62 McPherson Street,
Essendon, VIC 3040

Development Sites & Land

Key property information

Land area

Car spaces

Property extent

Sold on

Map of 62 McPherson Street

Directions

A Block of 5 Apartments To Be Sold As One!

Return Potential Approx c$130,000p.a.
To Be Sold As One

A sensational real estate opportunity is on offer with the options to buy, retain and enjoy the potential c.$130,000 per year approx return with the separate titles allowing for a mix of purchasing possibilities for superannuation or clever live in and family ideas for exceptional future planning.
- To be sold as one with each apartment on separate titles
- Amazingly spacious house sized, each 2 bedrooms
- 2 ground floor apartments, 3 first floor apartments each with car parking
- Large allotment 725sm approx. with rear right of way
- 18M approx. frontage with 2 crossovers for future development opportunities STCA
- Outstanding location close to all amenities

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 9534 02...