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203-211 Keilor Road 47,361 SF 100% Leased Retail Building Essendon, VIC 3040 For Sale
Investment Highlights
- Triple-fronted landholding with exposure on Keilor Road, Cooper Street, and Roberts Street.
- Immediate access to tram routes, major arterials, and Melbourne Airport for exceptional connectivity.
- Situated in the bustling Keilor Road Major Activity Centre near national retailers and essential services.
Executive Summary
This exceptional development site offers a rare opportunity within Melbourne’s thriving inner north. Spanning 5,316 square meters with triple street frontage along Keilor Road, Cooper Street, and Roberts Street, the property provides superior visibility and accessibility in one of Essendon’s core commercial hubs. Zoned Commercial 1 and accompanied by a current planning permit, it supports the development of a seven-level mixed-use project comprising 121 apartments above ground-floor commercial spaces and dual basement parking levels.
The property’s strategic position within the Keilor Road Major Activity Centre ensures close proximity to established retailers, dining venues, and essential services including Woolworths, Australia Post, and major banks. Immediate tram access via Route 59 connects the site directly to Melbourne CBD, while the location affords convenient links to key arterials and Melbourne Airport, approximately 10 minutes away. Currently offered with vacant possession, the parcel enables multiple redevelopment options, from high-density residential to integrated mixed-use or healthcare solutions—subject to council approval.
The property’s strategic position within the Keilor Road Major Activity Centre ensures close proximity to established retailers, dining venues, and essential services including Woolworths, Australia Post, and major banks. Immediate tram access via Route 59 connects the site directly to Melbourne CBD, while the location affords convenient links to key arterials and Melbourne Airport, approximately 10 minutes away. Currently offered with vacant possession, the parcel enables multiple redevelopment options, from high-density residential to integrated mixed-use or healthcare solutions—subject to council approval.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
47,361 SF
Building Class
C
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.83
Lot Size
1.31 AC
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203-211 Keilor Road
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