Stonebridge Property Group is pleased to present 10 Fletcher Street, Essendon, a permit approved residential development site within the affluent suburb of Essendon.
Key highlights of the opportunity include:
- 2,727 sqm* landholding on a tree lined boulevard
- Permit approved for 23 townhouses & 8 apartments, designed by prominent local firm Taouk Architects
- 2,000 sqm* existing improvements with 22 car spaces, may be re-purposed to medical, consulting, health or childcare (STCA)
- 750 m* to Essendon Train Station and a tram along Fletcher Street providing public transport links to Melbourne CBD
- 3 minutes* to CityLink for easy access to Melbourne CBD and Melbourne Airport
- Lease to local charity with short term exemption from land tax & council rates
- Essendon has a strong median house price of $1,950,000** highlighting market demand for higher density housing
- Walking distance to Essendon Junction retail precinct (500 m*)
- Zoned for Essendon Primary School (300 m*) and Strathmore Secondary College (2.1 km*)
- Surrounded by the best private schools in north west Melbourne, including Penleigh & Essendon Grammar School (450 m*), Lowther Hall (1.4 km*) and St Columba's (1.1 km)
*Approximately
** REIV, Mar-23 Quarter (latest)
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Julian White
0422 764 137
Chao Zhang
0411 625 068
Lucas Gentile
0418 516 056
Property Code: 650
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 13,013 properties. Over the last 5 years, Houses in Essendon have seen a 21.55% increase in median value, while Units have seen a -0.84% decrease. As at 30 November 2025:
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