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276 Pascoe Vale Road, Essendon

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$2,550,000 - $2,805,000

High-Exposure Opportunity on Pascoe Vale Road: Strategic Potential in the Heart of Essendon

276 Pascoe Vale Road, Essendon VIC 3040 – A Rare Landholding with Outstanding Upside This charming 3-bedroom residence features open living areas flooded with natural light, two car spaces, and a massive backyard perfect for entertaining. Dive into the sparkling swimming pool, revive the existing tennis court for family games, or simply enjoy the vast green space for kids' play, gardening, or barbecues-all while soaking in those stunning city vistas. It's ready for immediate enjoyment or personalization in a suburb with rising median house prices and strong community appeal. Positioned along one of Essendon's most prominent and highly travelled arterial roads, 276 Pascoe Vale Road presents an exceptional opportunity for investors, developers, or owner-occupiers seeking scale, exposure, and long-term growth. This versatile property combines immediate usability with strong future potential in a location underpinned by transport connectivity, established amenities, and lifestyle appeal. Strategic Landholding & Flexible Configuration A substantial site with valuable frontage to Pascoe Vale Road, offering flexibility for a range of future outcomes. The configuration supports efficient design and strong street presence, ideal for maximising exposure and accessibility. Holding Income & Immediate Use Suitable to occupy while planning future improvements or redevelopment, allowing for flexibility and potential holding income. Prominent Pascoe Vale Road Position Enjoys excellent visibility, high daily traffic flow, and seamless connectivity to Melbourne's inner-north, CBD, and major arterial road networks. Investment & Development Potential • Retain and enhance for ongoing use • Redevelopment or mixed-use potential • Capitalise on strong frontage and arterial-road exposure • Strong long-term capital growth prospects in a tightly held Essendon precinct Prime Location & Lifestyle Convenience • Close proximity to Essendon Fields, DFO Essendon, and key commercial hubs • Moments from local cafés, retail strips, and everyday amenities • Excellent access to public transport, including nearby tram routes, train stations, and bus services • Easy connectivity to CityLink, Melbourne Airport, and the CBD • Surrounded by established schools, parklands, and recreational facilities Endless Possibilities A rare chance to secure a high-profile and versatile site in one of Melbourne's most sought-after inner-north suburbs. Whether held, enhanced, or redeveloped, 276 Pascoe Vale Road, Essendon offers immediate utility, strategic positioning, and compelling long-term upside. An outstanding opportunity for those seeking exposure, flexibility, and future-focused value.

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The success of Hockingstuart Bundoora lies in having a strong understanding of the local real estate market, and a focus on always putting people first. We’re excited to be bringing a premium brand to the area along with well-established systems that ensure clients have a smooth and safe transaction across property management, sales and leasing.

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