311 Keilor Road 538 SF 100% Leased Retail Building Essendon, VIC 3040 For Sale

This offering presents an exceptional opportunity to acquire a retail and dwelling investment positioned on a prominent corner in a well-established Essendon retail precinct. Featuring direct frontage to Keilor Road and Bradshaw Street, the property combines strong holding income with significant long-term development potential (STCA).
The site spans approximately 227 m² and includes a ground-floor retail space of about 50 m² complemented by a residential component comprising four bedrooms, one bathroom, and secure two-car accommodation. Its placement within a vibrant local shopping strip ensures consistent pedestrian flow, strong local patronage, and accessibility to key arterials.
Future investors will benefit from flexible zoning that allows for potential mixed-use redevelopment while leveraging existing rental income during the planning phase. Surrounded by notable amenities, cafes, specialty retail, and essential services, this location is well-connected to public transport networks and major roads, enhancing both foot traffic and vehicle accessibility.
Situated in the Moonee Valley municipality, the property enjoys close proximity to Melbourne Airport, CityLink access, and central business districts within 10 km radius, making it a valuable holding for investors seeking capital growth and income stability.