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6-8 Elizabeth Grove

Bundoora, VIC 3083, Australia

6 bed 2 bath 6 car1528m²

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AI Valuation Estimate

$1.65m – $1.85m

Based on recent comparable sales in Bundoora

+6.2% suburb growth over 12 months

🏫

8.4/10

Schools

🚇

87/100

Walk Score

📈

+6.2%

Growth

🛡️

9.1/10

Safety

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About this property

6 & 8 Elizabeth Grove, Bundoora offer a rare and highly sought-after opportunity to secure a substantial combined landholding of 1,528m² (approx.) with approved plans and permits for six townhouses (available on request). Positioned in a quiet, established residential pocket, this ready-to-go development site provides valuable planning certainty for builders and developers seeking their next project in a proven growth corridor. The largely flat allotment with wide frontage enhances design flexibility and construction efficiency, while both existing homes are currently leased on a month-to-month basis, delivering flexible holding income as you prepare to build. Ideally located close to Bundoora Square, quality schools including Bundoora Primary School, Bundoora Secondary College, Loyola College, St Damian's Primary School, Northside Christian College and Parade College, and within easy reach of La Trobe University and RMIT University, the location guarantees strong end-value and rental appeal. With public transport, parklands and the natural beauty of Gresswell Forest Nature Conservation Reserve nearby, this exceptional permit-approved development site presents an outstanding opportunity to capitalise in one of Bundoora's most tightly held and high-demand precincts.