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568 Grimshaw Street, Bundoora$1.30m
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568 Grimshaw Street

Bundoora, VIC 3083, Australia
$1.30m
4 bed 2 bath 13 car916 m²

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About this property

An exceptional investment opportunity awaits with this thriving Allied Health Clinic, ideally located in the heart of Bundoora. Set on approximately 916 sqm of land, this modern medical facility is designed for practicality and comfort, featuring four spacious, light-filled consulting rooms, two large patient waiting areas, a bright and welcoming reception area, kitchenette, staff amenities, and ample on-site car parking. Currently leased to a well-established Allied Health provider, the property generates a secure rental return of $40,000 per annum plus outgoings, with the current lease in place until November 2026 and a 6-year relet option, offering long-term income security for investors. The location is second to none, with outstanding accessibility and local convenience. Public transport options are plentiful, with Tram Route 86 just moments away on Plenty Road, easy connections via local bus routes, and proximity to Watsonia Train Station. The property also enjoys quick access to the M80 Metropolitan Ring Road, making commuting seamless for staff and clients alike. Adding to its appeal, the clinic is close to respected schools, shopping precincts including Bundoora Square and Uni Hill, and a vibrant local community. Whether you're expanding your portfolio or seeking a secure, high-yielding asset in a growing healthcare hub, this is an opportunity not to be missed. This property is a rare find, contact us today to arrange an inspection this is one investment you won't want to miss. Terms: 10% Deposit, Balance in 30/60/90 days.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Parking
13
Land Area
916 m²
Listed
3 months ago

Repayment calculator

$6,302/month
$3,151 /fortnight
Loan $1,040,000 at 6.10% over 30 years

Upfront costs

Deposit$260,000
Stamp duty$71,500
Conveyancing (est.)$2,000
Total upfront$333,500
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 Bundoora

This 4-bedroom house in Bundoora, VIC 3083 sits within reach of public transport, local shops and nearby schools. It is listed 68% above the $771,750 median of 54 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

  • Metropolitan Ring Road (bus)1.7 km away
  • Reddy Express891 m away
  • Mogg Court Reserve1.5 km away
  • Ambrose Treacy Drive Pipetrack Reserve1.5 km away
  • Hughes Circuit Reserve1.5 km 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 4 bed

Compound growth -0.2% / yr over 4 yrs

$970kcurrent median

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Price history

Price history

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1 price change recorded for this property

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