1/80 Raleigh Street,
Essendon, VIC 3040

Multi-Income Rarity in Essendon’s Heart

• A marquee commercial prospect with two separate, income-generating shopfronts
• Projected rent of $108,000 per annum
• One shopfront leased long-term, flexibility to lease out the other or use as a business base
In a vibrant and high-exposure, heart-of-Essendon location, this exceptional pairing of two turn-key shopfronts offers rare flexibility with its scope to keep one space leased, occupy the other for any number of business pursuits, or rent out both as a long-term investment or addition to a self-managed super fund. A large courtyard, powder rooms, storerooms, kitchenettes, conference and consultation areas, and parking for 8 feature across both shops, with the option present to combine and use as a treatment centre or medical practice, hospitality space/s, sizeable showroom, or office/s.
Noteworthy points include:
- Two large shopfronts in Essendon’s vibrant heart
- Shop 2 currently leased for $53,534.16 p.a. annual 4% increases and an option for 3 more years
- Projected rent for Shop 1: $54,000 p.a
- 8 car parks across both shops
- Suited to shops, a medical practice, showroom, or office
- 276.36sqm combined floor space (approx.)
- 29.29sqm courtyard (approx.)

Location:
- Approx. 8km from CBD
- Opposite Windy Hill oval and Fitness Centre
- Metres to Napier, Fletcher, and Rose Street shops, restaurants, and cafés
- Steps to the 59 tram and Essendon Station
- Moments to CityLink