Situated in one of Essendon's premier pockets, this block-of-six apartment building presents an outstanding long-term investment opportunity offering healthy returns and impressive value-adding potential.
Set on a substantial allotment (approx 735sqm) and all on one title, the five of the six units generate a rewarding return of approximately $100,800 per annum. (unit 3 is vacant).
The apartments themselves are all well-presented and immediately comfortable comprising two bedrooms with built-in robes both serviced by a central bathroom and separate WC.
Each home also includes a sizeable living room, neat kitchen/meals area and internal laundry facilities, plus a balcony (from the living room), vew roof and gutters upgraded in 2025, secure entry foyer and undercover parking space.
Walking distance to local shops, Buckley Street buses and the open spaces of Clarinda Park, it's also close to Rose Street cafes and Essendon Station, as well as easy access to the area's esteemed private schools and Moonee Ponds' renowned retail precinct.
Features
12 bedrooms
6 bathrooms
directions_car6 carspaces
cottageApartment
Happy sellers in Essendon
86%
sentiment_very_satisfied
86% of sellers in Essendon reported that their sale price either exceeded or met their price expectations.
Essendon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 61 reviews in Essendon over the last 12 months.
Local market activity for 12 bedroom apartments in Essendon
Sold
For Sale
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