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2 Enterprise Dr 678 SF Office Condo Unit Offered at $392,140 CAD in BUNDOORA, VIC 3083


Investment Highlights
- Disabled access, elevator service, and well-maintained shared bathrooms.
- Surrounded by retail, dining, childcare, and opposite RMIT University.
- Excellent connectivity to Metropolitan Ring Road and Plenty Road.
Executive Summary
2 Enterprise Drive, Bundoora, Victoria, is an office building located within the University Hill estate. The property is zoned Special Use. It is situated near major arterials, including the Metropolitan Ring Road and Plenty Road, and is surrounded by retail, hospitality, and educational amenities, including RMIT University.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
The condo at 14/2 Enterprise Drive, Bundoora, Victoria, is a 63 m² first-floor office located within the University Hill estate. It includes partitioned office space, an internal kitchenette, and two designated car parks (one undercover). The building provides disabled access, elevator service, and shared male and female bathrooms. The property is zoned Special Use and is currently tenanted under a two 2-year lease term expiring April 2026. It is situated near major arterials, including the Metropolitan Ring Road and Plenty Road, and is surrounded by retail, hospitality, and educational amenities, including RMIT University.
Sale Notes
14/2 Enterprise Drive presents an outstanding opportunity to secure a fully partitioned first-floor office within the highly regarded University Hill estate in Bundoora. Offering 63 m² of functional space, this property is ideal for investors or future owner-occupiers seeking a well-connected and amenity-rich location.
The office is fully carpeted and air-conditioned, featuring an internal kitchenette for convenience. Two designated car parks are included—one undercover and one open—along with disabled access and elevator service to all levels. Male and female bathrooms are located on each floor and are consistently well-maintained.
Positioned for exceptional connectivity, the property offers direct access to the Metropolitan Ring Road and Plenty Road, with trams, cafes, shopping centers, factory outlets, hotels, childcare facilities, and RMIT University directly opposite. Currently leased until April 2026, the property returns $18,720 per annum net, with tenants paying all outgoings, making it an attractive SMSF investment with tax depreciation benefits.
The office is fully carpeted and air-conditioned, featuring an internal kitchenette for convenience. Two designated car parks are included—one undercover and one open—along with disabled access and elevator service to all levels. Male and female bathrooms are located on each floor and are consistently well-maintained.
Positioned for exceptional connectivity, the property offers direct access to the Metropolitan Ring Road and Plenty Road, with trams, cafes, shopping centers, factory outlets, hotels, childcare facilities, and RMIT University directly opposite. Currently leased until April 2026, the property returns $18,720 per annum net, with tenants paying all outgoings, making it an attractive SMSF investment with tax depreciation benefits.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 14 | 678 SF | Office | $392,140 CAD ($578.38 CAD/SF) | - |
Unit 14
| Unit Size |
| 678 SF |
| Condo Use |
| Office |
| Price |
| $392,140 CAD ($578.38 CAD/SF) |
| NOI |
| - |
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Unit 14
| Unit Size | 678 SF |
| Condo Use | Office |
| Price | $392,140 CAD ($578.38 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| The condo at 14/2 Enterprise Drive, Bundoora, Victoria, is a 63 m² first-floor office located within the University Hill estate. It includes partitioned office space, an internal kitchenette, and two designated car parks (one undercover). The building provides disabled access, elevator service, and shared male and female bathrooms. The property is zoned Special Use and is currently tenanted under a two 2-year lease term expiring April 2026. It is situated near major arterials, including the Metropolitan Ring Road and Plenty Road, and is surrounded by retail, hospitality, and educational amenities, including RMIT University.</li></ul> | |
| Sale Notes | |
| 14/2 Enterprise Drive presents an outstanding opportunity to secure a fully partitioned first-floor office within the highly regarded University Hill estate in Bundoora. Offering 63 m² of functional space, this property is ideal for investors or future owner-occupiers seeking a well-connected and amenity-rich location.<br> The office is fully carpeted and air-conditioned, featuring an internal kitchenette for convenience. Two designated car parks are included—one undercover and one open—along with disabled access and elevator service to all levels. Male and female bathrooms are located on each floor and are consistently well-maintained.<br> Positioned for exceptional connectivity, the property offers direct access to the Metropolitan Ring Road and Plenty Road, with trams, cafes, shopping centers, factory outlets, hotels, childcare facilities, and RMIT University directly opposite. Currently leased until April 2026, the property returns $18,720 per annum net, with tenants paying all outgoings, making it an attractive SMSF investment with tax depreciation benefits.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 61,204 SF | Typical Floor Size | 15,296 SF |
| Property Type | Office (Condo) | Year Built | 1990 |
| Building Class | C | Lot Size | 1.49 AC |
| Floors | 4 | Parking Ratio | 0.8/1,000 SF |
| Total Building Size | 61,204 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 15,296 SF |
| Year Built | 1990 |
| Lot Size | 1.49 AC |
| Parking Ratio | 0.8/1,000 SF |
Amenities
- Signage
- Kitchen
- Air Conditioning
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1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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2 Enterprise Dr
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