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2 Bundara Crescent

Mount Eliza, VIC 3930, Australia
3 bed 1 bath 1 car763m²

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Area Price Guide
$1.29m$1.46m

Indicative price guide range

🏘️
72
Comparable
📊
$1.79m
Area median
⚖️
-23%
vs median
📐
$1,802
Per m²
📏
763 m²
Land
🗓️
Yesterday
Listed

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Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Occupying a prime corner position on Wooralla Drive and Bundara Crescent, this weatherboard residence on approximately 763sqm (approx.) carries three permitted uses for medical and allied health services, residential use, and early learning, making it one of the most adaptable landholdings available in Mt Eliza. Steps from Peninsula Grammar, the property attracts an immediate and obvious tenant or owner-occupier profile, with the current dual-practitioner medical permit already generating returns for an incoming investor. The existing layout functions beautifully in its present configuration, with a serene reception foyer introducing hardwood floors and leafy green outlooks, three consulting rooms or bedrooms, two offices, a kitchenette, and a bathroom, each room fitted with split-system heating and cooling and two consultation rooms with sinks. A landscaped allotment, verandah entry, and off-street parking for eleven vehicles add further practicality to a building that already operates at a high standard. Mt Eliza Village is a short walk away, with Peninsula Grammar, Mt Eliza Primary, Tower Road cafes, and bus services all within easy reach, placing this property at the centre of one of the Mornington Peninsula's most tightly held lifestyle precincts. Whether the next chapter is a thriving practice, a family conversion, or a long-term landbank, the fundamentals here are exceptional.

Property Features

    Location & Nearby

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    Neighbourhood Insights

    🏫
    4
    Schools
    Nearest 1.4km
    🌳
    15
    Parks
    Nearest 1.7km
    🛍️
    30+
    Shops & dining
    Nearest 2.0km
    Nearby amenities from OpenStreetMap, within ~2km of this property

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