Watch Watch
Your home of Development Ready videos
Watch Watch
All Videos
Back
Back to results
Properties / Buy / Victoria / Essendon
Save
Share

881 Mt Alexander Road, Essendon, VIC 3040

Enquire
+14 Photos
/
Images
Close

881 Mt Alexander Road, Essendon, VIC 3040

Essendon

Enquire now or Access Dataroom
881 Mt Alexander Road, Essendon, VIC 3040
×
+16 Photos
881 Mt Alexander Road, Essendon, VIC 3040

881 Mt Alexander Road, Essendon, VIC 3040

Properties / Buy / Victoria / Essendon
Development Approved
Property Type
Residential, Commercial, Mixed Use
Sub Type
Apartment Sites, Office, Retail/Shopping Centre
Land Area
1,138 m² (*approx)
Zoning
C1Z
Selling Method
For Sale: Contact the Melbourne Development Site Specialists
DOCUMENTS AVAILABLE
Request Access
Show All
Permit approved 15-level mixed-use project – Mt Alexander Rd, Essendon
  • The Jewel of Essendon
  • 15-level mixed-use project
  • Strong holding income of $225,778.50*

EOI CLOSED - Offers Under Review

Savills is delighted to present for sale 881 Mt Alexander Road, Essendon – a premium permit approved corner landholding in the heart of Essendon’s Mt Alexander Corridor activity centre, moments from Essendon train station and high-quality amenity.

The property's prime position and strong fundamentals make it an ideal opportunity to develop, invest or landbank in one of Melbourne’s most sought-after suburbs.

The Savills team have no hesitation in presenting this blue-chip opportunity for your consideration.

Key attributes of the property include:

• Prominent 1,138sqm* corner landholding

• Permit approved for a 15-level project comprising 77 premium apartments, retail and office space

• Flexible Commercial 1 Zone (C1Z)

• Holding income of $225,778.50* over two tenants with demolition clause

• Ideally positioned metres from Essendon Train Station and just a short walk from the Rose Street and Napier Street retail precincts

• Opposite Penleigh and Essendon Grammar Junior school and in proximity to quality schools including Lowther Hall and PEGS Senior school

• Strong suburb median house price of $1,625,000^

*approximate ^realestate.com.au

For further information please contact:

Benson Zhou - 0458 488 888

Julian Heatherich - 0412 995 655

James Latos - 0422 604 900

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Approved

881 Mt Alexander Road Development Site Summary

Ready Verified
Info icon
This listing meets our standards for including all key property details
Property Type
Residential, Commercial, Mixed Use
Sub-type
Apartment Sites, Office, Retail/Shopping Centre
Land Area
1,138 m² (*approx)
Zoning
C1Z
Selling method
For Sale: Contact the Melbourne Development Site Specialists
DOCUMENTS AVAILABLE
Gain Access

Development Site Highlights

Permit approved 15-level mixed-use project – Mt Alexander Rd, Essendon
  • The Jewel of Essendon
  • 15-level mixed-use project
  • Strong holding income of $225,778.50*

EOI CLOSED - Offers Under Review

Savills is delighted to present for sale 881 Mt Alexander Road, Essendon – a premium permit approved corner landholding in the heart of Essendon’s Mt Alexander Corridor activity centre, moments from Essendon train station and high-quality amenity.

The property's prime position and strong fundamentals make it an ideal opportunity to develop, invest or landbank in one of Melbourne’s most sought-after suburbs.

The Savills team have no hesitation in presenting this blue-chip opportunity for your consideration.

Key attributes of the property include:

• Prominent 1,138sqm* corner landholding

• Permit approved for a 15-level project comprising 77 premium apartments, retail and office space

• Flexible Commercial 1 Zone (C1Z)

• Holding income of $225,778.50* over two tenants with demolition clause

• Ideally positioned metres from Essendon Train Station and just a short walk from the Rose Street and Napier Street retail precincts

• Opposite Penleigh and Essendon Grammar Junior school and in proximity to quality schools including Lowther Hall and PEGS Senior school

• Strong suburb median house price of $1,625,000^

*approximate ^realestate.com.au

For further information please contact:

Benson Zhou - 0458 488 888

Julian Heatherich - 0412 995 655

James Latos - 0422 604 900

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Approved
Benson Zhou
Benson Zhou
+61 *** *** *** show +61 458 488 888
Message Message
+61 458 488 888 [email protected] Message
Julian Heatherich
Julian Heatherich
+61 *** *** *** show +61 412 995 655
Message Message
+61 412 995 655 [email protected] Message
James Latos
James Latos
+61 *** *** *** show +61 422 604 900
Message Message
+61 422 604 900 [email protected] Message
Access Dataroom
Benson Zhou
Benson Zhou
+61 *** *** *** show +61 458 488 888
Message Message
+61 458 488 888 [email protected] Message
Julian Heatherich
Julian Heatherich
+61 *** *** *** show +61 412 995 655
Message Message
+61 412 995 655 [email protected] Message
James Latos
James Latos
+61 *** *** *** show +61 422 604 900
Message Message
+61 422 604 900 [email protected] Message

Finance Calculator

881 Mt Alexander Road, Essendon, VIC 3040

Secure/no obligation

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: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

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

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 881 Mt Alexander Road, Essendon, VIC 3040

One moment please.

Retrieving map...

Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
881 Mt Alexander Road, Essendon, VIC 3040 Essendon
Enquire
Savills - VIC
Savills - VIC
Level 29, South Tower, 80 Collins Street, Melbourne, VIC, 3000
View Agency Profile
Benson Zhou
Benson Zhou
+61 *** *** *** show +61 458 488 888
Julian Heatherich
Julian Heatherich
+61 *** *** *** show +61 412 995 655
James Latos
James Latos
+61 *** *** *** show +61 422 604 900
Enquire