An Essendon Icon – Rare City Fringe site of Historical Significance

27 May 2024

This site of historical significance has been listed for sale via an expression of interest campaign by NSL Property Group closing Thursday 4th July at 3pm.

This unique site sits within a premier commercial precinct and is ripe for further upside (STCA). Positioned in an established and exclusive precinct of Essendon close to the Buckley Street, Pascoe Vale Road and the City Link interchanges, this site offers flexible General Residential Zoning.

Currently occupied by The Salvation Army the 941sqm building sits on 2714sqm of land.

The property was built over 140 years ago and is the first time publicly offered to the market. Other key features include:

  • Three street frontages with 138 metre of exposure
  • Suits a variety of Commercial or Residential Applications (STCA).
  • Ample onsite parking

Vendor: The Salvation Army Moonee Ponds Corp Centre Details: Price expectations over $7.5M

  • Total Land Area 2714sqm
  • Total Building Area 941sqm
  • Expected Price Circa $7M

Agents:

Guy Naselli: Managing Director – NSL Property Group

When contacted about the sale deal, NSL Property Group Managing Director, Guy Naselli said: “The prime inner west location and positioning of this rare iconic site coupled with the variety of potential uses makes this an offering not to be missed. We have already fielded interest from Owner Occupiers, Investors and Developers”