7/240 Plenty Road, Bundoora, VIC 3083 | Property Value & History | OnTheHouse
 
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7/240 Plenty Road
Bundoora VIC 3083

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 4672m2
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Property Details for 7/240 Plenty Rd, Bundoora

Building Type
Commercial
Land Size
4672m2
Local Government
Whittlesea
Lot/Plan
7/PS643519

Last Listing description (January 2023)

Knight Frank is pleased to offer this high yielding medical investment for sale located in the University Hill Precinct.

City Fertility is one of Australia's leading IVF and fertility service groups with 9 clinics nationally.


The tenant has exercised their second option which is due to expire 30 December 2022, with another option to extend until December 2027.

Key features -
84 sqm* office
Full medical fit-out
3 car spaces allocated on title
Located in University Hill Shopping Precinct

Lease Details -
Net rental: $31,326.50 plus GST plus outgoings
Annual increases: CPI Annually
Term: 5 + 5 years
Lease commencement: 31st December 2017
Tenant: City Fertility

Please contact one of the exclusive sales agents for further information.

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Property History for 7/240 Plenty Rd, Bundoora, VIC 3083

A timeline of how this property has performed in the market
Last Sold
$445,000
12 Aug 2019
Listed for Rent
$537/w
17 Jan 2017
  • 12 Aug 2019
    Sold for $445,000
  • 08 Aug 2019
    Listed for Sale Contact Agent
  • 29 May 2019
    Listed for Sale Not Disclosed
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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 13,777 properties. Over the last 5 years, Houses in Bundoora have seen a 16.23% increase in median value, while Units have seen a 17.76% increase. As at 30 April 2026:

  • The median value for Houses in Bundoora is $953,224 while the median value for Units is $556,669.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 70 properties listed for sale, and 35 properties listed for rent in Bundoora on OnTheHouse. According to Cotality's data, 601 properties were sold in the past 12 months in Bundoora.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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