976 Mt Alexander RoadEssendon VIC 3040
Property Details for 976 Mt Alexander Rd, Essendon
Last Listing description (November 2021)
CBRE Victorian Development Sites & CBRE Hotels are pleased to present a prodigious land rich offering along Essendon's most prominent boulevard
+Elevated 3,000*sqm landholding with significant sweeping combined frontage of 72*m to Mt Alexander Road
+Existing multi level residential motor inn and apartments comprising 44 rooms with a licensed function room and bar and associated grade car parking
+Highly flexible zoning offering the potential for a future multi-level development project (STCA).
+Potential to continue operating under current use or develop
+Surrounded by an abundance of cafs, restaurants, retail and service offerings including popular North Essendon Village
+Central location well serviced by immediate public transport options including 59 Tram (to City and Moonee Ponds) on the doorstep and 350m* to Essendon Train Station. Only 10 minutes to Melbourne's CBD and Melbourne Airport
+A strong median house price of $1,450,000 which underpins the need for new housing and development
976-990 MT ALEXANDER ROAD, ESSENDON IS BEING OFFERED FOR SALE VIA PUBLIC EXPRESSIONS OF INTEREST CLOSED OFFERS UNDER REVIEW.
Scott Callow
+61 418 153 606
David Minty
+61 422 564 199
Jing Jun Heng
+61 411 059 116
Property History for 976 Mt Alexander Rd, Essendon, VIC 3040
- 20 Apr 2021Listed for Sale Contact Agent
- 14 Sep 2014Sold for $12,925
- 14 Sep 2014Transferred
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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.
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