268 Keilor Road,
Essendon, VIC 3040
Offices • Shops & Retail
Key property information
Land area
Floor area
Car spaces
Tenure type
Sold on
Map of 268 Keilor Road
Sold by Pennisi
Double down on this opportunity... Ground & First Floor offices on Keilor Road.
An outstanding commercial investment offering two separate, securely leased offices in the heart of the Keilor Road business precinct. Available together or individually, these properties provide a rare chance to secure blue-chip income with quality long-term tenants in place.
Set on just over 740 square metres of prime land, the property is an ideal long-term holding with exceptional future redevelopment potential.
The Essentials:
Ground Floor
• Securely leased to Essen, a high-end remedial centre
• Lease terms: Three years from March 2024, with two further terms of 3 years
• Return approximately $40,000 per year plus GST
• Indicative Price $750,000
First Floor
• 250 square metres of quality office space
• Securely leased to established law firm MDM Lawyers
• Lease terms 5 years from March 2026, with one further term of 5 years
• Return approximately $72,000 per year plus GST
• Indicative Price $1, 750,000
• Quality leases with built-in increases, and tenants are responsible for all outgoings
The Extras
• Abundant car parking at the front and rear of the property
• Modern accommodation with natural light and a strong professional presence
The Village
Located in the thriving Keilor Road strip, surrounded by cafés, retail, and office space. Public transport at the door and only minutes from freeways and Melbourne Airport.
The Clincher
A unique opportunity to purchase one or both properties in this high-growth location – rarely do such secure dual-income investments come to market.
For further details, don't hesitate to get in touch with Andrew Pennisi at 93795616.
An outstanding commercial investment offering two separate, securely leased offices in the heart of the Keilor Road business precinct. Available together or individually, these properties provide a rare chance to secure blue-chip income with quality long-term tenants in place.
Set on just over 740 square metres of prime land, the property is an ideal long-term holding with exceptional future redevelopment potential.
The Essentials:
Ground Floor
• Securely leased to Essen, a high-end remedial centre
• Lease terms: Three years from March 2024, with two further terms of 3 years
• Return approximately $40,000 per year plus GST
• Indicative Price $750,000
First Floor
• 250 square metres of quality office space
• Securely leased to established law firm MDM Lawyers
• Lease terms 5 years from March 2026, with one further term of 5 years
• Return approximately $72,000 per year plus GST
• Indicative Price $1, 750,000
• Quality leases with built-in increases, and tenants are responsible for all outgoings
The Extras
• Abundant car parking at the front and rear of the property
• Modern accommodation with natural light and a strong professional presence
The Village
Located in the thriving Keilor Road strip, surrounded by cafés, retail, and office space. Public transport at the door and only minutes from freeways and Melbourne Airport.
The Clincher
A unique opportunity to purchase one or both properties in this high-growth location – rarely do such secure dual-income investments come to market.
For further details, don't hesitate to get in touch with Andrew Pennisi at 93795616.
Essendon, 3040 demographic data
The median household income for Essendon is $2,132, 12% higher than Greater Melbourne's household income of $1,901. Essendon has an older age profile compared to the rest of Greater Melbourne (median age 39 vs 37). Property ownership data shows 47% of property owners in Essendon have a mortgage.
21,240
Population
$2,132 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
03 9379 56...
268 Keilor Road
Essendon, VIC 3040
Pennisi Real Estate - Essendon255c Keilor Road
ESSENDON, VIC 3040
ESSENDON, VIC 3040
More properties from Pennisi Real Estate - Essendon
Other properties you might be interested in based on the location and property type you are looking at.
