6-8 Elizabeth Grove, Bundoora, Vic 3083

SBSD Tue 14th April $1,800,000 - $1,950,000

House
Type
6
Bedrooms
2
Bathrooms
6
Parkings
1,528 m²
Area

Last updated on Wednesday, April 08, 2026 ( See property details for 6-8 Elizabeth Grove, Bundoora, Vic 3083)

SBSD Tue 14th April $1,800,000 - $1,950,000

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

A rare development opportunity in Bundoora offering approved plans for six townhouses on a substantial, flat 1,528m² allotment with flexible income options and prime location amenities.

🏡 Property Highlights

  • Rare combined landholding of approximately 1,528m² with approved plans for six townhouses
  • Prime development site in a proven growth corridor with planning certainty
  • Largely flat allotment with wide frontage for flexible design and construction
  • Existing homes leased on a month-to-month basis providing flexible holding income
  • Excellent location close to Bundoora Square and quality educational institutions
  • Proximity to public transport, parklands, and Gresswell Forest Nature Conservation Reserve

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Waterfront / Views
  • Outdoor Area
  • Secure Parking
  • Home Office / Study
  • Ceiling Fans
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)

Bundoora is a highly sought-after suburb known for its strong growth potential, excellent educational institutions, and abundant green spaces. It offers convenient access to public transport, shopping precincts, and natural reserves, making it ideal for families, investors, and developers seeking a vibrant community with high-end amenities and lifestyle appeal.

What is the zoning and development potential for this property?
The property has approved plans and permits for six townhouses, providing a clear development pathway in a proven growth corridor.
Are there existing tenants on the property, and what is the rental income?
Yes, both existing homes are currently leased on a month-to-month basis, offering flexible holding income while planning or developing.
What are the nearby amenities and transport options?
The property is close to Bundoora Square, multiple schools including Bundoora Primary and Loyola College, La Trobe and RMIT Universities, public transport, parklands, and Gresswell Forest Nature Reserve.
Is the land suitable for further development or subdivision?
Yes, the largely flat allotment with wide frontage enhances design flexibility, and approved plans are available for six townhouses.
What are the key features of the existing homes on the property?
The existing homes are currently leased and offer flexible income, with features including open-plan living, built-in robes, and modern amenities.
Are there any additional costs or fees associated with the approved development plans? Have all necessary permits and approvals been obtained and are they compliant with current regulations? Are there any easements, zoning restrictions, or covenants affecting the property? Is there any history of flooding, bushfire risk, or environmental concerns on the land? Are there any upcoming planning or construction activities in the vicinity that could impact the property’s value or livability? What are the strata or community management arrangements, if applicable? Are there any hidden costs for connection to utilities or infrastructure upgrades? Has the property been surveyed recently, and are there any boundary or title issues? What is the condition of the existing structures, and are there any repairs or renovations needed? Are there any restrictions on future development or subdivision beyond the approved plans?

6-8 Elizabeth Grove, Bundoora, Vic 3083 - More Details

SBSD Tue 14th April $1,800,000 - $1,950,000

Type
House
Bedrooms
6
Bathrooms
2
Parkings
6
Area
1,528 m²

Price guide

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