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39 & 41-51 Napier Street & 85 Raleigh Street, Essendon, VIC 3040

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39 & 41-51 Napier Street & 85 Raleigh Street, Essendon, VIC 3040

Essendon

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+12 Photos

39 & 41-51 Napier Street & 85 Raleigh Street, Essendon, VIC 3040

Essendon

39 & 41-51 Napier Street & 85 Raleigh Street, Essendon, VIC 3040

39 & 41-51 Napier Street & 85 Raleigh Street, Essendon, VIC 3040

Properties / Buy / Victoria / Essendon
Development Potential
Property Type
Commercial
Sub Type
Hotel Sites, Retail/Shopping Centre
Land Area
2,657 m² (*approx)
Selling Method
EOI: Contact the Savills team Today
DOCUMENTS AVAILABLE
EOI Closing Date
3 Dec 2025 02:00PM
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Premium Development Opportunity in Essendon’s Activity Centre
  • Largest Site in Napier Precinct
  • Concept for Major Mixed-Use Project
  • Absolute Premium Essendon Location

Savills in conjunction with Jellis Craig is delighted to offer For Sale 39 & 41-51 Napier Street & 85 Raleigh Street, Essendon, a premium development opportunity in Essendon’s activity centre.

Key attributes of the property include:

• A significant 2,657sqm* landholding situated moments away from the best amenities Essendon has to offer

• High exposure site with dual street frontages totalling 65m* offering the largest remaining development site in the Napier Street Retail Precinct

• Concept plan prepared for 74 apartments, 10 townhouses and prime retail space (STCA)

• Offered with holding income on a short-term lease

• Commercial 1 Zone, ideal for a range of development outcomes (STCA)

• Highly connected via tram services along Mt Alexander Road and Fletcher Street and nearby Essendon Train Station (220m*)

• Located in Essendon’s retail corridor along Mt Alexander Road, offering some of Melbourne's best cafes and restaurants

*Approximate

For Sale via Expressions of Interest closing Wednesday 3 December 2025 at 2pm

For further information please contact:

Julian Heatherich – 0412 995 655

Benson Zhou – 0458 488 888

James Latos – 0422 604 900

John Morello (Jellis Craig) – 0412 088 757

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Potential

39 & 41-51 Napier Street & 85 Raleigh Street Development Site Summary

Property Type
Commercial
Sub-type
Hotel Sites, Retail/Shopping Centre
Land Area
2,657 m² (*approx)
Selling method
EOI: Contact the Savills team Today
DOCUMENTS AVAILABLE
Request Access
EOI Closing Date
3 Dec 2025 02:00PM

Development Site Highlights

Premium Development Opportunity in Essendon’s Activity Centre
  • Largest Site in Napier Precinct
  • Concept for Major Mixed-Use Project
  • Absolute Premium Essendon Location

Savills in conjunction with Jellis Craig is delighted to offer For Sale 39 & 41-51 Napier Street & 85 Raleigh Street, Essendon, a premium development opportunity in Essendon’s activity centre.

Key attributes of the property include:

• A significant 2,657sqm* landholding situated moments away from the best amenities Essendon has to offer

• High exposure site with dual street frontages totalling 65m* offering the largest remaining development site in the Napier Street Retail Precinct

• Concept plan prepared for 74 apartments, 10 townhouses and prime retail space (STCA)

• Offered with holding income on a short-term lease

• Commercial 1 Zone, ideal for a range of development outcomes (STCA)

• Highly connected via tram services along Mt Alexander Road and Fletcher Street and nearby Essendon Train Station (220m*)

• Located in Essendon’s retail corridor along Mt Alexander Road, offering some of Melbourne's best cafes and restaurants

*Approximate

For Sale via Expressions of Interest closing Wednesday 3 December 2025 at 2pm

For further information please contact:

Julian Heatherich – 0412 995 655

Benson Zhou – 0458 488 888

James Latos – 0422 604 900

John Morello (Jellis Craig) – 0412 088 757

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Potential

Property Location of 39 & 41-51 Napier Street & 85 Raleigh Street, Essendon, VIC 3040

Property Map

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Site Report Available

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Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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