compared with 68.90% in 2016.
Bundoora has 13,785 properties. Over the last 5 years, Houses in Bundoora have seen a 26.97% increase in median value, while Units have seen a 13.94% increase. As at 31 December 2025:
- The median value for Houses in Bundoora is $970,077 while the median value for Units is $526,372.
- Houses have a median rent of $580 while Units have a median rent of $500.
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