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1-6/1 Collins Street, Essendon, Vic 3040 For Sale
1-6/1 Collins Street, Essendon, Vic 3040 1-6/1 Collins Street, Essendon, Vic 3040-Image 1-6/1 Collins Street, Essendon, Vic 3040-Image 1-6/1 Collins Street, Essendon, Vic 3040-Image 1-6/1 Collins Street, Essendon, Vic 3040-Image 1-6/1 Collins Street, Essendon, Vic 3040-Image 1-6/1 Collins Street, Essendon, Vic 3040-Image 1-6/1 Collins Street, Essendon, Vic 3040-Image 1-6/1 Collins Street, Essendon, Vic 3040-Image 1-6/1 Collins Street, Essendon, Vic 3040-Image 1-6/1 Collins Street, Essendon, Vic 3040-Image 1-6/1 Collins Street, Essendon, Vic 3040-Image 1-6/1 Collins Street, Essendon, Vic 3040-Image 1-6/1 Collins Street, Essendon, Vic 3040-Image 1-6/1 Collins Street, Essendon, Vic 3040-Image 1-6/1 Collins Street, Essendon, Vic 3040-Image 1-6/1 Collins Street, Essendon, Vic 3040-Image 1-6/1 Collins Street, Essendon, Vic 3040-Image 1-6/1 Collins Street, Essendon, Vic 3040-Image 1-6/1 Collins Street, Essendon, Vic 3040-Floorplan

1-6/1 Collins Street, Essendon, Vic 3040

$1,800,000 - $1,900,000

Block Of Units
Type
6
Bedrooms
6
Bathrooms
6
Parkings
799 m²
Area

Last updated on Wednesday, July 22, 2026 ( See property details for 1-6/1 Collins Street, Essendon, Vic 3040)

$1,800,000 - $1,900,000

Kieran Moloney - Real Estate Agent - Jellis Craig - Moonee Valley
Kieran Moloney Licensed Estate Agent and Auctioneer
Call Message Chat
John Morello - Real Estate Agent - Jellis Craig - Moonee Valley
John Morello Director and Auctioneer
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Open on Friday 24 July 12:30 pm | View All

Auction Thursday 20 August at 1:00 pm | View All

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

A rare and versatile six-unit investment opportunity on a substantial corner block with impressive returns and future development potential in Essendon.

🏡 Property Highlights

  • Substantial corner allotment of approximately 799sqm offering future development potential (STCA).
  • Six well-presented, separately-titled apartments providing flexibility for resale or rental income.
  • Impressive annual return of approximately $114,000, making it a lucrative investment.
  • Each apartment features a large bedroom with walk-in robe and stylish ensuite bathroom.
  • Open-design living/meals areas with updated kitchens and quality appliances.
  • All units include split-system heating/cooling, additional panel heaters, and undercover balconies.

✨ Key Features

  • Balcony
  • Built-in Robes
  • Dishwasher
  • Open-Plan Living
  • Security Screens / Gates
  • Split-system Heating/Cooling
  • Undercover parking
  • Water tank
  • Garage / Secure Parking
  • External Laundry

Essendon is a vibrant suburb renowned for its leafy streets, excellent amenities, and strong community feel. It offers convenient access to public transport, including trams and trains, along with a variety of shopping, dining, and recreational options. The area is close to quality schools, parks, and major road links, making it ideal for both investors and families seeking a balanced lifestyle.

What is the current condition of the apartments and are there any recent renovations?
All apartments are well-presented and well-appointed, with updated kitchens and modern fixtures, ensuring a comfortable living environment.
Are there any restrictions or covenants on future development (STCA)?
The property offers future development potential subject to council approval (STCA), providing an opportunity for further capital growth.
What are the current rental yields and vacancy rates for these units?
The property currently generates an impressive annual return of approximately $114,000, indicating strong rental demand and yield.
Is there off-street parking available for residents and visitors?
Yes, the property includes six off-street parking spaces accessed via a remote-control gated driveway, ensuring secure parking for residents and guests.
What amenities and transport options are nearby?
Lincoln Park, village shops, cafes, Mt Alexander Road trams, bus routes, Essendon Station, DFO, and Citylink are all conveniently close, offering excellent connectivity.
Are there any planning or zoning restrictions that could affect future development or renovations? Have any structural issues or defects been identified in the apartments? Are there any ongoing or upcoming strata or body corporate fees and special levies? Is there any history of flooding or bushfire risk in the area? Are there any easements, covenants, or restrictions on the property that could impact its use or development?

1-6/1 Collins Street, Essendon, Vic 3040 - More Details

$1,800,000 - $1,900,000

Type
Block Of Units
Bedrooms
6
Bathrooms
6
Parkings
6
Area
799 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Fri 24 Jul 12:30 pm

    Friday 24 July
    12:30 pm - 1:00 pm
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Auctions

  • 1-6/1 Collins Street, Essendon, Vic 3040

    Thursday 20 August
    1:00 pm
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