26 Hampton Road, Essendon West, VIC 3040 | Property Value & History | OnTheHouse
 
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26 Hampton Road
Essendon West VIC 3040

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Bathrooms: -
Car spaces: 2
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Property Details for 26 Hampton Rd, Essendon West

Building Type
Commercial
Local Government
Moonee Valley
Lot/Plan
2/LP42746

Last Listing description (December 2023)

Bank the Current Rental Income, and Plan a Future Development

Jason Commercial is pleased to offer for sale to the public market: 26 Hampton Road, Essendon West.

A rare opportunity to secure an excellent retail/dwelling investment in a prominent, and affordable local retail strip. This asset presents a great opportunity to the savvy investor; to bank the existing rental income and value add in the future with development (STCA).

KEY FEATURES INCLUDE:

* Land area: 227 m2 (approx)
* Building area: 190 m2 (approx)
* Rear laneway access
* Commercial 1 zone

LEASE DETAILS:
* Net rental: $27,552 p/a
* 100% of all outgoings paid by tenant
* 2 Year lease commencing 1st January 2023
* 2 further options of 2 years each to renew
* Annual rent increases at 4% fixed and Lease options at Market Value

Please note: all prices quoted are GST exclusive.

All enquiries must include full first name & surname, mobile number and email address.

For further information regarding this property, please contact below agent/s

Leo Kikyris
0408 365 860
leo@jason***

Joseph Sassine
0419 332 839
joseph@jason***

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Property History for 26 Hampton Rd, Essendon West, VIC 3040

A timeline of how this property has performed in the market
Last Sold
$369,000
26 Sep 2011
  • 14 Jul 2023
    Listed for Sale $850,000
  • 03 Feb 2023
    Listed for Sale Contact Agent
  • 07 Jun 2011
    Listed for Sale 379,000
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About Essendon West 3040

The size of Essendon West is approximately 1.0 square kilometres. It has 9 parks covering nearly 29.4% of total area. The population of Essendon West in 2016 was 1439 people. By 2021 the population was 1559 showing a population growth of 8.3% in the area during that time. The predominant age group in Essendon West is 50-59 years. Households in Essendon West are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Essendon West work in a professional occupation.In 2021, 71.60% of the homes in Essendon West were owner-occupied compared with 70.70% in 2016.

Essendon West has 803 properties. Over the last 5 years, Houses in Essendon West have seen a 20.26% increase in median value, while Units have seen a 31.17% increase. As at 30 November 2025:

  • The median value for Houses in Essendon West is $1,353,232 while the median value for Units is $868,814.
  • Houses have a median rent of $750 while Units have a median rent of $695.
There are currently 1 property listed for sale, and 1 property listed for rent in Essendon west on OnTheHouse. According to Cotality's data, 35 properties were sold in the past 12 months in Essendon west.

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