87 Rose Street, Essendon, VIC 3040 sold on 27 November 2025 | OnTheHouse
 
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Sold on 27 Nov 2025 for $630,000

87 Rose Street
Essendon VIC 3040

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 187m2
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David Mogford
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Lisa Adamson
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Property Details for 87 Rose St, Essendon

Building Type
Commercial
Land Size
187m2
Local Government
Moonee Valley
Lot/Plan
1/LP75572

Last Listing description (January 2026)

McDonald Upton are delighted to offer for sale 87 Rose Street, Essendon.

An outstanding retail investment opportunity securely leased to a thriving local business.

Blue chip investment opportunity positioned in one of Melbournes most tightly held and highly regarded retail strips, in the heart of Essendon.

Secure 3 year lease term with 4 year option.

Current net income of $22,200 plus outgoings (including building insurance) exp 1/2/2028.

Prime single fronted retail building of 41m2, underpinned by strong underlying land area of 187m.

Commercial 1 Zoning

Ideally positioned directly opposite a major public transport hub in Essendon Train Station, bus terminal and tram depot one of the busiest locations in the area.

An excellent investment opportunity with promising future development potential

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Property History for 87 Rose St, Essendon, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$630,000
27 Nov 2025
  • 27 Nov 2025
    Sold for $630,000
  • 31 Oct 2025
    Listed for Sale $630,000
  • 16 Sep 2002
    Sold for $185,000
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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 13,013 properties. Over the last 5 years, Houses in Essendon have seen a 21.97% increase in median value, while Units have seen a 1.05% increase. As at 31 December 2025:

  • The median value for Houses in Essendon is $1,978,876 while the median value for Units is $595,880.
  • Houses have a median rent of $650 while Units have a median rent of $500.
There are currently 21 properties listed for sale, and 11 properties listed for rent in Essendon on OnTheHouse. According to Cotality's data, 666 properties were sold in the past 12 months in Essendon.

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David Mogford
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Lisa Adamson
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MCDONALD UPTON
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