Seize this exceptional opportunity to secure a property in a high-demand location, perfectly positioned opposite shops, public transport, and the vibrant business district of Bundoora.
Set on 385m² of land across two titles, this Commercial 1 zoned property offers endless potential for redevelopment (STCA). The existing home features brick veneer construction, consisting of three bedrooms, a central bathroom, and a welcoming living area that flows through to an updated kitchen and meals space, providing a solid foundation for those seeking to renovate, invest, or explore commercial opportunities.
With unbeatable exposure and a versatile layout, this property is ideal for savvy investors, business owners, or developers looking to capitalise on the area's rapid growth. Whether you choose to update the current residence, establish a commercial venture, or unlock the site's full potential, the possibilities are endless.
Act now, opportunities like this, in such a prime location, are rare!
Land size: 385m2 approx
Deposit: 10% of the purchase price
Settlement preference: 60 days
Rental assessment: Currently leased mth to mth $1782 pcm
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 13,781 properties. Over the last 5 years, Houses in Bundoora have seen a 26.52% increase in median value, while Units have seen a 13.90% increase. As at 28 February 2026:
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