8 Grasstree Way

Bundoora VIC 3083

96 m²

Townhouse

Last sold for $483,000

Kristian Williams, last sold this property on 30 June 2025 after 11 days on market.

Overview

Prime Investment in the Heart of Bundoora

An outstanding investment opportunity awaits in the heart of thriving Bundoora, just a short stroll from RMIT University and the bustling University Hill Shopping Precinct. This modern and stylish townhouse is currently leased until November 2025, generating a solid return of $2,086 per calendar month—perfect for investors looking for immediate income and long-term growth. The home’s contemporary design boasts two generously sized bedrooms upstairs, serviced by a sleek central bathroom. Downstairs features a spacious open-plan living and dining area filled with natural light, a second full bathroom, and seamless access to a private courtyard and a tranquil balcony—ideal for relaxing or entertaining. Quality finishes throughout include feature tiles and split system heating and cooling, ensuring comfort all year round. Additional highlights include two off-street car spaces, convenient access to local bus services and Tram 86 just down the road, and easy connectivity to the M80 Metropolitan Ring Road—making commuting a breeze. Set in a high-demand location with everything at your doorstep, this is a rare chance to secure a low-maintenance, high-performing asset. Terms: 10% deposit, balance Negotiable

Features

2 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

96 m² lot size

Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Bundoora over the last 12 months, the estimated median property value of 8 Grasstree Way is $639.5k.

Median value

$639.5k

Estimated value range

$479k - $712k

Median days on market

Estimated value trend

30%

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.