OFF MARKET

416 Grimshaw Street
Bundoora VIC 3083

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 109m2
Land area: 535m2
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Property Details for 416 Grimshaw St, Bundoora

416 Grimshaw St, Bundoora is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 535m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
1960
Floor Size
109m2
Land Size
535m2
Local Government
Banyule
Lot/Plan
6/LP75615

Last Listing description (September 2022)

Hudson Bond Commercial is pleased to present this excellent opportunity to secure a neat home consisting of 536sqm with a three bedroom dwelling on Grimshaw Street in Bundoora.

Developers and investors can capitalise on this incredible location in the heart of Bundoora whilst offering a variety of development opportunities including both commercial, medical and residential uses (S.T.C.A).

Features include:

- Versatile 536sqm Land Holding
- Three Large Bedrooms & Central Bathroom
- Air conditioning, gas ducted heating, evaporative cooling & shutter blinds
- Large floor plan with great sized living areas including a formal lounge, open plan rear featuring kitchen overlooking meals and family room with an undercover decking pergola area allowing for outdoor entertaining.
- Fantastic off street parking includes secure double carport, shed with workshop, and a self-contained studio, plus space for four to five more cars.
- Potential Medical/Residential Development (STCA)
- Potential to acquire adjoining corner
- Suit Occupier/Investor/Developer
- Surrounding Commercial, Retail & Residential Development
- Zoned General Residential Zone - Schedule 1

Anchored by Food Works, Pharmacy, Northern KIA, Northern Nissan, Watson Holden, Concord School & Loyola College. Just minutes From Northern Ring Rd, Plenty Rd & Greens

Property History for 416 Grimshaw St, Bundoora, VIC 3083

A timeline of how this property has performed in the market
Last Sold
$800,000
20 Jun 2022
Listed for Rent
$390/w
11 Jan 2019
  • 20 Jun 2022
    Sold for $800,000
  • 28 Mar 2022
    Listed for Sale $850,000 Each
  • 08 Jun 2017
    Listed for Rent $390 / week
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About Bundoora 3083

The size of Bundoora is approximately 17.3 square kilometres. It has 85 parks covering nearly 31.6% of total area. The population of Bundoora in 2011 was 25,709 people. By 2016 the population was 28,648 showing a population growth of 11.4% in the area during that time. The predominant age group in Bundoora is 20-29 years. Households in Bundoora are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bundoora work in a professional occupation. In 2011, 75.6% of the homes in Bundoora were owner-occupied compared with 68.9% in 2016.

Bundoora has 13,928 properties. Over the last 5 years, Houses in Bundoora have seen a 18.19% increase in median value, while Units have seen a 18.82% increase. As at 30 November 2024:

  • The median value for Houses in Bundoora is $888,231 while the median value for Units is $504,289.
  • Houses have a median rent of $570 while Units have a median rent of $480.
There are currently 61 properties listed for sale, and 27 properties listed for rent in Bundoora on OnTheHouse. According to CoreLogic's data, 539 properties were sold in the past 12 months in Bundoora.

Suburb Insights for Bundoora 3083

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.