65-67 Rose Street, Essendon VIC 3040
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EXCEPTIONAL MULTI-LEVEL DEVELOPMENT POTENTIAL
Expressions of Interest
*Please contact the agent to register for the open for inspection (Note: Government requirements: entrants must be fully vaccinated and show their status via the Service Victoria app upon arrival), or alternatively if status is unknown private appointments may be available on an individual basis.
Set on an impressively wide allotment (approx 746sqm) in the very epicentre of Essendon, this unique property including home and separate shopfront provides an immediately rewarding investment opportunity along with the perfect credentials as a multi-level residential/commercial development site. Key attributes of the block include Commercial 1 Zoning (C1Z), uniform dimensions and excellent ROW access to the rear, as well as no overlays or restrictions on title, plus a preliminary town planning report available advising that 'a 5 to 6 storey development is potentially appropriate'. The shopfront is currently leased at approx $28,400 per annum and comprises a main retail/showroom at the front leading through to a separate office/storeroom, toilet and tearoom. Surprisingly spacious, the two-storey period home features a total of five bedrooms and two bathrooms, together with a central lounge, open dining area and contemporary timber-top kitchen with stainless steel cooking appliances and ample cupboard space. Completing the picture is an expansive west-facing backyard garden with double carport via gated driveway. Instant access to Rose Street's popular shops and cafes, the convenience of Essendon Station, Mt Alexander Road trams and a choice of bus routes, it's also close to popular parks, kinder/childcare facilities and the area's elite private schools.
All Nelson Alexander inspections are conducted in accordance with the latest government guidelines. Please check in via the QR code, show your vaccination status via the Service Victoria app, wear a mask, use hand sanitiser, refrain from touching any items/fixtures and doors and provide your contact details. We appreciate your assistance.
*Please contact the agent to register for the open for inspection (Note: Government requirements: entrants must be fully vaccinated and show their status via the Service Victoria app upon arrival), or alternatively if status is unknown private appointments may be available on an individual basis.
Set on an impressively wide allotment (approx 746sqm) in the very epicentre of Essendon, this unique property including home and separate shopfront provides an immediately rewarding investment opportunity along with the perfect credentials as a multi-level residential/commercial development site. Key attributes of the block include Commercial 1 Zoning (C1Z), uniform dimensions and excellent ROW access to the rear, as well as no overlays or restrictions on title, plus a preliminary town planning report available advising that 'a 5 to 6 storey development is potentially appropriate'. The shopfront is currently leased at approx $28,400 per annum and comprises a main retail/showroom at the front leading through to a separate office/storeroom, toilet and tearoom. Surprisingly spacious, the two-storey period home features a total of five bedrooms and two bathrooms, together with a central lounge, open dining area and contemporary timber-top kitchen with stainless steel cooking appliances and ample cupboard space. Completing the picture is an expansive west-facing backyard garden with double carport via gated driveway. Instant access to Rose Street's popular shops and cafes, the convenience of Essendon Station, Mt Alexander Road trams and a choice of bus routes, it's also close to popular parks, kinder/childcare facilities and the area's elite private schools.
All Nelson Alexander inspections are conducted in accordance with the latest government guidelines. Please check in via the QR code, show your vaccination status via the Service Victoria app, wear a mask, use hand sanitiser, refrain from touching any items/fixtures and doors and provide your contact details. We appreciate your assistance.
