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5 Woodland St, Essendon$1.10m
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For Salehouse

5 Woodland St

Essendon, VIC 3040, Australia
$1.05m – $1.15m
1 bed 1 bath 2 car

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About this property

Rani Realty proudly presents an exceptional commercial opportunity in the heart of Essendon 5 Woodland Street, perfectly positioned adjacent to the train station and within a high-exposure, high-foot-traffic precinct. This prime property offers a rare combination of immediate income and outstanding future development potential (STCA). Currently operating as a highly successful and well-established fish and chip shop, the business generates strong and consistent returns, making it an attractive investment for both owner-operators and investors alike. Set on a strategic parcel of land, the property provides exciting scope for further development, including the potential to build upwards and extend at the rear (Subject to Council Approval). With ongoing growth and demand in the Essendon area, this site presents a compelling opportunity to capitalise on future high-rise or mixed-use development potential. Key Features: Prime location next to Essendon train station with excellent visibility and accessibility Thriving, high-performing fish and chip shop with strong revenue Significant development potential (STCA) including vertical and rear expansion Positioned in a rapidly growing and high-demand commercial precinct Ideal for investors, developers, and business operators This is a rare chance to secure a premium commercial asset with both immediate income and long-term upside in one of Essendon's most sought-after locations. For further information or to arrange an inspection, contact Rani Realty today.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
2
Listed
3 weeks ago

Repayment calculator

$5,330/month
$2,665 /fortnight
Loan $879,600 at 6.10% over 30 years

Upfront costs

Deposit$219,900
Stamp duty$60,473
Conveyancing (est.)$2,000
Total upfront$282,373
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Essendon

This 1-bedroom house in Essendon, VIC 3040 sits within reach of public transport, local shops and nearby schools. It is listed 8% below the $1.20m median of 58 comparable houseswithin 5 km.

Schools near Essendon

  • Lowther Hall Anglican Grammar Schoolcombined · Prep-12 · Girls
  • Penleigh & Essendon Grammar School - Essendon Campuscombined
  • Aberfeldie Primary Schoolprimary · Prep-6 · CoEd
  • Essendon Primary Schoolprimary · Prep-6 · CoEd
  • Buckley Park Collegesecondary · 7-12 · CoEd
  • Islamic College of Sport - North Campussecondary

What's nearby

  • Glenbervie 1 (train)741 m away
  • Supercheap Auto229 m away
  • Five Mile Creek Reserve533 m away
  • Unnamed535 m away
  • Napier Park722 m away

Essendon at a glance

Full suburb profile
Population
21,240
Median age
39
Household income
$2,132/wk
Median rent
$380/wk
Median mortgage
$2,275/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Essendon price trend

Median sold · House 4 bed

Compound growth +1.3% / yr over 4 yrs

$1.99mcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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