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Gross Waddell ICR - Commercial

25 - 29 Keilor Road Essendon, VIC 3040

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25 - 29 Keilor Road,
Essendon, VIC 3040

Development Sites & Land

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Gross Waddell ICR - Commercial
Danny Clark
Andrew Greenway

Gross Waddell ICR - Commercial

Level 1, 30 Collins Street
MELBOURNE, VIC 3000
Gross Waddell ICR - Commercial
25 - 29 Keilor Road
Essendon, VIC 3040

Map of 25 - 29 Keilor Road

Directions
  • Train stations within 5 km of 25 - 29 Keilor Road, Essendon, VIC 3040Distance
    Glenbervie Station1.1 km
    Essendon Station1.5 km
    Strathmore Station1.7 km
    Pascoe Vale Station2.3 km
    Moonee Ponds Station2.6 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 25 - 29 Keilor Road, Essendon, VIC 3040Distance
    46-Lincoln Rd/Mt Alexander Rd (Essendon)175 m
    48-Service St/Keilor Rd (Essendon North)298 m
    45-Glass St/Mt Alexander Rd (Essendon)376 m
    Essendon North Primary SchoolKeilor Rd560 m
    44-Thorn St/Mt Alexander Rd (Essendon)566 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 25 - 29 Keilor Road, Essendon, VIC 3040Distance
    Mt Alexander RdKeilor Rd30 m
    47-Mt Alexander Rd/Keilor Rd (Essendon)56 m
    Collins StKeilor Rd119 m
    Madden St/Bulla Rd (Essendon North)278 m
    Woodland StBulla Rd383 m
    POWERED BY HERE ©
POWERED BY HERE ©

Major 4,010 Sqm* Landholding in North Essendon Activity Centre

  • 4,010 sqm* Commercial 1 Zone
  • High-Density Development Opportunity
  • Dual Frontage Landholding
Stonebridge Property Group and Gross Waddell ICR are pleased to present for sale 25-29 Keilor Road, Essendon – a substantial 4,010 sqm* Commercial 1 Zone landholding, positioned near the intersection of Keilor Road and Mount Alexander Road.

A strategic landholding in the heart of North Essendon Activity Centre, an area earmarked for higher density development outcomes as outlined in Victoria’s Housing Statement.

The key highlights of the opportunity include:

- High-profile 4,010 sqm* Commercial 1 Zone landholding

- Expansive dual frontage totalling 110 m* to Keilor Road and Queen Street

- Within the Draft North Essendon Activity Centre Plan, outlined as a major development precinct in Victoria’s Housing Statement, proposes discretionary building heights of 27 metres (8-storeys) at the site, offering the opportunity for a precinct defining high-density development outcome (STCA).

- Current improvements include a 2,129 sqm* GFA supermarket and 64 associated car spaces.

- Excellent public transport links, including trams along Keilor Road and Mount Alexander Road, and Glenbervie Train Station just 1.1 km* away, providing direct access to Melbourne CBD.

- Surrounded by lifestyle amenities such as Woodlands Park (200 m*), LT Thompson Reserve (200 m*) and Lincoln Park (350 m*) offering strong lifestyle appeal.

- Thriving retail precincts nearby, including shops along Keilor Road and Mount Alexander Road, as well as major shopping destinations like DFO Essendon (1.2 km*) and Moonee Ponds Central (2.6 km*).

- Premium Essendon location 3 km* to renowned education institutions like Penleigh Essendon Grammar, with Strathmore Primary School just 1.2 km* away.

- Strong local property market with Essendon’s median house price of $1,900,000^, indicating robust demand for new apartment developments.

- Tight housing supply in Essendon due to rapid population growth (44.7% projected by 2046^^) and limited new dwelling approvals, fostering price growth and increasing demand for residential developments.

25-29 Keilor Road, Essendon is offered for sale via Expressions of Interest closing Thursday 14th November 2:00pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Stonebridge Property Group:

Julian White
0422 764 1...

Andrew Milligan
0421 559 9...

Chao Zhang 张超
0411 625 068

Gross Waddell ICR:

Andrew Greenway
0409 547 6...

Danny Clark
0448 066 8...

Alex Ham
0410 545 226

*Approximately

^ REIV (2024)

^^Forecast.id (2024)

Property Code: 1098

Property ID: 504705920Last Updated: 7 Oct 2024

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