SOLD $954,000 BY GIN WU & KOSTAS KOSMOGLOU

***The Auction will take place Thursday 21 May at 6:30 PM at Ray White Bundoora Office located at 1344-1346 Plenty Road, Bundoora***

2 Properties On One Title

Welcome to an outstanding investment opportunity set on a generous 700sqm (approx.) corner allotment, offering both immediate rental returns and exciting future potential.

Currently comprising two well-maintained units, each with its own private backyard and lock-up garage, this versatile property is ideal for investors seeking a reliable income stream or those looking to explore future development options (STCA). With strong tenant appeal and a proven rental history, this is a rare chance to secure a quality dual-occupancy holding in a high-demand location.

Both units feature functional kitchens, comfortable living areas, and practical layouts designed to suit modern tenants. The spaces are well proportioned and easy to maintain, making them consistently popular within the rental market.

Unit 1 (brick veneer) offers three spacious bedrooms, while Unit 2 (weatherboard) includes two bedrooms, providing flexible accommodation options for singles, couples, and small families. Each residence is complemented by a well-appointed bathroom and excellent natural light throughout.

A standout feature is the inclusion of separate outdoor areas for each unit-private backyards that enhance lifestyle appeal and add significant value in the rental market. Combined with individual garages, the property delivers the kind of convenience and privacy rarely found in multi-unit opportunities.

Perfectly positioned within walking distance to Thomastown Train Station, local schools, and only minutes from the vibrant Station Street shopping precinct, cafés and eateries, this location offers unbeatable accessibility. With easy access to the Metropolitan Ring Road and major arterial routes, the property is ideally placed for commuters and future growth.

This is a prime opportunity to secure a high-performing investment with long-term upside in a rapidly developing area.

Land Size: 694m2 (Approx)
Deposit: 10% of the purchase price
Settlement Preference: 30/60/90 days
Rental Assessment: $3600 per calendar month for both together
Owners Corp Fee: nil

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

Thomastown East Primary School Primary Prep-6 Government 0.42km
Thomastown Primary School Primary Prep-6 Government 0.86km
St Luke's School Primary Prep-6 Catholic 1.2km
Lalor East Primary School Primary Prep-6 Government 1.4km
Lalor Primary School Primary Prep-6 Government 1.4km
Lalor Secondary College Secondary 7-12 Government 1.5km
St John XXIII Primary School Primary Prep-6 Catholic 1.6km
Thomastown Secondary College Secondary 7-12 Government 1.7km
Peter Lalor Secondary College Secondary 10-12 Government 1.7km
Thomastown West Primary School Primary Prep-6 Government 1.9km
William Ruthven Secondary College Secondary 7-12 Government 2.1km
St Clare's School Primary Prep-6 Catholic 2.2km
Lalor North Primary School Primary Prep-6 Government 2.2km
William Ruthven Primary School Primary Prep-6 Government 2.3km
Norris Bank Primary School Primary Prep-6 Government 2.3km
Maharishi School of the Age of Enlightenment Primary Prep-6 Independent 2.4km
Reservoir Views Primary School Primary Prep-6 Government 2.5km
St Catherine's School Primary Prep-6 Catholic 2.5km
Thomastown Meadows Primary School Primary Prep-6 Government 2.6km
Lalor North Secondary College Secondary 7-12 Government 2.7km
St Monica's College - Dalton Road Campus Secondary Catholic 3.2km
Northside Christian College Combined Prep-12 Independent 3.2km
St Monica's College - St Stephen’s/Gaudete Campus Secondary Catholic 3.2km
St Monica's College - Davisson Street Secondary 7-12 Catholic 3.6km
Y Community School Secondary 10-12 Independent 3.9km
Parade College Secondary 7-12 Catholic 4.1km
Mill Park Secondary College Secondary 7-12 Government 4.2km
Yea High School-Memorial Hall campus Secondary Government 4.4km
Epping Secondary College Secondary 7-12 Government 4.4km
Reservoir High School Secondary 7-12 Government 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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