6 Elizabeth Grove, Bundoora, VIC, 3083

Approved 6-Townhouse Development Site | 1,528m² (Approx.) | Prime Position

House
Type
6
Bedrooms
2
Bathrooms
6
Parkings

Published on Thursday, March 05, 2026 ( See property details for 6 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, and flexible landholding with existing leased homes for income.

🏡 Property Highlights

  • Substantial combined landholding of approximately 1,528m² with approved plans for six townhouses
  • Prime development site with planning certainty in a proven growth corridor
  • Largely flat allotment with wide frontage for flexible design and construction
  • Existing homes currently leased providing flexible holding income
  • Close proximity to Bundoora Square and quality educational institutions
  • Accessible public transport, parklands, and natural reserves nearby

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Garage
  • Outdoor Area
  • Waterfront / Views
  • Secure Parking
  • Pet-Friendly
  • Home Office / Study
  • Ensuite
  • Balcony

Bundoora is a highly sought-after suburb known for its family-friendly environment, excellent schools, and strong community vibe. It offers convenient access to public transport, parklands, and natural reserves, making it ideal for both families and developers. The area boasts a proven growth trajectory, ensuring strong investment potential. Local amenities include shopping centres, educational institutions, and recreational facilities, all within a vibrant and well-established setting.

What is the current condition of the existing homes on the property?
The existing homes are currently leased on a month-to-month basis, providing flexible holding income while planning or developing the site.
Are the approved plans for the six townhouses available for review?
Yes, the approved plans and permits are available upon request, offering clarity and certainty for development.
What are the zoning and planning restrictions for this property?
The property has approved plans and permits for six townhouses, with detailed zoning information available from the local council to ensure compliance.
Is there potential for further development or subdivision?
The current approval is for six townhouses, but potential for further development would require consultation with local planning authorities.
What are the nearby amenities and transport options?
The property is close to Bundoora Square, schools, La Trobe and RMIT Universities, public transport, parklands, and Gresswell Forest Nature Conservation Reserve.
Are there any additional costs or fees associated with the development approval process? Has the property been affected by any zoning changes or planning amendments recently? Are there any easements, covenants, or restrictions that could impact development plans? What is the history of the existing homes regarding structural integrity or repairs needed? Are there any upcoming infrastructure projects or developments in the area that could affect property value or construction?

6 Elizabeth Grove, Bundoora, VIC, 3083 - More Details

Approved 6-Townhouse Development Site | 1,528m² (Approx.) | Prime Position

Type
House
Bedrooms
6
Bathrooms
2
Parkings
6

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