8
Winifred Street ESSENDON
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 1ST SEPTEMBER 2021 AT 2PM
8
Winifred Street ESSENDON
CONTENTS 04 INTRODUCTION 06 EXECUTIVE SUMMARY 10 LOCATION 14 SUBURB PROFILE 18 KEY REASONS TO BUY 20 PROPERTY PARTICULARS 24 PLANNING PERMIT 26 SALE METHOD
3
INTRODUCTION
Aston Commercial in conjunction with Projects by Buxton Real Estate are pleased to offer 8 Winifred Street, Essendon for sale by Expressions of Interest closing on Wednesday 1st September 2021 at 2.00pm.
This outstanding property is located in a cul-de-sac north of Mt Alexander Road in a lovely street setting just moments away from popular shops, cafes and convenient transport options. Positioned in one of Melbourne’s most sought after and regarded inner north west suburbs Essendon, this parcel of land with a generous existing family home offers developer’s and the astute property person an approved and ready to build permit for 11 multi story townhouses. These well-designed plans provide for a sleek and stylish final product. We highly recommend this property for your serious consideration.
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EXECUTIVE SUMMARY
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Winifred Street ESSENDON Located just metres from the North Essendon Shopping Village this property sits in a prime location that provides amenities galore for future occupiers but also benefits from the tranquil setting of Woodlands Park at the other end of the single entry Street.
An infill development opportunity with significant street frontage providing a great ready to market development in a proven location.
PLANNING PERMIT
EXISTING IMPROVMENTS
Approved permit for the construction of eleven Two Bedroom Townhouses
Four bedroom Californian Bungalow with garage
LAND AREA
ZONING
977 sqm*
R1Z - General Residential
METHOD OF SALE
TERMS OF SALE
For Sale by Expressions of Interest closing Wednesday September 1st at 2pm
10% deposit with a settlement in 30 – 120 days available *approx.
Fred Nucara
Liam Rafferty
Heath Thompson
Andrew Fawell
Director 0418 567 560 fred@astoncommercial.com.au
Senior Sales Executive 0421 886 655 liam@astoncommercial.com.au
Director 0408 314 756 heatht@buxton.com.au
Director 0414 508 155 andrewf@buxton.com.au
LOCATION Some nearby businesses and infrastructure include:
Retail • Coles • 7-Eleven • Celebrations • Chemist Warehouse • F45 Training • DFO – Essendon
Education • • • • •
St Therese’s School Lowther Hall Anglican Grammar Penleigh & Essendon Grammar St Columba’s College Essendon North Primary School
• Buckley Park College
Transport • Tram – Route 59 • Train – Glenbervie Station • Bus – Route 477 & 952 • Citylink
Recreation • • • •
10
Woodlands Park Windy Hill Oval Lincoln Park Allison Park
SUBURB PROFILE: ESSENDON 3040 Big, grand and green with a riverside vista, broad boulevards and leafy streets dappled with gorgeous historical homes, Essendon is one stylish enclave. Essendon is just a handful of kilometres
Shopping is an impressive array of strip
from the city, but all that grind seems to
shopping along parts of Napier Street and
melt away when you stroll the banks of
Mount Alexander Road, with Highpoint
the Maribyrnong River.
mall nearby and the epic DFO drawing locals and cross-towners alike to its
If you’re looking for somewhere to enjoy
bargain stores.
a little bit of the good life, Essendon knows how to deliver. Much of Essendon’s
For families, the range of schools is a
buzz bubbles along on the banks of the
major drawcard, and as for transport,
mighty Maribyrnong River, where people
well – what kind do you want? Essendon
cycle along the bike tracks while families
has trams, trains, buses and yes, even
picnic in the parkland and ladies lunch at
an airport.
Poynton’s Nursery.
Median House Price
$1,550,000
Surrounding Suburbs Aberfeldie
$1,800,000
Strathmore
$1,425,000
Moonee Ponds
$1,387,500
Brunswick West
$1,267,500
*Source REA
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KEY REASONS TO BUY
PERMIT APPROVED
MEDIAN HOUSE PRICE $1,550,000
BOUTIQUE SIZE PROJECT
Ready to build
An area of high demand (REIV)
11 Townhouses with at grade parking
MAJOR SHOPPING VILLAGE
HIGHLY ACCESSIBLE
SUPREME LIFESTYLE LOCATION
On the doorstep with anchor tenants including Coles
With nearby transport into the city and airport
With Woodlands Park at the end of the street
PROPERTY PARTICULARS TITLE PARTICULARS Certificate of Title Volume: 5470 Folio: 854
LAND DESCRIPTION Lot 1 on Title Plan 241320X
ZONING Under the Monee Valley City Council Planning Scheme the land is zoned General Residential R1Z. The property is also subject to the following overlay: (DDO) Design and Development Overlay - Schedule 10
LAND DIMENSIONS AND AREA
Winifred Street Frontage
16.15 metres*
Rear Boundary
16.15 metres*
Northern Boundary
60.47 metres*
Southern Boundary
60.50 metres*
Total Building Area:
977 square metres*
*approx.
20
PLANNING PERMIT Permit number: MV/597/2020 Construction of 11 dwellings in a Design and Development Overlay Schedule 10. Detailed copies of the plans and permit available upon request.
Townhouse Bedrooms
Garage Ground Level 1 Level 2 Subtotal sqm* sqm* sqm* sqm* sqm*
1
2
20
11
56
41
128
2
2
28
10
52
41
131
3
2
28
10
52
41
131
4
2
28
10
52
41
131
5
2
28
10
52
41
131
6
2
28
10
52
41
131
7
2
28
10
52
41
131
8
2
28
10
52
41
131
9
2
28
10
52
41
131
10
2
28
10
52
41
131
11
2
20 53 50
Total
24
123
288 154 574 410 1426
SALE METHOD
8
Winifred Street ESSENDON
METHOD OF SALE
TERMS OF SALE
For Sale by Expressions of Interest closing Wednesday September 1st at 2pm
10% deposit with a settlement in 30 – 120 days available
INSPECTIONS
CONTRACT OF SALE & VENDORS STATEMENT
Strictly by private appointment with the exclusive selling agents
Available upon request
Fred Nucara
Liam Rafferty
Heath Thompson
Andrew Fawell
Director 0418 567 560 fred@astoncommercial.com.au
Senior Sales Executive 0421 886 655 liam@astoncommercial.com.au
Director 0408 314 756 heatht@buxton.com.au
Director 0414 508 155 andrewf@buxton.com.au
DISCLAIMER This document has been prepared by Aston Commercial & Buxton Real Estate for advertising and general information only. Aston Commercial & Buxton Real Estate does not guarantee, warrant or represent that the information contained in this document is correct. Any interested party should undertake their own enquiries as to the accuracy of the information. Aston Commercial & Buxton Real Estate excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damage arising therefrom. *Approximate
