6/445 Grimshaw StreetBundoora VIC 3083
Property Details for 6/445 Grimshaw St, Bundoora
Last Listing description (June 2021)
Knight Frank is pleased to offer for sale this outstanding investment opportunity. Located within a busy mixed-use strata development, the property is securely leased to a government tenant, Australia Post. The property is currently utilized as a mail center, that services the Banyule municipality and surrounding areas.
Key benefits of this property include:
Strong Government lease covenant to Australia Post
Development potential (STCA)
Building Area: 1,282 sqm (approx.)
Situated in a high-profile main road location
Ample on-site car parking
Situated on Grimshaw Street between Plenty and Greensborough Road the property is surrounded by a mixture of Retail, Light Industrial and Residential properties. Given the properties location, it enjoys excellent surrounding amenity and benefits from bus services along Grimshaw Street, providing connectivity to Greensborough and Watsonia Train Stations.
For further information or to arrange an inspection, please contact one of the listed agents below.
Property History for 6/445 Grimshaw St, Bundoora, VIC 3083
- 02 Jun 2021Sold for $2,046,000
- 16 Nov 2019Listed for Sale Contact Agent
- 19 Jan 2006Listed for Sale Not Disclosed
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0About 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.
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