1 Manchester Crescent
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About this property
** PRIVATE INSPECTION BY APPOINTMENT ONLY** Seize this rare chance to own a high-yielding town residence in a premier location. Ground floor spaces, including an open-plan living and meals anchored by a stone-finished, stainless-steel-equipped kitchen, are complemented by a first floor offering a main bedroom with a deluxe ensuite and two further bedrooms sharing an equally enticing family bathroom. A short walk from Uni Hill, shops, restaurants and cafes, medical and professional services, gymnasiums, RMIT, parklands, and Plenty Road trams for the easy trip to the CBD. To be sold with a long-term lease to a respected hotel group (expires in September 2035), it offers hassle-free income and minimal landlord responsibilities, creating the ideal set-and-forget investment. Features Long-term lease expiring in September 2035 2 x 10-year further lease options Market review scheduled for 2029 Predictable outgoings Tenant absorbs maintenance costs No concerns with finding tenants Low risk, low effort investment Well-suited for SMSF investment 4% increase yearly $2,937.00 rent per calendar month ($35,244.00 per year) ** PRIVATE INSPECTION BY APPOINTMENT ONLY**
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 2
- Parking
- 2
- Listed
- 3 months ago
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Neighbourhood
Living in Bundoora
This 3-bedroom house in Bundoora, VIC 3083 sits within reach of public transport, local shops and nearby schools. It is listed 12% below the $785,000 median of 51 comparable houseswithin 5 km.
Schools near Bundoora
- Concord Schoolcombined · U · CoEd
- Mastery Schools Victoriacombined · 4-9 · CoEd
- Northside Christian Collegecombined · Prep-12 · CoEd
- Bundoora Primary Schoolprimary · Prep-6 · CoEd
- Norris Bank Primary Schoolprimary · Prep-6 · CoEd
- St Damian's Schoolprimary · Prep-6 · CoEd
What's nearby
- Janefield Drive (bus) — 215 m away
- BMW Service — 388 m away
- Janefield Wetland — 191 m away
- Worcester West Park — 418 m away
- Unnamed — 465 m away
Bundoora at a glance
Full suburb profile- Population
- 28,068
- Median age
- 38
- Household income
- $1,668/wk
- Median rent
- $381/wk
- Median mortgage
- $2,000/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Bundoora price trend
Median sold · House 3 bed
Compound growth +1.0% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Bundoora marketSide-by-side analysis
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