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204 & 204a Buckley Street, Essendon, VIC, 3040

Properties / Buy / Victoria / Essendon

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

Closing Wednesday 28th August at 3pm

Land Area

449 m² (*approx)

Floor Area

250 m² (*approx)

Property Type

Retail, Land

Sub-type

Mixed Use

Terms

5 year lease to Fairway Dry Cleaners and 2 year lease to rear dwelling

Est. Income

$79,200 p/a

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2. Property Highlights

Fully Leased Investment On Generous Land Holding

2 Building On 1 Title
New Leases in Place
High Profile Location

Fitzroys is pleased to offer 204 and 204a Buckley Street, Essendon for sale by Expressions of Interest closing Wednesday 28th August at 3pm.

Key attributes include:

- Generational opportunity – owned by the same family since 1966!

- Prominently positioned within well supported retail and lifestyle precinct

- Improvements comprise retail premises fronting Buckley Street and separate detached dwelling at rear

- Two new commercial leases in place

- 5 year lease to Fairway Dry Cleaners and 2 year lease to rear dwelling

- Land area of 449qm* with wide street frontage of 12.19 metres*

- Within Commercial 1 zone

- Outstanding landbank opportunity offering scope for future multi-level development outcomes (stca)

- Convenient connectivity to major arterials including Tullamarine Freeway, City Link, Mt Alexander Road and Calder Freeway

- Excellent public transport options nearby including Essendon train station, tram and bus services

- Surrounded by surging development activity further enhancing the viability of Essendon’s commercial precinct

- In demand location only 8km* from Melbourne’s CBD

For further information or an inspection, please contact exclusive selling agents, Fitzroys.

*approx.

Remember to mention you found this property on CommercialReady

Property Type

Retail, Land

Sub-type

Mixed Use

Est. Income

$79,200 p/a

Terms

5 year lease to Fairway Dry Cleaners and 2 year lease to rear dwelling

Land Area

449 m² (*approx)

Floor Area

250 m² (*approx)

Selling Method

EOI

EOI Closing Date

28 Aug 2024 02:00PM

Add to calendar

Selling Details

Closing Wednesday 28th August at 3pm

2. Property Highlights

Fully Leased Investment On Generous Land Holding

2 Building On 1 Title
New Leases in Place
High Profile Location

Fitzroys is pleased to offer 204 and 204a Buckley Street, Essendon for sale by Expressions of Interest closing Wednesday 28th August at 3pm.

Key attributes include:

- Generational opportunity – owned by the same family since 1966!

- Prominently positioned within well supported retail and lifestyle precinct

- Improvements comprise retail premises fronting Buckley Street and separate detached dwelling at rear

- Two new commercial leases in place

- 5 year lease to Fairway Dry Cleaners and 2 year lease to rear dwelling

- Land area of 449qm* with wide street frontage of 12.19 metres*

- Within Commercial 1 zone

- Outstanding landbank opportunity offering scope for future multi-level development outcomes (stca)

- Convenient connectivity to major arterials including Tullamarine Freeway, City Link, Mt Alexander Road and Calder Freeway

- Excellent public transport options nearby including Essendon train station, tram and bus services

- Surrounded by surging development activity further enhancing the viability of Essendon’s commercial precinct

- In demand location only 8km* from Melbourne’s CBD

For further information or an inspection, please contact exclusive selling agents, Fitzroys.

*approx.

Remember to mention you found this property on CommercialReady

204 & 204a Buckley Street, Essendon, VIC, 3040 Essendon

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Fitzroys

Level 27, 360 Collins Street, Melbourne VIC 3000

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Chris Kombi

+61 *** *** *** show +61 438 156 236

Ervin Niyaz

+61 *** *** *** show +61 404 808 327

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

204 & 204a Buckley Street, Essendon, VIC, 3040