SOLD $1,490,000 BY DOMENIC TORZILLO AND ANDREW MIZZI

Opportunities like this are rare, and this exceptional corner block in the heart of Bundoora is one that developers, investors, and families will not want to miss. Perfectly positioned in one of the suburb's most sought after pockets, this property combines an enviable location with huge potential.

Set on a generous 859m² (approx.) of land, the property sits proudly on a prime corner allotment, offering endless possibilities for development or renovation to create a modern family haven. With its wide street presence and corner position, the site offers excellent flexibility for future planning and construction, giving developers the chance to maximise its value.

The existing home is a well maintained four bedroom, two bathroom residence in original yet neat and tidy condition. Offering a practical floorplan, multiple living zones, and plenty of natural light, the home is comfortable to live in immediately or rent out while future plans take shape. This makes it an ideal investment for those seeking both short term returns and long term growth.

Location is everything, and here it truly shines. Situated only minutes from Aldi, local bus stops, Watsonia train station, and the bustling Plenty Road corridor, convenience is right at your doorstep. The number 86 tram is just moments away, providing direct access into the CBD, while RMIT and La Trobe University are both nearby, adding to the strong demand from both students and professionals in the area. Families will also appreciate the choice of reputable schools, nearby parks, and local shopping centres.

With its unbeatable combination of size, location, and future potential, this property represents a once in a generation opportunity to secure a standout corner block in Bundoora. Whether you are a developer ready to take advantage of the generous land size, an investor looking for a property with great rental appeal, or a homeowner searching for a block to build your dream residence, this offering ticks all the boxes.

Land size: 859m2 apprix
Deposit: 10% of the purchase price
Settlement preference: 90/120 days
Rental assessment: $600-$650 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.

Due diligence checklist for home and residential property buyers.

Explore the area

School catchments

St Damian's School Primary Prep-6 Catholic 0.46km
Bundoora Primary School Primary Prep-6 Government 0.71km
Bundoora Secondary College Secondary 7-12 Government 0.72km
Northside Christian College Combined Prep-12 Independent 0.89km
Parade College Secondary 7-12 Catholic 1.3km
Watsonia North Primary School Primary Prep-6 Government 1.7km
Loyola College Secondary 7-12 Catholic 1.7km
Norris Bank Primary School Primary Prep-6 Government 1.8km
Watsonia Primary School Primary Prep-6 Government 2.3km
Ivanhoe Grammar School - University Campus Combined Independent 2.4km
Greensborough Secondary College Secondary 7-12 Government 2.7km
Kingsbury Primary School Primary Prep-6 Government 2.7km
St Mary's School Primary Prep-6 Catholic 2.8km
Our Lady of the Way School Primary Prep-6 Catholic 2.8km
Macleod College Combined Prep-12 Government 2.8km
Mill Park Primary School Primary Prep-6 Government 3.0km
Charles La Trobe P-12 College-Deaf Facility Combined Government 3.1km
Charles La Trobe P-12 College Combined Prep-12 Government 3.1km
St John XXIII Primary School Primary Prep-6 Catholic 3.2km
Reservoir High School Secondary 7-12 Government 3.6km
Reservoir High School-Heidelberg Secondary Teaching Unit Secondary Government 3.7km
St Monica's College - St Stephen’s/Gaudete Campus Secondary Catholic 3.9km
Mill Park Secondary College Secondary 7-12 Government 4.1km
Lalor Secondary College Secondary 7-12 Government 4.2km
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.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.