Open this Thursday 3rd August between 1:30-1:45pm
Outstanding freehold opportunity leased until 2025
Ultra-high exposure on major dining and retail strip
With commanding frontage to thriving Keilor Road and a wide ROW at rear, this perfectly placed commercial offering presents impressive investment potential with boundless capacity to reimagine in future (STCA). Currently leased to a successful hair care business, features include comprehensive plumbing and power, a spacious and storage-rich back room with added basin, external WC, and a vast backyard with rear vehicle access.
Highlights:
Longstanding freehold in a flourishing shopping/dining strip
Leased at $2100 pcm until May 2025
Commercial 1 Zone
Towering 3.5m ceilings
Plentiful transport options with city-bound tram at front door
Approx. 9km from CBD
An outstanding investment or long-term business prospect, the property offers immediate lease revenue with scope to capitalise on a high-exposure Keilor Road position.
The size of Essendon North is approximately 0.8 square kilometres. It has 4 parks covering nearly 2.5% of total area. The population of Essendon North in 2016 was 2987 people. By 2021 the population was 3071 showing a population growth of 2.8% in the area during that time. The predominant age group in Essendon North is 30-39 years. Households in Essendon North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Essendon North work in a professional occupation.In 2021, 52.70% of the homes in Essendon North were owner-occupied compared with 49.80% in 2016.
Essendon North has 2,426 properties. Over the last 5 years, Houses in Essendon North have seen a 23.50% increase in median value, while Units have seen a -3.14% decrease. As at 30 November 2025:
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