24/240 Plenty RoadBundoora VIC 3083
Property Details for 24/240 Plenty Rd, Bundoora
Last Listing description (December 2018)
High quality light-filled corner office suite situated on the third floor of this modern architecturally designed building located in the highly sought after master-planned University Hill precinct. Offering a return circa 6.0%.
The property has recently been leased to the Burgess Group. The Burgess Group is a fifth generation family business. Through more recent generations the family business successfully diversified its interests into other areas including Agriculture, Printing and Packaging and Property. This strong local company has just relocated its head office to Bundoora.
- Lease commencing 25th August 2017
- Current rental $67,275.00 per annum + GST
- Tenant pays outgoings
- Fully fitted office suit of 277m2*
- 5 separate offices
- Board room
- Large open plan office area
- Suspended ceilings with recessed lighting
- Reverse cycle air conditioning
- Own kitchenette
- 9 car spaces
The adjacent vibrant 7-day cosmopolitan shopping precinct is reminiscent of Melbourne's most famous shopping streets, with tree-lined walkways, caf s, restaurants and speciality retail choices - now including over 100 brands in the Uni Hill Factory Outlets centre. Complementing this are Coles, car dealerships including BMW and Honda, as well as many other national and international brand names.
The University Hill Town Centre offers an array of food choices - from fresh baked bread and pastries to delicious Deli morsels.
Inspect and submit your offer today.
* approx.
Property History for 24/240 Plenty Rd, Bundoora, VIC 3083
- 11 Dec 2018Sold for $955,000
- 31 Jul 2018Listed for Sale $1,090,000
- 31 Jul 2018Listed for Rent - Price not available
Recent sales nearby
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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 13,780 properties. Over the last 5 years, Houses in Bundoora have seen a 19.85% increase in median value, while Units have seen a 20.58% increase. As at 31 March 2026:
- The median value for Houses in Bundoora is $966,285 while the median value for Units is $556,590.
- Houses have a median rent of $600 while Units have a median rent of $520.
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