36-40 Napier Street
Essendon

WELCOME HOME

In the heart of Essendon's boutique retail and fine dining scene, this rare-as-hens-teeth property is a real showstopper in terms of its exceptional development potential where the sky really is the limit. Currently occupied by two shopfronts and a rear factory (dual leases in place), healthy rental returns are on offer while you finalise plans for your new multi-level residential building (STCA).

THE FINER POINTS

Commercial 1 Zoning

Total land area approx 610sqm

4 off-street parking spaces on site

Uniform dimensions

Minimal gradient

East-west orientation

All services available

Returning approx $66k + GST per annum (combined)

FINAL WORD

Secure it before someone else beats you to the punch.