House for Sale

55 Settlement Road Bundoora, VIC 3083

AUCTION: Sat 7 April at 2pm (Unless Sold Before)Play Video
  • 9 Beds
  • 2 Baths
  • 3 Cars

Inspection and auction details

  • Inspection:Saturday
    2:00pm - 2:30pm
  • Inspection:Thursday
    6:00pm - 6:30pm
  • Inspection:Saturday
    2:00pm - 2:30pm
  • Inspection:Thursday
    6:00pm - 6:30pm
  • Inspection:Saturday
    12:30pm - 1:00pm
  • Auction
    On Site

Auction location: On Site

Request an inspection
House for Sale in Bundoora

The Best Opportunity for Investors!

  • 9 Beds
  • 2 Baths
  • 3 Cars

A property of such size in such a highly sought after location requires your immediate attention. This magnificent tri-level home will be at the top of your list if you are looking for a super investment. Literally a brisk walk to the Plenty Rd tram, Bundoora shopping precinct and only a short ride to both La Trobe & RMIT Unis and to the Watsonia train station, you could not find a better property located for convenience, practicality and lifestyle.
Comprising of 9 good size bedrooms, 2 fully refurbished bathrooms and spacious kitchen with ample cupboard space overlooking meals and living area, this property has council permit to be a rooming house or student accommodation, which is perfect for investors to take advantage of the current influx of local and international students. Highlights include massive rental return of $75,000 per annum (approx.), ducted heating, evaporative cooling, alfresco dining, 3 car garage, and undercover storage.
Located within walking distance to Bundoora square, all forms of public transport, parks, local schools including; Latrobe and RMIT universities, you couldn't ask for a better position.
Call now to arrange an inspection.
Land Size: 584sqm
Property Size: 42sq approx
Age of Property: 1970s
Hot Water Service: Gas
Heating: Ducted heating
Cooling: Evaporative cooling
Council Rates: $1,800pa approx
Chattels: All fixtures and fittings as inspected
Deposit Terms: 10% of Purchase Price
Preferred Settlement: 30/60 days
Rental Appraisal: $1,450pw approx./ $75,000pa approx.
Nearest Schools: Latrobe University, RMIT University, St Damian's Primary School, Northside Christian College, Parade College, Loyola College, Bundoora Secondary College
Nearest Public Transport: Bus routes, Tram 86 on Plenty Road.

AUCTION: Saturday 7 April at 2pm (Unless sold prior)

  • Air Conditioning
  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Terrace/Balcony



584m² / 0.14 acres


3 garage spaces





All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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