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2 Bundara Crescent, Mount Eliza$1.44m
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2 Bundara Crescent

Mount Eliza, VIC 3930, Australia
$1.38m – $1.50m
3 bed 1 bath 1 car763 m²

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About this property

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.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
1
Land Area
763 m²
Listed
3 months ago

Repayment calculator

$6,969/month
$3,484 /fortnight
Loan $1,150,000 at 6.10% over 30 years

Upfront costs

Deposit$287,500
Stamp duty$79,063
Conveyancing (est.)$2,000
Total upfront$368,563
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Mount Eliza

This 3-bedroom house in Mount Eliza, VIC 3930 sits within reach of public transport, local shops and nearby schools. It is listed 10% below the $1.59m median of 72 comparable houseswithin 5 km.

Schools near Mount Eliza

  • Peninsula Grammarcombined · Prep-12 · CoEd
  • Toorak Collegecombined · Prep-12 · CoEd
  • Kunyung Primary Schoolprimary · Prep-6 · CoEd
  • Mount Eliza North Primary Schoolprimary · Prep-6 · CoEd
  • Mount Eliza Primary Schoolprimary · Prep-6 · CoEd
  • Mount Eliza Secondary Collegesecondary · 7-12 · CoEd

What's nearby

  • Leicester Avenue (bus)1.8 km away
  • Foodworks4.3 km away
  • Mt Eliza Way Reserve2.6 km away
  • Baden Powell Drive Linear Reserve2.8 km away
  • Unnamed3.4 km away

Mount Eliza at a glance

Full suburb profile
Population
18,734
Median age
45
Household income
$2,547/wk
Median rent
$512/wk
Median mortgage
$2,600/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Mount Eliza price trend

Median sold · House 3 bed

Compound growth -3.6% / yr over 4 yrs

$1.31mcurrent median

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Price history

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1 price change recorded for this property

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