EOI $4,800,000 - $5,200,000

42 - 40 Fletcher Street

For Sale

Essendon

BLUE CHIP DEVELOPMENT OPPORTUNITY!

Seize the moment and embrace a once-in-a-lifetime chance for savvy developers. With a generous (1995sqm approx.) block and two homes to be sold as one allotment, this prestigious property boasts General Residential Zoning, positioning it at the heart of Essendon. Discover the untapped potential of this charming tree-lined treasure, offering a multitude of development opportunities (STCA) in a thriving location, while also enjoying the convenience of walking distance to the Essendon Train Station and swift tram access along Fletcher Street to Melbourne CBD.

Immerse yourself in the ultimate convenience as Essendon Junction retail precinct awaits just a short 300m stroll from your doorstep. Moreover, enjoy the advantage of being zoned for highly regarded educational institutions like Essendon Primary School, Strathmore Secondary College, esteemed private schools, including Penleigh & Essendon Grammar, Lowther Hall, and St Columba's College. With Essendon boasting a strong median house price, highlighting the market demand for higher density housing, don't let this outstanding opportunity pass you by. Unlock the potential of this prime development site, create something extraordinary, and begin your journey towards success!

[Disclaimer: All information provided is deemed reliable but not guaranteed and should be independently verified. Measurements are approximate.]

$1,400,000

37 / 240 Plenty Road

For Sale

Bundoora

INVEST OR OCCUPY: Prime Commercial Space in University Hill

Discover a unique opportunity in the heart of the acclaimed University Hill mixed-use development. This top-floor commercial suite, boasting picturesque views, is a beacon of natural light and represents an unmissable prospect for both owner-occupiers and investors alike.

Previously leased at $119,543 per annum, achieving an impressive gross yield of 8.5%, this space holds the potential for increased returns with a new lease arrangement. Key features include:

• Area: Sprawling 291 square meters of contemporary office space.
• Parking: 10 allocated spaces, 2 of which are undercover with secure key card access.
• Layout: Well-designed with a spacious communal work area, 3 private offices, a large kitchen/breakout room, and a versatile training/boardroom.
• Amenities: Enjoy the convenience of male and female bathrooms on the floor, elevator access, and disability-friendly facilities.
• Environment: Indulge in the overall University Hill experience, surrounded by lifestyle, retail, community, and environmental elements.

Benefiting from proximity to the Western Ring Road for easy access to Melbourne CBD, the airport, and the northern corridor, this location is unparalleled. With tram route 86 at your doorstep, accessibility is further enhanced by bus services. Uni Hill Town Centre, featuring over 40 specialty shops, including DFO, is just moments away.

Seize this golden opportunity to own a premium commercial space in a thriving locale. For more details or to arrange a viewing, feel free to contact us.

$650,000

3 / 165 Kent Street

Under Contract

Ascot Vale

FANTASTIC LOCATION AND SPACE TO MATCH!

This fantastic apartment has been recently updated in an ideal location featuring light filled rooms all round.

Comprising:
* 3 generous size bedrooms with BIR's
* Spacious living area with access to balcony
* Updated kitchen
* Central bathroom with shower
* Carpets
* Blinds in all rooms
* 1 x secure car park on site

Located in close proximity to Ascot Vale cafes and shops, show grounds, 57 tram line and only 5km to the CBD.

$500,000 - $550,000

Lot 1

For Sale

Ross Creek

YOUR COUNTRY LIFESTYLE AWAITS: 5 ACRES OF DREAM-BUILDING POTENTIAL!

Discover your rural dream with this 5-acre allotment in charming Ross Creek. Minutes from amenities, it offers a serene country lifestyle. Only 18 mins to Ballarat CBD and 12 mins to Delacombe Town Centre.
* Zoned Rural Living
* Sealed road frontage
* Power access
* Fully fenced, complete with a dam
Seize this opportunity to create your ideal country retreat. Don't miss out – act now!

$359,990 Indicative selling price

6 / 110 Maribyrnong Road

For Sale

Moonee Ponds

CHIC MODERN APARTMENT IN CENTRAL LOCALE!

Perfect for those that want a secure investment or first home buyers, this fantastic 1 bedroom apartment located on the 1st level has unlimited transport options at it's fingertips.

Features include:
- Quality fixtures and fittings throughout
- Master Bedroom with BIR's
- Open plan kitchen with stone bench tops and splash back
- Stainless steel appliances
- Lounge/meals with easterly balcony views
- Luxury bathroom
- European laundry
- Secure car spot
- Split system heating and cooling throughout
- Security intercom system

Access to Maribyrnong River, Highpoint Shopping Centre, Union Rd and Puckle St shopping , cafes and restaurants. Currently leased for $1434pcm (expiring March 2022), makes this an ideal buying opportunity.

Please register your interest for this property so that we can ensure you are included in the event the property is going to be sold. MADDISON ESTATE AGENTS inspections are conducted in accordance with the latest government guidelines. We appreciate your assistance.