138 Hoffmans RoadEssendon VIC 3040
Property Details for 138 Hoffmans Rd, Essendon
Last Listing description (September 2021)
CBRE Australian Healthcare and Social Infrastructure is delighted to offer for sale 138 Hoffmans Road, Essendon. Leased to Guardian Early Learning who own and operate 100+ centres nationwide. Guardian Early Learning is backed by the Partners Group, one of the largest private market investment managers in the world with AUD $140 billion under management.
Renewed 10 + 10+ 10 year lease to 2050 (commencing 1 July 2020)
Land area of 1,894sqm* with substantial high-grade purpose built construction of 804sqm* with 22 car spaces
Current rental of $491,250 per annum** with fixed 3.5% or CPI annual increases, whichever is greater
Strong underlying land value with Essendon median house price presently $1,460,000*
Highly trafficked Hoffmans Road location (5,400 cars per day*) with generous street frontage of 40m*
Strategically located 250m* to Niddrie Central Shopping Centre anchored by Woolworths and the retail, food and lifestyle village of Keilor Road
Surrounded by high profile primary schools supporting this long standing child care centre; St John Bosco (400m*), Essendon North Primary School (950m*) and Niddrie Primary School (1.5km*)
For further information please contact the exclusive sales and marketing agents:
Josh Twelftree
+61 452 524 985
Jimmy Tat
+61 439 399 118
Marcello Caspani-Muto
+61 417 065 777
Sandro Peluso
+61 418 389 757
* approx
** as at 1 July 2021
Property History for 138 Hoffmans Rd, Essendon, VIC 3040
- 03 Apr 2024Sold for $9,000,000
- 16 Jun 2021Transferred
- 09 Dec 2020Sold for $8,600,000
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Essendon 3040
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 13,007 properties. Over the last 5 years, Houses in Essendon have seen a 17.09% increase in median value, while Units have seen a 2.31% increase. As at 28 February 2026:
- The median value for Houses in Essendon is $1,966,440 while the median value for Units is $596,759.
- Houses have a median rent of $650 while Units have a median rent of $515.
Suburb Insights for Essendon 3040
Market Insights
Essendon Trends for Houses
N/A
N/A
View TrendN/A
N/A
Essendon Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
