315-317 Keilor Road, Essendon, VIC 3040

Retail | Development/Land | Offices

Sold

Sold

  • Property ID: 314688
  • Floor Area: 200m²
  • Land Area: 400m²
  • NBN Availability: Build Commenced
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Building Sold 18/12/2018 200m2 400m2 Contact Agent
Freehold Retail Building With Development Potential

CVA Property Consultants are pleased to present 315-317 Keilor Road, Essendon for sale via Expressions of Interest closing Thursday 29th November 2018 at 3pm.

Situated on a 400m2* land holding, the 200m2* property features a light filled retail premises with a frontage of 10m* to Keilor Road complimented by a two bedroom dwelling, full kitchen, rear ROW access and secure parking for 2 vehicles.

This potential packed site provides a multitude of opportunities for investors and owner occupiers as well as developers, to take advantage of the flexible Commercial 1 zoning, for a mixed use development up to 4 storeys (STPA) under the Keilor Road Activity Structure Plan.

Centrally positioned with the tram services at its doorstep, the property is within walking distance to Niddrie Central Shopping Centre anchored by Woolworths, My Chemist and a host of local cafe's and restaurants along this busy retail strip. The property also provides convenient access to the Tullamarine Freeway and its associated linkages to other major arterials and Essendon Fields which is are within 1.8km* of the site.

For further information please contact CVA Property Consultants.

*approx

Additional Information
Features
  • Availability: Upon settlement
  • Zoning: Commercial 1 Zone
  • Suitable Development: Mixed Use
  • Permits Issued: No
  • Lease Term: Nil
  • Rent Review: Nil
  • Car Spaces: 2 at rear
  • Condition: Excellent
  • Air Conditioning: Yes
  • Roller Doors: No
  • Floors: Floorboards
  • Lifts: N/A
  • Height: 3 metres
  • Age: Refurbished
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: TBA
  • Land Tax: TBA
  • Council Rates: TBA
  • Owners Corp. / Insurance: TBA
Essendon Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- --- ---
Offices --- $248 ---
Retail $5993 $360 6.01%
This is the average advertised price, rent and yield for Essendon, VIC 3040*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 315-317 Keilor Road, Essendon, VIC 3040. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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