2 Bundara Crescent, Mount Eliza, Vic 3930

$1,375,000 - $1,500,000

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings
763 m²
Area

Published on Thursday, April 02, 2026 ( See property details for 2 Bundara Crescent, Mount Eliza, Vic 3930)

$1,375,000 - $1,500,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile and well-located weatherboard residence on a corner allotment in Mount Eliza, offering flexible land use options and excellent amenities for both owner-occupiers and investors.

🏡 Property Highlights

  • Prime corner position on Wooralla Drive and Bundara Crescent
  • Flexible land use permits for medical, residential, and early learning
  • Current medical permit generating immediate rental income
  • Well-maintained weatherboard residence with versatile layout
  • Close proximity to Peninsula Grammar and Mt Eliza Village
  • Landscaped allotment with off-street parking for eleven vehicles

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Air Conditioning
  • Outdoor Area
  • Secure Parking
  • Ceiling Fans
  • Ensuite
  • Home Office / Study
  • Waterfront / Views
  • Extra Storage (Shed/Linen)

Mount Eliza is a highly sought-after lifestyle suburb on the Mornington Peninsula, renowned for its scenic beauty, excellent schools, and vibrant community. The area offers a mix of family-friendly amenities, parks, and cafes, all within easy reach of the beach and nature reserves. Its strong local infrastructure and proximity to Melbourne make it ideal for both families and investors seeking a high-quality lifestyle. The suburb’s well-maintained streets and active community create a welcoming environment for residents and visitors alike.

What are the current permitted uses for this property?
The property has permits for medical and allied health services, residential use, and early learning, providing versatile options for different tenants or owners.
Is there existing income from the property?
Yes, the current medical permit is generating rental returns, making it an attractive investment opportunity.
What amenities are nearby?
The property is within walking distance to Mt Eliza Village, Peninsula Grammar, Mt Eliza Primary, cafes, and bus services, offering convenient lifestyle options.
Can the property be converted for residential use?
Yes, the existing layout is suitable for a family conversion or other residential purposes, subject to council approval.
What parking facilities are available?
The property features off-street parking for eleven vehicles, providing ample space for staff, clients, or family vehicles.
Are there any restrictions or conditions attached to the current permits for medical or early learning uses? Are there any planned developments or zoning changes in the area that could affect the property's value or use? What are the ongoing costs associated with maintaining the property and its permits? Is the property compliant with all current building and safety regulations? Are there any easements, covenants, or encumbrances affecting the land? What is the history of the property's occupancy and any previous issues? Are there any flood or bushfire risks associated with the location? Is there any upcoming construction or infrastructure projects nearby that could impact the property? What are the strata or body corporate considerations if applicable? Are there any restrictions on future modifications or extensions to the property?

2 Bundara Crescent, Mount Eliza, Vic 3930 - More Details

$1,375,000 - $1,500,000

Type
House
Bedrooms
3
Bathrooms
1
Parkings
1
Area
763 m²

Price guide

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