Boundy’s North Essendon for sale

The Essendon site is about nine kilometres from Melbourne.

An ‘end-of-an-era’ listing at North Essendon Village could return the owners of popular independent supermarket chain Boundy’s an eight-figure sum.

The 4010 square metre site, 25-29 Keilor Road, Essendon, is expected to pique developer interest being net door to a BPM complex up to six storeys.

Another builder, CBD Developments, was approved for a 10-level apartment building, at nearby 1144-1154 Mount Alexander Rd.

The property could also find favour with an occupier like another supermarket.

Gross Waddell agents Andrew Greenway and Alex Ham are marketing 25-29 Keilor Road.

North Essendon is about nine kilometres north of Melbourne (story continues below).

Keilor Road

Keilor Road is a major commercial thoroughfare spanning four suburbs and containing two retail strips about 1.5 kilometres apart.

City of Moonee Valley recognises the street as an Activity Centre.

About 15 years ago – after a car dealership wing was created at nearby Essendon Fields – a swag of empty car yards in the street sold, predominantly to high density apartment builders which have since created mid-rise projects.

Restaurant 400 Gradi moved into the ground floor space of a building which replaced a Duhig Ford, at #100.

Several apartment developers moved into Keilor Road 15 years ago after a swag of car dealerships relocated to nearby Essendon Fields (top, in this image).
The Boundy’s asset includes a large warehouse.
The supermarket closed on January 12, ending a 97 year era on Keilor Road.
The tree-lined North Essendon Village on Mount Alexander Road, about nine kilometres north of the Melbourne CBD.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.