Share this property

realcommercial.com.au

1040 Mount Alexander Road Essendon, VIC 3040

Directions

1040 Mount Alexander Road,
Essendon, VIC 3040

Hotel, Motel & Leisure • Other

Price information

Sold

Contact Agent

Key property information

Floor area

Car spaces

Property extent

Tenure type

Sold on

Map of 1040 Mount Alexander Road

Directions

Private Negotiation By Pennisi

Outstanding Investment or Development opportunity.

The 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!

Additional information

Property ID: 504257092Last Updated: 26 Oct 2023

proptrack logo
This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.
03 9379 56...
realcommercial.com.au logo
1040 Mount Alexander Road
Essendon, VIC 3040

Make an enquiry

What's your enquiry about?

Enter your details