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7 & 9 Prospect Street, Essendon West, Vic, 3040

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7 & 9 Prospect Street, Essendon West, Vic, 3040

7 & 9 Prospect Street, Essendon West, Vic, 3040

Properties / Sold / Victoria / Essendon West
Development Potential

1. Property Summary

Property Type
Residential
Sub Type
Townhouse Sites
Land Area
1,596 sqm (*approx)
Selling Method
SOLD: On Dec 3, 2021
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2. Property Highlights

Two Properties, One Amazing Opportunity – What a Prospect!

In a leafy cul-de-sac virtually surrounded by parkland, these properties are being offered together or separately providing amazing options for home buyers, investors and developers alike to take advantage of their riverside proximity and capture spectacular city views.

Backing onto reserve with an outlook that will never be built out, both blocks have general residential zoning (R1Z) and are approximately 859sqm and 739sqm respectively for a total land size in the vicinity of 1598sqm.

From an investment perspective, 7 Prospect Street includes two separate single-level dwellings (rear unit tenanted), and next door, 9 Prospect Street is also currently tenanted.

Add to this the lifestyle and location aspects of these properties which are second to none offering instant access to Afton Street Conservation Park and Maribyrnong River Trail (all the way to the CBD), as well as close proximity to the district’s finest schools, Buckley Street buses, local cafes and popular shopping precincts.

Land Size: 1,596 Square Metres approx.

In Conjunction with Weda Properties:
Peter Weda
0419 767 803
peter@wedaproperty.com.au
 

 

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Residential
Sub-type
Townhouse Sites
Land Area
1,596 sqm (*approx)
Selling method
SOLD: On Dec 3, 2021

2. Property Highlights

Two Properties, One Amazing Opportunity – What a Prospect!

In a leafy cul-de-sac virtually surrounded by parkland, these properties are being offered together or separately providing amazing options for home buyers, investors and developers alike to take advantage of their riverside proximity and capture spectacular city views.

Backing onto reserve with an outlook that will never be built out, both blocks have general residential zoning (R1Z) and are approximately 859sqm and 739sqm respectively for a total land size in the vicinity of 1598sqm.

From an investment perspective, 7 Prospect Street includes two separate single-level dwellings (rear unit tenanted), and next door, 9 Prospect Street is also currently tenanted.

Add to this the lifestyle and location aspects of these properties which are second to none offering instant access to Afton Street Conservation Park and Maribyrnong River Trail (all the way to the CBD), as well as close proximity to the district’s finest schools, Buckley Street buses, local cafes and popular shopping precincts.

Land Size: 1,596 Square Metres approx.

In Conjunction with Weda Properties:
Peter Weda
0419 767 803
peter@wedaproperty.com.au
 

 

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

7 & 9 Prospect Street, Essendon West, Vic, 3040

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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