24 Clarinda Road, Essendon, Vic 3040

$2,450,000

Apartment
Type
12
Bedrooms
6
Bathrooms
6
Parkings
735 m²
Area

Last updated on Tuesday, August 18, 2026 ( See property details for 24 Clarinda Road, Essendon, Vic 3040)

$2,450,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-maintained block-of-six apartments in a prime Essendon location offering excellent investment potential and strong rental returns.

🏡 Property Highlights

  • Outstanding long-term investment with healthy returns
  • All units on one substantial allotment of approximately 735sqm
  • Five of six units currently generating approximately $100,800 per annum
  • Well-presented apartments with modern updates
  • Prime location close to shops, cafes, parks, and public transport
  • Impressive value-adding potential for future growth

✨ Key Features

  • Built-in Robes
  • Balcony
  • Secure Parking
  • Internal Laundry
  • Open-Plan Living
  • View Roof
  • Upgrade in gutters (2025)
  • Secure entry foyer
  • Close to public transport
  • Close to local shops and parks

Essendon is a highly sought-after suburb renowned for its vibrant community, excellent schools, and convenient access to public transport. It offers a mix of historic charm and modern amenities, with lush parks, diverse dining options, and retail precincts. The area is ideal for families and investors alike, providing a balanced lifestyle with strong growth prospects.

What is the current rental income for the property?
Five of the six units generate approximately $100,800 per annum, with unit 3 currently vacant.
Are there any recent upgrades or renovations?
Yes, the view roof and gutters were upgraded in 2025.
What are the future development or zoning restrictions in the area?
Please consult the local council for detailed zoning and development regulations specific to this property.
Is there potential for further value-adding improvements?
Yes, with the property being well-maintained and on a substantial allotment, there is potential for future enhancements to increase value.
What are the nearby amenities and transport options?
The property is within walking distance to local shops, Buckley Street buses, Essendon Station, and close to cafes, parks, and private schools.
Are there any outstanding council or body corporate fees associated with the property? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any planning or development proposals nearby that could impact the property? What are the zoning restrictions and permissible future uses for the land? Are there any easements, covenants, or restrictions affecting the property? Has the property been inspected for structural issues or pests? Are there any upcoming maintenance costs or repairs expected in the near future? Is the property compliant with all current building and safety regulations? Are there any noise or nuisance issues from neighboring properties? What are the terms of the current lease agreements and any tenancy restrictions?

24 Clarinda Road, Essendon, Vic 3040 - More Details

$2,450,000

Situated in one of Essendon’s premier pockets, this block-of-six apartment building presents an outstanding long-term investment opportunity offering healthy returns and impressive value-adding potential.

Set on a substantial allotment (approx 735sqm) and all on one title, the five of the six units generate a rewarding return of approximately $100,800 per annum. (unit 3 is vacant).

The apartments themselves are all well-presented and immediately comfortable comprising two bedrooms with built-in robes both serviced by a central bathroom and separate WC.

Each home also includes a sizeable living room, neat kitchen/meals area and internal laundry facilities, plus a balcony (from the living room), new roof and gutters upgraded in 2025, secure entry foyer and undercover parking space.

Walking distance to local shops, Buckley Street buses and the open spaces of Clarinda Park, it’s also close to Rose Street cafes and Essendon Station, as well as easy access to the area’s esteemed private schools and Moonee Ponds’ renowned retail precinct.
Type
Apartment
Bedrooms
12
Bathrooms
6
Parkings
6
Area
735 m²

Price guide

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