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35 Settlement Road,
Bundoora 3083, Victoria
$875,000
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SOLD $875,000 BY DOMENIC TORZILLO
Situated in the heart of one of the north's most in-demand suburbs, this exciting opportunity in Bundoora offers exceptional potential for developers and savvy investors alike. Perfectly positioned just moments from every essential amenity, this property combines convenience, future growth, and development potential in one enticing package.
Set on a generous parcel of land, this home sits just off Plenty Road, giving you direct access to Tram 86 which runs straight to the city. Bundoora Square Shopping Centre is virtually at your doorstep, providing immediate access to supermarkets, cafes, restaurants, medical centres, and more. With La Trobe and RMIT Universities just down the road, as well as local schools and parklands, this is a location that truly ticks all the boxes.
Currently tenanted and returning $450 per week, the property provides solid holding income while you prepare your next move. The existing home is functional it's ideal for those looking to rebuild, or capitalise on the approved development potential.
The real value here lies in the land and what's already in place: approved plans and permits for three modern townhouses. Whether you're an experienced developer or someone seeking their next big investment, this is a ready-made opportunity to hit the ground running in a fast-growing, high-demand suburb.
Whether you're looking to invest, develop, or land bank in one of the most tightly held pockets of Bundoora, this is an opportunity not to be missed. Properties with this kind of scope and location are incredibly rare, act quickly and secure your future today.
Land size: 614m2 approx
Deposit: 10% of the purchase price
Settlement preference: 30-60 days
Rental: $450 per week
Set on a generous parcel of land, this home sits just off Plenty Road, giving you direct access to Tram 86 which runs straight to the city. Bundoora Square Shopping Centre is virtually at your doorstep, providing immediate access to supermarkets, cafes, restaurants, medical centres, and more. With La Trobe and RMIT Universities just down the road, as well as local schools and parklands, this is a location that truly ticks all the boxes.
Currently tenanted and returning $450 per week, the property provides solid holding income while you prepare your next move. The existing home is functional it's ideal for those looking to rebuild, or capitalise on the approved development potential.
The real value here lies in the land and what's already in place: approved plans and permits for three modern townhouses. Whether you're an experienced developer or someone seeking their next big investment, this is a ready-made opportunity to hit the ground running in a fast-growing, high-demand suburb.
Whether you're looking to invest, develop, or land bank in one of the most tightly held pockets of Bundoora, this is an opportunity not to be missed. Properties with this kind of scope and location are incredibly rare, act quickly and secure your future today.
Land size: 614m2 approx
Deposit: 10% of the purchase price
Settlement preference: 30-60 days
Rental: $450 per week
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
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School catchments
- St Damian's School Primary Prep-6 Catholic 0.22km
- Northside Christian College Combined Prep-12 Independent 0.29km
- Norris Bank Primary School Primary Prep-6 Government 1.1km
- Bundoora Secondary College Secondary 7-12 Government 1.3km
- Bundoora Primary School Primary Prep-6 Government 1.3km
- Parade College Secondary 7-12 Catholic 1.3km
- Watsonia North Primary School Primary Prep-6 Government 2.3km
- Loyola College Secondary 7-12 Catholic 2.4km
- St John XXIII Primary School Primary Prep-6 Catholic 2.5km
- Kingsbury Primary School Primary Prep-6 Government 2.6km
- Our Lady of the Way School Primary Prep-6 Catholic 2.6km
- Mill Park Primary School Primary Prep-6 Government 2.7km
- Ivanhoe Grammar School - University Campus Combined Independent 2.9km
- Lalor East Primary School Primary Prep-6 Government 2.9km
- Watsonia Primary School Primary Prep-6 Government 3.0km
- Reservoir Views Primary School Primary Prep-6 Government 3.0km
- Maharishi School of the Age of Enlightenment Primary Prep-6 Independent 3.2km
- Thomastown East Primary School Primary Prep-6 Government 3.2km
- Greensborough Secondary College Secondary 7-12 Government 3.3km
- Macleod College Combined Prep-12 Government 3.4km
- Charles La Trobe P-12 College-Deaf Facility Combined Government 3.5km
- Reservoir High School Secondary 7-12 Government 3.5km
- Charles La Trobe P-12 College Combined Prep-12 Government 3.5km
- St Monica's College - St Stephen’s/Gaudete Campus Secondary Catholic 3.6km
- Reservoir High School-Heidelberg Secondary Teaching Unit Secondary Government 3.6km
- Lalor Secondary College Secondary 7-12 Government 3.6km
- Mill Park Secondary College Secondary 7-12 Government 3.8km
- East Preston Islamic College Combined Prep-12 Independent 4.4km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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Contact Domenic Torzillo
Contact Domenic Torzillo
Domenic Torzillo
35 Settlement Road, Bundoora VIC 3083
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Domenic Torzillo
35 Settlement Road, Bundoora VIC 3083