55 Settlement Road Bundoora, VIC 3083

Sold on 4 Sep 2017
  • 9 Beds
  • 2 Baths
  • 2 Cars

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House in Bundoora


  • 9 Beds
  • 2 Baths
  • 2 Cars

The Best Opportunity for Investors!
***Sale by Nominated Date: Offer Close Tuesday 12th September at 6.00pm***

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 central 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.


2 garage spaces







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