2 Bundara Cres, Mount Eliza is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 763m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 3 bedroom House sold in Mount Eliza in the last 12 months.
Occupying a prime corner position on Wooralla Drive and Bundara Crescent, this weatherboard residence on approximately 763sqm (approx.) carries three permitted uses for medical and allied health services, residential use, and early learning, making it one of the most adaptable landholdings available in Mt Eliza. Steps from Peninsula Grammar, the property attracts an immediate and obvious tenant or owner-occupier profile, with the current dual-practitioner medical permit already generating returns for an incoming investor.
The existing layout functions beautifully in its present configuration, with a serene reception foyer introducing hardwood floors and leafy green outlooks, three consulting rooms or bedrooms, two offices, a kitchenette, and a bathroom, each room fitted with split-system heating and cooling and two consultation rooms with sinks. A landscaped allotment, verandah entry, and off-street parking for eleven vehicles add further practicality to a building that already operates at a high standard.
Mt Eliza Village is a short walk away, with Peninsula Grammar, Mt Eliza Primary, Tower Road cafes, and bus services all within easy reach, placing this property at the centre of one of the Mornington Peninsula's most tightly held lifestyle precincts. Whether the next chapter is a thriving practice, a family conversion, or a long-term landbank, the fundamentals here are exceptional.
The size of Mount Eliza is approximately 23.4 square kilometres. There are 46 parks, covering nearly 8.9% of the total area. The population of Mount Eliza in 2016 was 17888 people. By 2021 the population was 18734 showing a population growth of 4.7% in the area during that time. The predominant age group in Mount Eliza is 10-19 years. Households in Mount Eliza are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mount Eliza work in a professional occupation.In 2021, 89.60% of the homes in Mount Eliza were owner-occupied compared with 88.00% in 2016.
Mount Eliza has 7,897 properties. Over the last 5 years, Houses in Mount Eliza have seen a -0.48% decrease in median value, while Units have seen a 17.01% increase. As at 30 June 2026:
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