SoldJul 21, 2025

5/4 McPhail St, Essendon, VIC, 3040

$309,000

1
1
1

Apartment

18 days on the market

Sold: Jul 21, 2025

What's around 5/4 McPhail St

Sold by Pennisi

Perfectly positioned in one of Essendon's most sought-after pockets. This first-level, one-bedroom apartment offers modern comfort, abundant natural light, and unbeatable convenience. Ideal for savvy investors or first-home buyers seeking a low-maintenance lifestyle. The Essentials: Generously sized bedroom with built-in robe Contemporary kitchen with stainless steel appliances & dishwasher Sleek, modern bathroom with walk-in shower Dedicated off-street car space Currently leased to reliable tenants until January 2026, who have expressed they would like to extend the lease for a further 12 months. The Extras: Light-filled interior with a functional, open-plan layout Quiet and well-maintained building Reverse cycle heating and cooling Block-out and privacy blinds Ample storage space throughout New 50L Rheem hot water system (installed September 2024) The Numbers: Water $180 per quarter Body Corporate - $485 per quarter Council Rates - $304 per quarter Estimated Rent - $330 to $350 per week The Village: Ideally located for easy living, you're just a 5-minute walk to Essendon Station, providing direct access to the Melbourne CBD and airport in under 20 minutes. Rose Street Village and nearby Napier Street Village offer a vibrant café culture, boutique shops and all your daily essentials. Conveniently located near Windy Hill, Aberfeldie Park, and the Maribyrnong River. Zoned for the well-regarded Essendon Keilor College and Buckley Park College, with private schools including Lowther Hall Anglican Grammar, Penleigh & Essendon Grammar (PEGS), and St Columba's College all within walking distance. CityLink access is a quick 5-minute drive and only 9km from the Melbourne CBD. The Clincher: For investors, it is well-presented, with a reliable tenant and the opportunity to extend the lease, as well as low owner corporation fees. For Owner occupied, an entry level property, move-in ready property in walking distance to shops and Essendon train station, CBD, and airport in under 20 minutes. For more details, please don't hesitate to contact the team at Pennisi.

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