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568 Grimshaw Street, Bundoora, VIC 3083

568 Grimshaw Street, Bundoora, VIC 3083

1 / 19

View floor plan

For sale

Asking $1,350,000

568 Grimshaw Street, Bundoora, VIC 3083

4

2

916m²

0m²

house - house: one storey / lowset

Property Description

Listed on 11 June 2025

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.

Estimated value

Based on comparable sales, past sales and available property data

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Rental income estimate and range

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Property history

A breakdown of how regularly this property entered and exited the market for sale or lease.

Rental
Sep 2023

$40,000 PA

Sold
May 2017

$1,100,000

Sold
Jun 2005

$285,000

Sold
Nov 2002

Price undisclosed

Listed for sale
Jun 2025

Asking $1,350,000

Median house price trends

Comparing the price trend of houses in Bundoora against the state of Victoria over the last 4 years. Source: CoreLogic

Comparable properties

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Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

26 Days

House median days on market

38 Days

Unit median days on market

498 Properties

Sold in last 12 months

103 Properties

Available in the last month

Bundoora residents

Key characteristics of the residents in the area, view the full breakdown of the suburb here.

60+

Is the most common age range

Outright Owners

Most common occupant type

Families

Most common household profile

Professionals

Most common occupation

Detached Houses

Most common property type

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Nearby education

Schooling and educational options in the area, for all ages.

Bundoora Primary School

K - Yr 6

Government

Norris Bank Primary School

K - Yr 6

Government

Northside Christian College

K - Yr 12

Independent

St Damian's School

K - Yr 6

Catholic

Get a wider view

Widen your research to learn about the suburb, council or state that this property belongs to.

Bundoora

View the suburb data

Whittlesea

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Victoria

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Contact the agent

Ashlyn Wang

Fletchers Bundoora

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