41 Albion Street, Essendon, VIC 3040

Retail | Offices

For Lease Contact Agent

  • Property ID: 444947
  • Floor Area: 40m²
BOUTIQUE CORNER OPPORTUNITY

POINT OF INTEREST:

Set amongst a thriving local shopping strip, this retail space of 40m2* features a welcoming reception/waiting area, open plan offices, kitchenette, staff amenities and finished with polished concrete flooring throughout.
The light-filled property further benefits from dual street frontage to Albion street and Tennyson street and offers an additional 36m2* of area fronting Albion street as part of title. Neighbouring businesses include Rose Milk Food Store & Café, Hair Salon, Albion Pizza Bar and local milk bar.

- 40 sqm* of building area.
- Corner Shop with double exposure.
- Kitchenette and amenities.
- Heating and cooling*.
- Polished concrete floors.
- 400 meters* from Pasco Vale Road.
- 3 minutes * away from the CityLink M2.
- 180 meters* from the Lawson St/Albion St Bus stop.

POINT OF VIEW:
Albion Street offers a vibrant corner location with high visibility, strong foot traffic potential, and easy access by car, bike and public transport.

*Approx
Pricing excludes GST.

Additional Information
Features
  • Availability: August 2024
  • Car Spaces: N/A
  • Condition: Very good
  • Air Conditioning: Yes *
  • Floors: Polished Concrete
  • Age: TBC
Outgoings
  • Water Rates: $ 950.00
  • Council Rates: $ 1,670.00
Essendon Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- --- ---
Retail $5993 $426 7.11%
Offices $8502 $394 4.63%
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 Lease

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:

  • 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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