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Coles Essendon, 1144 Mt Alexander Road & 19 Winifred Street, Essendon, VIC 3040

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Coles Essendon, 1144 Mt Alexander Road & 19 Winifred Street, Essendon, VIC 3040
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Coles Essendon, 1144 Mt Alexander Road & 19 Winifred Street, Essendon, VIC 3040

Coles Essendon, 1144 Mt Alexander Road & 19 Winifred Street, Essendon, VIC 3040

Properties / Sold / Victoria / Essendon
Development Potential

1. Property Summary

Property Type
Commercial
Sub Type
Other, Retail/Shopping Centre
Land Area
7,370 m² (*approx)
Selling Method
EOI: Contact the Stonebridge Team
EOI Closing Date
15 May 2024 05:00PM
Add to calendar
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2. Property Highlights

Essendon’s Premier Development & Income Producing Opportunity
  • 7,370 sqm* Commercial 1 Zoned Site
  • Anchored by Coles Supermarket
  • Excellent Development Potential (STPA)

Stonebridge Property Group is pleased to present for sale Coles Essendon, a substantial 7,370 sqm* Commercial 1 zoned landholding in the heart of the North Essendon Activity Centre with strong existing income.

The key highlights of the opportunity include:

- One of Essendon’s largest Commercial 1 zoned landholdings, providing unmatched scope for future development (STPA)

- Strong & secure existing income anchored by a freestanding Coles supermarket paying substantial percentage rent

- Unparalleled connectivity with a tram stop 90 m* away plus immediate access to major roads, bus and train services (950 m* to Glenbervie Station)

- Adjoining parklands & benefitting from excellent dining options, schools and airports nearby

- Situated in the heart of the Essendon North Activity Centre as part of Victoria’s Housing Statement

- Affluent demographic with a median house price of $1.76 million^ supporting strong residential and retail demand

- Estimated fully leased net operating income of $724,952* p.a

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Julian White

0422 764 137

Justin Dowers

0438 098 805

Chao Zhang 张超

0411 625 068

*Approximately

^REIV December Quarter 2023

Property Code: 925

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Commercial
Sub-type
Other, Retail/Shopping Centre
Land Area
7,370 m² (*approx)
Selling method
EOI: Contact the Stonebridge Team
EOI Closing Date
15 May 2024 05:00PM
Add to calendar

2. Property Highlights

Essendon’s Premier Development & Income Producing Opportunity
  • 7,370 sqm* Commercial 1 Zoned Site
  • Anchored by Coles Supermarket
  • Excellent Development Potential (STPA)

Stonebridge Property Group is pleased to present for sale Coles Essendon, a substantial 7,370 sqm* Commercial 1 zoned landholding in the heart of the North Essendon Activity Centre with strong existing income.

The key highlights of the opportunity include:

- One of Essendon’s largest Commercial 1 zoned landholdings, providing unmatched scope for future development (STPA)

- Strong & secure existing income anchored by a freestanding Coles supermarket paying substantial percentage rent

- Unparalleled connectivity with a tram stop 90 m* away plus immediate access to major roads, bus and train services (950 m* to Glenbervie Station)

- Adjoining parklands & benefitting from excellent dining options, schools and airports nearby

- Situated in the heart of the Essendon North Activity Centre as part of Victoria’s Housing Statement

- Affluent demographic with a median house price of $1.76 million^ supporting strong residential and retail demand

- Estimated fully leased net operating income of $724,952* p.a

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Julian White

0422 764 137

Justin Dowers

0438 098 805

Chao Zhang 张超

0411 625 068

*Approximately

^REIV December Quarter 2023

Property Code: 925

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Justin Dowers
Justin Dowers
+61 *** *** *** show +61 438 098 805
Chao Zhang
Chao Zhang
+61 *** *** *** show +61 411 625 068
Julian White
Julian White
+61 *** *** *** show +61 422 764 137

Download Development Site Report
Justin Dowers
Justin Dowers
+61 *** *** *** show +61 438 098 805
Chao Zhang
Chao Zhang
+61 *** *** *** show +61 411 625 068
Julian White
Julian White
+61 *** *** *** show +61 422 764 137

3. Property Location

Coles Essendon, 1144 Mt Alexander Road & 19 Winifred Street, Essendon, VIC 3040

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4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
Coles Essendon, 1144 Mt Alexander Road & 19 Winifred Street, Essendon, VIC 3040 Essendon
Stonebridge Property Group - Melbourne
Stonebridge Property Group - Melbourne
Level 19, 627 Chapel Street South Yarra VIC 3141
View Agency Profile
Justin Dowers
Justin Dowers
+61 *** *** *** show +61 438 098 805
Chao Zhang
Chao Zhang
+61 *** *** *** show +61 411 625 068
Julian White
Julian White
+61 *** *** *** show +61 422 764 137