1 Gum Grove, Bundoora VIC 3083

Dual Residences in Botanica | $1,250 pw Rental Return

Block Of Units
Type
6
Bedrooms
5
Bathrooms
4
Parkings

Last updated on Saturday, August 29, 2026 ( See property details for 1 Gum Grove, Bundoora VIC 3083)

$1,650,000

Andrew Mizzi DIRECTOR / CHIEF AUCTIONEER
Gin Wu Sales Executive / Elite Performer
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare and versatile dual-residence property on a spacious 745sqm block in Bundoora's desirable Botanica precinct, offering exceptional flexibility and modern amenities.

🏡 Property Highlights

  • Dual residences with separate meters and entrances for versatile living options
  • Spacious 745sqm block in the highly sought-after Botanica precinct
  • Multiple outdoor entertaining areas including a large deck and courtyards
  • Modern kitchens with stainless steel appliances and open-plan living spaces
  • Six bedrooms including three ensuites, plus a home office and study nook
  • Refrigerated heating & cooling systems, alarm security, and drive-through garages

✨ Key Features

  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Home Office / Study
  • Security Screens / Gates
  • Balcony
  • Ensuite
  • Shed
  • Water tank

Bundoora's Botanica precinct is renowned for its family-friendly environment, lush parks, and convenient access to amenities. The area offers excellent schools, shopping centres, and public transport options, making it ideal for both families and investors seeking a vibrant community with a high quality of life.

What are the main features of this dual-residence property?
This property offers two separately metered dwellings with private entrances, multiple living and outdoor entertaining areas, modern kitchens, and ample parking including drive-through garages.
Is the property suitable for investment purposes?
Yes, with a current rental income of $5,435 per month and fixed leases until February 2027, it presents a strong investment opportunity with dual income potential.
What amenities are nearby?
The property is located in the desirable Botanica precinct, close to parks, schools, shopping centres, and public transport options, providing a convenient lifestyle.
Does the property include modern heating and cooling systems?
Yes, it features refrigerated heating and cooling systems for year-round comfort.
Are there outdoor spaces suitable for entertaining?
Absolutely, the property boasts multiple courtyards and a large deck perfect for outdoor entertaining and relaxing.
Are there any existing planning or building approvals for the dual residences? Are there any easements, covenants, or zoning restrictions affecting the property? What are the potential costs for ongoing maintenance of the outdoor areas and shared amenities? Is there any history of flooding or bushfire risk in this area? Are there any upcoming development plans or construction projects nearby that could impact the property’s value or privacy?

1 Gum Grove, Bundoora VIC 3083 - More Details

Dual Residences in Botanica | $1,250 pw Rental Return

A truly unique offering, this property combines two separately metered dwellings into one, providing the flexibility to occupy both or live in one and lease the other - each with its own entrance and garage. Set on 745sqm in the highly sought-after Botanica precinct, it's a rare opportunity that blends space, versatility and location.

Upon entry you're greeted with an abundance of light that is helped with the floor to ceiling windows to showcase an outstanding lounge room. The space flows through to a separate sitting room/rumpus/bedroom with its own courtyard and a downstairs bathroom provides further flexibility. Another family room provides further space while the heart of the home is graced with a modern kitchen and an open meals area while overlooking the lovely courtyard.

Upstairs you have a stunning master bedroom with a WIR, huge ensuite and a private balcony. Two more bedrooms with BIRs are on offer along with a central bathroom, as well as a spacious landing space you can use as a study nook.

Add to this a 2 car lock up garage with remote and drive through access, and we're only half way through.

Access through to the additional home is either through the backyard or through your own front door. A master bedroom and a great bathroom are on offer on the lower level and upstairs you have a lovely kitchen with S/S appliances, an open plan meals and living area. Further to this there is another bedroom with BIR, an additional bathroom and a study room/bedroom. Boasting its own 2 car garage with remote and drive through access, along with space for another vehicle.

For those that like to entertain, you're more than looked after with the stunning backyard that boasts a huge deck and various sitting areas.

Property Highlights:

* 6 bedrooms (incl 3 en-suites)| Home office | Study | 5 bathrooms | 4-car garage

* Dual residences with separate meters & entrances

* Multiple courtyards and outdoor entertaining areas

* Refrigerated heating & cooling systems, plus alarm

* 745sqm of land in prime Botanica precinct

Opportunities of this scale and flexibility are rarely available - inspect today to secure one of Bundoora's most versatile properties.

Land size: 745m2 approx
Deposit: 10% of the purchase price
Settlement preference: 30/60/90 days
Rental Return: $5,435 per calendar month (1A $750 per week & 1B $500 per week, both on fixed lease till Feb 2027)
Type
Block Of Units
Bedrooms
6
Bathrooms
5
Parkings
4
Area
0.0

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