Offered as two separate titles with the opportunity to purchase individually or together, 136 & 138 Deakin Street presents a rare chance for developers to secure a substantial landholding in one of Essendon’s most tightly held pockets.
When combined, the sites deliver approximately 1,285sqm of flat, highly usable land with a total frontage of approximately 30.1 metres - providing exceptional scale and flexibility for a premium multi-dwelling or townhouse development (STCA). Alternatively, each allotment can be acquired independently, offering flexibility in acquisition strategy and project staging.
Both existing dwellings are beyond repair, allowing for immediate demolition and redevelopment. The generous dimensions and regular shape provide a strong foundation for an efficient, high-yield development outcome in a consistently in-demand location.
Positioned near the Keilor Road end of Deakin Street, the site benefits from excellent access to retail, dining, and lifestyle amenity, along with strong transport connections including tram services and nearby Essendon Station. The area is well serviced by quality schools, parklands, and established infrastructure, underpinning ongoing buyer demand.
Key Highlights:
• Two separate titles – purchase individually or together
• Combined landholding of approx. 1,285sqm (when acquired together)
• Total combined frontage of approx. 30.1 metres
• Flat, cleared development potential (STCA)
• Highly sought-after Essendon location with strong end-value appeal
Opportunities of this scale and flexibility are increasingly rare in blue-chip Essendon. Secure one or both and unlock a significant development site with multiple strategic options.
Please note: The dwellings are not habitable, and no internal inspections are available. The site is being offered for redevelopment purposes only.
The auctions will be held separately and at staggered times, with 136 Deakin Street scheduled for 10:00am, followed by 138 Deakin Street at 10:15am.
Remember to mention you found this property on DevelopmentReady
Offered as two separate titles with the opportunity to purchase individually or together, 136 & 138 Deakin Street presents a rare chance for developers to secure a substantial landholding in one of Essendon’s most tightly held pockets.
When combined, the sites deliver approximately 1,285sqm of flat, highly usable land with a total frontage of approximately 30.1 metres - providing exceptional scale and flexibility for a premium multi-dwelling or townhouse development (STCA). Alternatively, each allotment can be acquired independently, offering flexibility in acquisition strategy and project staging.
Both existing dwellings are beyond repair, allowing for immediate demolition and redevelopment. The generous dimensions and regular shape provide a strong foundation for an efficient, high-yield development outcome in a consistently in-demand location.
Positioned near the Keilor Road end of Deakin Street, the site benefits from excellent access to retail, dining, and lifestyle amenity, along with strong transport connections including tram services and nearby Essendon Station. The area is well serviced by quality schools, parklands, and established infrastructure, underpinning ongoing buyer demand.
Key Highlights:
• Two separate titles – purchase individually or together
• Combined landholding of approx. 1,285sqm (when acquired together)
• Total combined frontage of approx. 30.1 metres
• Flat, cleared development potential (STCA)
• Highly sought-after Essendon location with strong end-value appeal
Opportunities of this scale and flexibility are increasingly rare in blue-chip Essendon. Secure one or both and unlock a significant development site with multiple strategic options.
Please note: The dwellings are not habitable, and no internal inspections are available. The site is being offered for redevelopment purposes only.
The auctions will be held separately and at staggered times, with 136 Deakin Street scheduled for 10:00am, followed by 138 Deakin Street at 10:15am.
Remember to mention you found this property on DevelopmentReady
136 & 138 Deakin Street, Essendon North, VIC 3040
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Developments and amenities within a 5km radius of the asset.