45 Koolkuna Avenue, Doncaster, Vic 3108

Forthcoming Auction $1,250,000 to $1,350,000

House
Type
8
Bedrooms
3
Bathrooms
2
Parkings
658 mΒ²
Area

Published on Friday, July 24, 2026 ( See property details for 45 Koolkuna Avenue, Doncaster, Vic 3108)

Forthcoming Auction $1,250,000 to $1,350,000

Ellie Gong Director / Licensed Estate Agent
Cherie Sun Partner/Licensed Real Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile and highly profitable property in a prime Doncaster location offering investment, family living, or redevelopment opportunities on a 658sqm allotment.

🏑 Property Highlights

  • Lucrative eight-bedroom rooming house permit with current income of $136,000 per annum
  • Highly convenient location just metres from Westfield Doncaster and major bus routes
  • Flexible property with options to retain the investment, revert to a large family home, or redevelop STCA
  • Elevated high-side position with north-facing backyard for optimal sunlight
  • Generous 658sqm allotment offering development potential for prestige residences or townhouses
  • Close proximity to top schools including Birralee Primary and Koonung Secondary College

✨ Key Features

  • Eight-bedroom rooming house permit
  • Current income of approximately $136,000 per annum
  • North-facing backyard
  • Elevated high-side position
  • 658sqm (approx.) allotment
  • Development potential (STCA)
  • Walk to Westfield Doncaster
  • Walk to buses to Box Hill and the CBD
  • Metres from Birralee Primary School
  • Secure parking for two cars
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45 Koolkuna Avenue
Doncaster, VIC 3108
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Vertical aerial view β€” 45 Koolkuna Avenue
45 Koolkuna Avenue — Vertical Aerial  •  Doncaster, VIC 3108  •  Nearmap © 2026

Doncaster is a vibrant suburb renowned for its excellent shopping, top schools, and convenient transport links. It offers a family-friendly environment with parks, playgrounds, and easy access to the Eastern Freeway. The area is ideal for both investors and families seeking a thriving community. Proximity to Westfield Doncaster ensures premier retail and dining experiences, while local schools and transport options make it highly desirable. The neighbourhood combines urban convenience with suburban tranquility, making it a sought-after address in Melbourne’s east.

Can I convert this property back into a family home?
Yes, the property offers flexible options to revert to a large four-bedroom plus study family residence with multiple living zones.
What are the redevelopment possibilities for this site?
Subject to council approval (STCA), the 658sqm allotment can be redeveloped with a prestige residence or multiple townhouses, offering significant future potential.
Is the current income from the rooming house sustainable?
The property currently generates approximately $136,000 annually, providing a strong income stream, though future income may vary based on tenancy and market conditions.
What are the zoning and planning restrictions?
The property is zoned for potential redevelopment (STCA), but prospective buyers should verify with local council regarding specific zoning and planning regulations.
Are there any nearby construction or development plans?
Potential buyers should consult local planning authorities for any upcoming developments or zoning changes in the vicinity.
Are there any hidden costs or upcoming maintenance requirements associated with the property? Has the property been inspected for structural issues or pests? Are there any restrictions or covenants affecting redevelopment or subdivision? What are the council rates and potential development levies? Is the property located in a flood or bushfire-prone area? Are there any easements or zoning restrictions that could impact redevelopment plans? What is the history of the property's occupancy and income stability? Are there any planned infrastructure projects nearby that could affect the property?

45 Koolkuna Avenue, Doncaster, Vic 3108 - More Details

Forthcoming Auction $1,250,000 to $1,350,000

Only metres from Westfield Doncaster and buses bound for Box Hill TAFE, Deakin University and the city, this comfortably large family home is worth its weight in gold.
A highly lucrative investment or redevelopment opportunity, it comes with a valuable permit to run an eight-bedroom rooming house, currently returning an annual income of $136,000 (from Rooming House Operators).
In the heart of this abode is a meals area and modern stone-topped kitchen with stainless steel appliances, perfectly designed for this style of accommodation. Comfortably serviced by two bathrooms, a powder room, and split system air-conditioners, appreciate the convenience of a covered alfresco and secure parking for two cars.
Choose your prosperous future by either:
β€’ retaining the rooming house investment;
β€’ reverting to the enormous four-bedroom plus study family home with three living zones; or
β€’ redeveloping the 658sqm (approx.) allotment with one prestige residence or premium townhouses (STCA).
Zoned for highly regarded Birralee Primary School and Koonung Secondary College, nearby buses travel to Balwyn, Canterbury and Kew's elite private schools. Just moments from the Eastern Freeway, walk to Wilsons Reserve Playground, Next Gen Doncaster, and The Stables Provedore CafΓ©.
Features
β€’ Eight-bedroom rooming house permit
β€’ Current income of approximately $136,000 per annum
β€’ North-facing backyard
β€’ Elevated high-side position
β€’ 658sqm (approx.) allotment
β€’ Flexible family home conversion
β€’ Development potential (STCA)
β€’ Walk to Westfield Doncaster
β€’ Walk to buses to Box Hill and the CBD
β€’ Metres from Birralee Primary School
Disclaimer: We have prepared this document using our best endeavours to ensure that the information contained herein is true and accurate; however, we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements. Prospective purchasers should make their own enquiries to verify the information contained herein. Purchasers are encouraged to refer to the due diligence checklist provided by Consumer Affairs Victoria: http://www.consumer.vic.gov.au/duediligencechecklist
Type
House
Bedrooms
8
Bathrooms
3
Parkings
2
Area
658 mΒ²

Price guide

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