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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

1 Queen Street
Essendon, VIC 3040

3
Bed
2
Bath
1
Cars
Land Size: 158 sqm
Property Type: Townhouse
Last Updated: 09 Mar 2026
Overview

Exceptional Essendon Opportunity – Premium Living & Proven Investment Returns

Situated in one of Essendon’s most desirable areas, this remarkable residence offers a unique opportunity for both savvy investors and discerning homebuyers looking for lifestyle, location, and strong rental potential.

Currently functioning successfully as a high-performing Airbnb property with impressive returns, this adaptable home provides immediate income potential while also being an ideal choice for owner-occupiers seeking a quality residence in a prestigious suburb.

Inside, the home is meticulously designed for comfort and modern living, showcasing stylish floorboards throughout, built-in robes for practical storage, and a contemporary kitchen equipped with a dishwasher. Year-round comfort is guaranteed with split-system heating and cooling, along with reverse-cycle air conditioning, while a comprehensive alarm system adds an extra layer of security.

Step outside to experience the true lifestyle appeal of this property. A spacious courtyard and outdoor entertaining area create the perfect setting for hosting family and friends, while the balcony with scenic views offers a peaceful retreat. The secure remote-control garage and fully fenced yard enhance both convenience and security.

Sustainability features such as a water tank and grey water system, along with broadband connectivity, ensure the home is both practical and future-ready.

Located in the heart of Essendon, this property is surrounded by some of Melbourne’s most esteemed private and independent schools, including:

  • Penleigh and Essendon Grammar School
  • Lowther Hall Anglican Grammar School
  • St Columba's College Essendon
  • St Bernard's College Essendon
  • Ave Maria College Essendon

This exceptional education precinct further enhances the area’s appeal for families and long-term investors.

With Essendon continuing to experience strong demand due to its excellent transport links, vibrant local cafés, parks, and proximity to the Melbourne CBD, opportunities like this are becoming increasingly rare.

Whether you’re looking to secure a premium family home or a proven income-producing investment, this outstanding Essendon property delivers lifestyle, location, and long-term potential.

Location
1 Queen Street
Essendon VIC 3040
Measurements
Type Dimensions
Floor Area 158.40 sqm
Market Insights for Essendon VIC 3040
New Listings (last 30 days)
5
Average price
$1,059,000
Lowest price
$485,000
Highest price
$2,550,000
Other properties in this postcode
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206/222 Buckley Street, Essendon VIC 3040
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206/222 Buckley Street, Essendon VIC 3040
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1/14 Hampton Road, Essendon VIC 3040
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1/14 Hampton Road, Essendon VIC 3040
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46 Fitzgerald Road, Essendon VIC 3040
$Private Sale
46 Fitzgerald Road, Essendon VIC 3040
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276 Pascoe Vale Road, Essendon VIC 3040
$2,550,000 - $2,805,000
276 Pascoe Vale Road, Essendon VIC 3040
3 beds 1 bath 2 cars

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.