SOLD
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Sold on 01 Aug 2024 for $700,000

508 Grimshaw Street
Bundoora VIC 3083

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Floor area: 112m2
Land area: 534m2
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Property Details for 508 Grimshaw St, Bundoora

508 Grimshaw St, Bundoora is a 3 bedroom, 1 bathroom House with 6 parking spaces. The property has a land size of 534m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Bundoora in the last 12 months.

Building Type
House
Floor Size
112m2
Land Size
534m2
Local Government
Banyule
Lot/Plan
20/LP77738

Last Listing description (August 2024)

Selling under instructions, this property is perfectly suited for a dental or medical business, whilst also being versatile enough that it could be reverted into a residential home. This property is located in a high-profile area with excellent exposure on Grimshaw Street and easy access to Plenty Rd trams, schools and an array of conveniences.. It offers an ideal setup for practitioners, having already established permits for dental practice and surgery and a clean slate for residential buyers to make their mark.

The premises include a spacious reception area and waiting room, along with multiple patient rooms that meet all required hygiene standards. The quality fitout ensures the space is ready for immediate use. Additionally, a large rear car park and low-maintenance landscaping add to the property's convenience and appeal.

With Bundoora's growing dental & medical sectors and the anticipated expansion of Northpark Private Hospital, this property presents a blue-chip opportunity for discerning practitioners. The prime location means you can turn the key and start your business right away.

Don't miss this opportunity-contact us today to inquire!

Property History for 508 Grimshaw St, Bundoora, VIC 3083

A timeline of how this property has performed in the market
Last Sold
$700,000
01 Aug 2024
  • 01 Aug 2024
    Sold for $700,000
  • 24 May 2024
    Listed for Sale $700,000 to $750,000
  • 25 Mar 2017
    Sold for $775,000
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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 13,912 properties. Over the last 5 years, Houses in Bundoora have seen a 25.14% increase in median value, while Units have seen a 21.18% increase. As at 30 September 2024:

  • The median value for Houses in Bundoora is $908,947 while the median value for Units is $505,591.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 74 properties listed for sale, and 31 properties listed for rent in Bundoora on OnTheHouse. According to CoreLogic's data, 517 properties were sold in the past 12 months in Bundoora.

Suburb Insights for Bundoora 3083

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David Moxon
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Michael Egan
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Barry Plant - Bundoora
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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.