308/1142 Mt Alexander RoadEssendon VIC 3040
Property Details for 308/1142 Mt Alexander Rd, Essendon
308/1142 Mt Alexander Rd, Essendon is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 2898m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last transferred in November 2023.
Last Listing description (September 2021)
Statement of information is located at https://s3-ap-southeast-2.amazonaws.com/zenu/LISTING_IMAGES/2-1789044/1b5309bf-f8c4-451e-a123-d42b5cad563a.pdf . Please copy & paste this information into your browser address bar.
On offer is a guaranteed return of $560 per week for a 2 bedroom, 2 Bathroom 1 car apartment at Punt Hill, The Essendon Grand.
Strictly, only for the Investor, is this roomy apartment with NEW 5 YEAR Lease just agreed, commencing on the 20th February 2021.
No vacancy periods, no letting fees and no advertising for any new tenant.
The numbers are big; $29,148 per annum, $2,429 per month or $560.53 per week.
The apartment itself is located on the third floor of this iconic pub of yesteryear and is currently set up as 2 separate apartments, a spacious 1 bedroom apartment with lounge area and separate 1 bedroom studio apartment. Alternatively can be leased as a 2 bedroom, 2 bathroom apartment.
Quality fit-out including granite benches, stainless steel appliances, heating, cooling, window furnishings, Euro laundry and secure basement car space.
Superb location with shops, public transport, pubs and major roads nearby.
NO OWNER OCCUPIERS
Ideal for your own Superannuation fund.
Property History for 308/1142 Mt Alexander Rd, Essendon, VIC 3040
- 21 Nov 2023Transferred
- 15 Jul 2021Listed for Sale $390,000 - $429,000
- 30 Apr 2005Sold for $345,000
Recent sales nearby
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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 13,010 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.
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