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39 Napier Street
Essendon, VIC 3040
$1,400,000 - $1,540,000 | EOI Closing 21 May 2pm
Overview
39 Napier Street, Essendon
This property presents an exceptional opportunity in a unique location, offering a substantial land size of 466 square meters. Zoned Commercial 1, the site holds redevelopment potential for both commercial and residential purposes, subject to council approval (STCA).
Highly accessible, the property benefits from excellent connectivity via tram services along Mt Alexander Road and Fletcher Street, as well as proximity to Essendon Train Station, approximately 200 meters away. This ensures convenient transport options for residents and visitors alike.
Situated in Essendon's premier retail precinct, the location offers access to some of the area's finest cafes and restaurants, enhancing lifestyle appeal. The property's future value is further supported by its zoning within the Strathmore College catchment area and its close proximity to other reputable schools, including Penleigh and Essendon Grammar Junior School, making it attractive for families prioritizing education.
The vendor retains the right to sell the property at any time, including prior to any advertised date, and may alter the sale method or bring forward any auction dates. Prospective purchasers are advised to notify the selling agent in writing of their interest and intended participation to stay informed of any changes to the sale process. It is the responsibility of purchasers to ensure their contact details are current and that they remain reachable, as the agent cannot guarantee delivery of updates if communication preferences are restricted or contact details are incorrect.
Location
Essendon VIC 3040
Market Insights for Essendon VIC 3040
Other properties in this postcode
Auction $2,000,000 - $2,200,000
109 McCracken Street, Essendon VIC 3040
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