Seize the moment and embrace a once-in-a-lifetime chance for savvy developers. With a generous (1995sqm approx.) block and two homes to be sold as one allotment, this prestigious property boasts General Residential Zoning, positioning it at the heart of Essendon. Discover the untapped potential of this charming tree-lined treasure, offering a multitude of development opportunities (STCA) in a thriving location, while also enjoying the convenience of walking distance to the Essendon Train Station and swift tram access along Fletcher Street to Melbourne CBD.
Immerse yourself in the ultimate convenience as Essendon Junction retail precinct awaits just a short 300m stroll from your doorstep. Moreover, enjoy the advantage of being zoned for highly regarded educational institutions like Essendon Primary School, Strathmore Secondary College, esteemed private schools, including Penleigh & Essendon Grammar, Lowther Hall, and St Columba's College. With Essendon boasting a strong median house price, highlighting the market demand for higher density housing, don't let this outstanding opportunity pass you by. Unlock the potential of this prime development site, create something extraordinary, and begin your journey towards success!
[Disclaimer: All information provided is deemed reliable but not guaranteed and should be independently verified. Measurements are approximate.]
Remember to mention you found this property on DevelopmentReady
Seize the moment and embrace a once-in-a-lifetime chance for savvy developers. With a generous (1995sqm approx.) block and two homes to be sold as one allotment, this prestigious property boasts General Residential Zoning, positioning it at the heart of Essendon. Discover the untapped potential of this charming tree-lined treasure, offering a multitude of development opportunities (STCA) in a thriving location, while also enjoying the convenience of walking distance to the Essendon Train Station and swift tram access along Fletcher Street to Melbourne CBD.
Immerse yourself in the ultimate convenience as Essendon Junction retail precinct awaits just a short 300m stroll from your doorstep. Moreover, enjoy the advantage of being zoned for highly regarded educational institutions like Essendon Primary School, Strathmore Secondary College, esteemed private schools, including Penleigh & Essendon Grammar, Lowther Hall, and St Columba's College. With Essendon boasting a strong median house price, highlighting the market demand for higher density housing, don't let this outstanding opportunity pass you by. Unlock the potential of this prime development site, create something extraordinary, and begin your journey towards success!
[Disclaimer: All information provided is deemed reliable but not guaranteed and should be independently verified. Measurements are approximate.]
Remember to mention you found this property on DevelopmentReady
42 - 40 Fletcher Street, Essendon, 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.