1-5 Glass StreetEssendon VIC 3040
Property Details for 1-5 Glass St, Essendon
Last Listing description (November 2023)
Gross Waddell ICR is pleased to offer via Mortgagee Auction 1-5 Glass Street, Essendon, a boutique planning permit approved development.
Key Features include:
Cleared site of 205sqm* of Commercial 1 zoned land
Planning permit approved for ground floor retail/commercial space, 1-bedroom studio apartment and two spacious 3-bedroom apartments over 3 levels
Neighbouring Glenbervie Station allowing easy access to surrounding suburbs and the CBD
Close proximity to schools, parks, North Essendon Village shops, Mt Alexander Road, trams and Citylink
For Sale via Mortgagee Public Auction on Thursday 7th December 2023 at 12pm on-site.
For further information or to organise an inspection please contact Alex Ham on 0410 545 226 or Andrew Greenway on 0409 547 626 from Gross Waddell ICR.
*Approx
Property History for 1-5 Glass St, Essendon, VIC 3040
- 07 Dec 2023Sold for $797,500
- 08 Nov 2023Listed for Sale Contact Agent
- 28 Jun 2023Listed for Sale Contact Agent
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About Essendon 3040
The size of Essendon is approximately 6.2 square kilometres. It has 20 parks covering nearly 8.4% of total area. The population of Essendon in 2011 was 18,852 people. By 2016 the population was 20,611 showing a population growth of 9.3% in the area during that time. The predominant age group in Essendon is 20-29 years. Households in Essendon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Essendon work in a professional occupation. In 2011, 64% of the homes in Essendon were owner-occupied compared with 60.2% in 2016.
Essendon has 12,887 properties. Over the last 5 years, Houses in Essendon have seen a 21.21% increase in median value, while Units have seen a -3.61% decrease. As at 31 October 2024:
- The median value for Houses in Essendon is $1,847,895 while the median value for Units is $544,365.
- Houses have a median rent of $690 while Units have a median rent of $490.
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