Back 1 Manchester Cres
Off Market

1 Manchester Cres

Bundoora VIC 3083

3
2
2
House
Last sold for $725,000
Stuart BuckinghamStuart Buckingham, last sold this property on 04 June 2026 after 202 days on market.

Overview

Long-Term “A” Class Tenant- Lease until 2035

** PRIVATE INSPECTION BY APPOINTMENT ONLY** Seize this rare chance to own a high-yielding town residence in a premier location. Ground floor spaces, including an open-plan living and meals anchored by a stone-finished, stainless-steel-equipped kitchen, are complemented by a first floor offering a main bedroom with a deluxe ensuite and two further bedrooms sharing an equally enticing family bathroom. A short walk from Uni Hill, shops, restaurants and cafes, medical and professional services, gymnasiums, RMIT, parklands, and Plenty Road trams for the easy trip to the CBD. To be sold with a long-term lease to a respected hotel group (expires in September 2035), it offers hassle-free income and minimal landlord responsibilities, creating the ideal set-and-forget investment. Features • Long-term lease expiring in September 2035 • 2 x 10-year further lease options • Market review scheduled for 2029 • Predictable outgoings • Tenant absorbs maintenance costs • No concerns with finding tenants • Low risk, low effort investment • Well-suited for SMSF investment • 4% increase yearly • $2,937.00 rent per calendar month ($35,244.00 per year) ** PRIVATE INSPECTION BY APPOINTMENT ONLY**

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Bundoora over the last 12 months, the estimated median property value of 1 Manchester Cres is $875.5k.

Median value
$875.5k
Estimated value range
$560k - $1.28m
Median days on market
25
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Bundoora. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 Manchester Cres

2026
Sold
$725,000
04 Jun 2026 by Stuart Buckingham, of Buckingham Estate Agents
2018
Sold
$700,000
06 Sep 2018 by Ryan Yan, of Jellis Craig Glen Waverley

Happy sellers in Bundoora

82%
82% of sellers in Bundoora reported that their sale price either exceeded or met their price expectations.

Bundoora stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 56 reviews in Bundoora over the last 12 months.

Local market activity for 3 bedroom houses in Bundoora

In the last 12 months, 171 three-bedroom houses similar to 1 Manchester Cres, have been sold.

This represents a 27% decrease in three-bedroom houses sales when compared to the previous 12 months.

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