383 Keilor RoadEssendon VIC 3040
Property Details for 383 Keilor Rd, Essendon
Last Listing description (September 2021)
OVERVIEW:
+ Strong trading Woolworths neighbourhood shopping centre in major retail hotspot
+ Almost 1 Hectare of Commercial 1 Zone Land, with 3 street frontages and incredible high density mixed use capabilities
+ Significant underrented shopping centre identifying major rental upside
+ Highly accessible at grade and undercroft car parking for 259* vehicles on title
+ Net income of $1,560,000 per annum*
For further information please contact the exclusive sales agents:
Justin Dowers
+61 448 077 505
Mark Wizel
+61 409 809 868
Kevin Tong
+61 422 848 818
*approx
Property History for 383 Keilor Rd, Essendon, VIC 3040
- 10 Nov 2023Sold for $51,000,000
- 02 Sep 2021Listed for Sale Contact Agent
- 05 Aug 2020Listed for Rent - Price not available
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0About 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 12,911 properties. Over the last 5 years, Houses in Essendon have seen a 27.64% increase in median value, while Units have seen a 0.24% increase. As at 30 September 2024:
- The median value for Houses in Essendon is $1,858,829 while the median value for Units is $550,203.
- Houses have a median rent of $680 while Units have a median rent of $490.
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