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
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 2016 was 20596 people. By 2021 the population was 21240 showing a population growth of 3.1% 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 over $4000 per month on mortgage repayments. In general, people in Essendon work in a professional occupation.In 2021, 62.10% of the homes in Essendon were owner-occupied compared with 60.20% in 2016.
Essendon has 13,014 properties. Over the last 5 years, Houses in Essendon have seen a 15.14% increase in median value, while Units have seen a -1.22% decrease. As at 31 March 2026:
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