Superbly located in a highly sought after pocket of Bundoora, 18 Lauder Drive, Bundoora is the perfect opportunity to exercise your creative flair – renovate, rejuvenate or demolish and build your dream home (STCA).
On offer is a home which has been loved and cherished for over 40 years but is in need of some loving care to bring it back to its former glory. Many original features include the functional kitchen, light filled formal lounge with separate dining room, central bathroom and separate new toilet. Three good-sized bedrooms, two with built in robes and separate laundry.
Sitting on a generous block of 569sqm approx, makes the ideal opportunity to extend or demolish and rebuild (STCA) Let your creative juices flow, bringing your own stamp onto this enviable location. Car accommodation for 2 vehicles in the carport and access via gate to the rear, ideal for the tradie or boating enthusiast complete with rear sturdy lock up shed.
Location is among one of the key elements of the property with many family - friendly features close by. Situated only moments away from Norris Bank tennis courts, refurbished Norris Bank Park and walking tracks along Darebin Creek. McLeans Rd Kindergarten, a host of quality schools, including Northside Christian College, Parade College and Loyola College as well as tertiary institutions of RMIT and LaTrobe University only a short distance away. The Bundoora Square shops, Tram 86 and University Hill Shopping and dining precincts a short tram ride away, make this an ideal opportunity.
For investors, the property of this size would achieve an approximate rental return of $500pw ($2173per calendar month). Whether you're looking to renovate, extend, or start fresh with a brand-new build, this property offers incredible potential in a sought-after location. Don't miss this rare chance to secure a prime piece of real estate in Bundoora.
Land Size: 569sqm approx
Age: 42 years
Chattels: All fixtures and fittings as inspected (Inc fridge, washing machine and shed)
Deposit: 10% of the purchase price
Rental Return Estimate: $550pw
Heating: Wall unit heater
Cooling: Air conditioning unit
Nearest Primary Schools: Northside Christian College, Norris Bank PS
Nearest Secondary Schools: Northside Christian College, Parade College, Loyola College
Nearest Tertiary: RMIT, LaTrobe University
Nearest Transport: Tram 86, Keon Park Train Station, Bus routes
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