A brilliant business base or astute retail/residential investment, this unique property (c2010) is perfect either way with its sizeable shopfront, two-level townhouse above and prime location in the very epicentre of Essendon. Boating a total floor area of approx 220sqm and designed to operate as two distinct entities, the ground-floor is occupied by a sizeable shopfront leading through to the remote-control garage (via side ROW) and powder room. Complete with its own separate entrance and garage access, the townhouse above comprises two large bedrooms (both with BIRs) complemented by a fully-tiled two-way bathroom and additional WC. Adding to the appeal is a dedicated study, versatile lounge and light-filled open living/meals area accompanied by a stone-bench kitchen with ample cupboard space, stainless steel cooking appliances and dishwasher. Other stand-out features include a large terrace (from the living area) ideal for relaxing or entertaining, gas heating and split-system air conditioning (shop front and residence), alarm, CCTV and video intercom, plus excellent storage options throughout. Rose Street cafes, bars and restaurants around the corner along with the convenience of Essendon Station, it's also close to local parks and a range of schools, as well as Mt Alexander Road trams and a choice of bus routes. Note: no owners corporation fees.
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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