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568 Grimshaw Street

Bundoora VIC 3083

4
2
13
916 m²
House
Currently for sale - view listing

Overview

Prime Allied Health Investment in the Heart of Bundoora

An exceptional investment opportunity awaits with this thriving Allied Health Clinic, ideally located in the heart of Bundoora. Set on approximately 916 sqm of land, this modern medical facility is designed for practicality and comfort, featuring four spacious, light-filled consulting rooms, two large patient waiting areas, a bright and welcoming reception area, kitchenette, staff amenities, and ample on-site car parking. Currently leased to a well-established Allied Health provider, the property generates a secure rental return of $40,000 per annum plus outgoings, with the current lease in place until November 2026 and a 6-year relet option, offering long-term income security for investors. The location is second to none, with outstanding accessibility and local convenience. Public transport options are plentiful, with Tram Route 86 just moments away on Plenty Road, easy connections via local bus routes, and proximity to Watsonia Train Station. The property also enjoys quick access to the M80 Metropolitan Ring Road, making commuting seamless for staff and clients alike. Adding to its appeal, the clinic is close to respected schools, shopping precincts including Bundoora Square and Uni Hill, and a vibrant local community. Whether you're expanding your portfolio or seeking a secure, high-yielding asset in a growing healthcare hub, this is an opportunity not to be missed. This property is a rare find, contact us today to arrange an inspection – this is one investment you won’t want to miss. Terms: 10% Deposit, Balance in 30/60/90 days.

Features

4 bedrooms
2 bathrooms
13 carspaces
13 open car spaces
916 m² lot size
House

Happy sellers in Bundoora

85%
85% 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 69 reviews in Bundoora over the last 12 months.

Local market activity for 4 bedroom houses in Bundoora

In the last 12 months, 108 four-bedroom houses similar to 568 Grimshaw Street, have been sold.

This represents a 16% increase in four-bedroom houses sales when compared to the previous 12 months.

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