1040 Mount Alexander Road, Essendon, Vic 3040

Area
876m2
Type
Residential Land

Last updated on Saturday, October 28, 2023

$3,550,000

1040 Mount Alexander Road, Essendon, Vic 3040 - More Details

$3,550,000

Outstanding Investment or Development opportunity.

Complex of 10 apartments all on one title. Previously run as a hotel, this property is ideal for land banking, with excellent potential income now and the opportunity to reconfigure or redevelop in the future.

The Essentials:
• Land size of approximately 876 square metres
• Block of ten apartments
• One 2 bedroom apartment
• Nine 1 bedroom apartments
• All with living, kitchen, 1 bathroom, and split-system
• All vacant
• 10 car parks at the rear

The Village:
Situated on Essendon's most prestigious palm tree-lined streets. In close proximity to North Essendon Village Shopping precinct, public transport, schools, cafes, restaurants, parklands, Keilor Road, City Link, Tullamarine Freeway and tram stop, perfect for the city commute, approximately 8 to 9 kilometres from the CBD.

The Clincher:
An unmissable opportunity like this rarely presents itself in this wonderful Essendon position!

Pennisi Real Estate Essendon wishes you every success with your property hunt!
Type
Residential Land
Area
876m2

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Essendon VIC 3040

Property FAQs

What are the standout features of the 1040 Mount Alexander Road, Essendon, Vic 3040?

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What is the total land area and built-up area of the 1040 Mount Alexander Road, Essendon, Vic 3040?

The total land area and built-up area of the 1040 Mount Alexander Road, Essendon, Vic 3040 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 1040 Mount Alexander Road, Essendon, Vic 3040?

There were no car spaces found on the listing for 1040 Mount Alexander Road, Essendon, Vic 3040.

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