8 Winifred Street, Essendon

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

8

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 • • • •

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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