222 Plenty RoadBundoora VIC 3083
Property Details for 222 Plenty Rd, Bundoora
Last Listing description (September 2021)
CBRE Victorian Health, Aged and Child Care are pleased to offer for sale Lot 2, 222 Plenty Road, Bundoora via the CBRE Premium Portfolio Auction, Thursday 26th October from 6pm. This is 1 of 4 childcare investments in a portfolio being offered separately.
- Brand new state of the art purpose built childcare investment
- Leased to Nio Early Learning Adventures with strong Melbourne network of 13 trading and forthcoming centres
- High quality boutique family operator & childcare developer / builder of 20+ years experience
- New 20 year lease with 10 year option, plus 3% annual increases and 6 month bank guarantee
- Income: $581,400 pa* + GST & Out's
- Permit: Childcare centre for 152 children
- Land area: 4,221sqm*
- Building area: 1,225sqm*
- Status: Construction nearing completion - imminent opening December 2017 (strong registrations of interest)
- Gateway location to award winning Uni Hill Business Park, retail centre and factory outlets, with 130 retailers and 1,500+ employees
- Undervalued asset class experiencing exceptional demand due to Melbourne's booming population growth
- Investment sector supported by $37billion investment by Federal Government over the next 4 years & subsidies for childcare centre parents
- Attractive depreciation benefits
- Strategic catchment location
*approx.
Scott Orchard
+61 425 760 712
Josh Twelftree
+61 452 524 985
Sandro Peluso
+61 418 389 757
Kinson Wong
+61 450 712 341
Property History for 222 Plenty Rd, Bundoora, VIC 3083
- 02 Sep 2021Listed for Sale SOLD - $8,900,000
- 06 Jun 2019Listed for Rent - Price not available
- 26 Oct 2017Sold for $8,900,000
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About 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 13,779 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:
- The median value for Houses in Bundoora is $964,205 while the median value for Units is $536,533.
- Houses have a median rent of $590 while Units have a median rent of $500.
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