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881 Mt Alexander Road, Essendon, VIC 3040

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881 Mt Alexander Road, Essendon, VIC 3040

Properties / Buy / Victoria / Essendon
Development Approved

1. Property Summary

Property Type
Residential, Commercial
Sub Type
Apartment Sites, Land Site, Office, Retail/Shopping Centre
Land Area
1,139 m² (*approx)
Zoning
Commercial 1 Zone
Selling Method
Expressions of Interest: Closing Thursday 23rd November at 2:00pm (AEDT)
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2. Property Highlights

ESSENDON'S TALLEST PERMIT APPROVED PROJECT POSITIONED AT THE PRESTIGIOUS ELEVATED JUNCTION
  • 1,139sqm* Commercial 1 Zone (C1Z) Land
  • Permit Approved for 14 Levels
  • 7,192sqm* NSA / NLA

CBRE Melbourne Metropolitan Sales is pleased to exclusively present for your consideration the tallest permit approved development site within the heart of the highly renowned blue-chip suburb of Essendon next to Essendon Train Station.

This premium opportunity offering can be summarised by the following key attributes:

+ 1,139sqm* Essendon gateway corner landholding situated within the heart of the highly popular Mt Alexander Corridor activity centre

+ High quality planning permit for a fourteen (14) level project with retail, office & seventy-seven (77) large sized residential apartments

+ 7,192sqm* Net Saleable Area / Net Lettable Area

+ Prominent Dual Frontages to Mt Alexander Road & Russell Street combining for a total 65m* allowing for multiple access and egress points ideal for future development projects

+ Established showroom & office Improvements offering Income potential

+ A strong median house price of close to $1,800,000* (REIV)

+ Located next to the highly regarded Rose Street retail, food & lifestyle strip (100m*) featuring Foodworks, Friendly Grocery AGI, Benny & Me Café, and a variety of retail offerings

+ A short stroll to Moonee Ponds Central (1km*) comprising a large array of retail and dining options such as Woolworths, K Mart and Coles. The site Is situated within walking distance to key retail amenity along

+ Adding to the popularity of this precinct are the prestigious secondary & primary educational offerings including Penleigh Essendon Grammar School, Essendon Primary School & Lowther Hall Anglican Grammar School to name a few

+ Surrounded by an abundance of parklands & lifestyle attractions Including the Moonee Valley Flemington Racecourses, Windy Hill Football Group & Queens Park

+ Unrivalled road & public transport networks Including Mt Alexander Road providing connectivity to the City Link freeway, Essendon train station & the route 59 tram situated on the site’s doorstep, providing direct access to Melbourne's CBD

For further information please contact the exclusive sales and marketing agents at CBRE:

Nathan Mufale

+61 421 224 354

nathan.mufale@cbre.com.au

David Minty

+61 422 564 199

david.minty@cbre.com.au

CBRE Asian Services Desk:

Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)

+61 411 059 116 (手机)

jj.heng@cbre.com (电子邮件)

jheng1206 (微信)

*Denotes Approx.

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved

1. Property Summary

Property Type
Residential, Commercial
Sub-type
Apartment Sites, Land Site, Office, Retail/Shopping Centre
Land Area
1,139 m² (*approx)
Commercial 1 Zone
Selling method
Expressions of Interest: Closing Thursday 23rd November at 2:00pm (AEDT)

2. Property Highlights

ESSENDON'S TALLEST PERMIT APPROVED PROJECT POSITIONED AT THE PRESTIGIOUS ELEVATED JUNCTION
  • 1,139sqm* Commercial 1 Zone (C1Z) Land
  • Permit Approved for 14 Levels
  • 7,192sqm* NSA / NLA

CBRE Melbourne Metropolitan Sales is pleased to exclusively present for your consideration the tallest permit approved development site within the heart of the highly renowned blue-chip suburb of Essendon next to Essendon Train Station.

This premium opportunity offering can be summarised by the following key attributes:

+ 1,139sqm* Essendon gateway corner landholding situated within the heart of the highly popular Mt Alexander Corridor activity centre

+ High quality planning permit for a fourteen (14) level project with retail, office & seventy-seven (77) large sized residential apartments

+ 7,192sqm* Net Saleable Area / Net Lettable Area

+ Prominent Dual Frontages to Mt Alexander Road & Russell Street combining for a total 65m* allowing for multiple access and egress points ideal for future development projects

+ Established showroom & office Improvements offering Income potential

+ A strong median house price of close to $1,800,000* (REIV)

+ Located next to the highly regarded Rose Street retail, food & lifestyle strip (100m*) featuring Foodworks, Friendly Grocery AGI, Benny & Me Café, and a variety of retail offerings

+ A short stroll to Moonee Ponds Central (1km*) comprising a large array of retail and dining options such as Woolworths, K Mart and Coles. The site Is situated within walking distance to key retail amenity along

+ Adding to the popularity of this precinct are the prestigious secondary & primary educational offerings including Penleigh Essendon Grammar School, Essendon Primary School & Lowther Hall Anglican Grammar School to name a few

+ Surrounded by an abundance of parklands & lifestyle attractions Including the Moonee Valley Flemington Racecourses, Windy Hill Football Group & Queens Park

+ Unrivalled road & public transport networks Including Mt Alexander Road providing connectivity to the City Link freeway, Essendon train station & the route 59 tram situated on the site’s doorstep, providing direct access to Melbourne's CBD

For further information please contact the exclusive sales and marketing agents at CBRE:

Nathan Mufale

+61 421 224 354

nathan.mufale@cbre.com.au

David Minty

+61 422 564 199

david.minty@cbre.com.au

CBRE Asian Services Desk:

Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)

+61 411 059 116 (手机)

jj.heng@cbre.com (电子邮件)

jheng1206 (微信)

*Denotes Approx.

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved

3. Property Location

881 Mt Alexander Road, Essendon, 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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881 Mt Alexander Road, Essendon, VIC 3040 Essendon
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