414/1044-1046 Mt Alexander Road, Essendon VIC 3040

Spacious top-floor two-bedroom in secure Essendon complex | large balcony and lift access | city-bound tram and station within walking distance | sale by set date 26 May unless prior sale The property occupies a strong position in the Essendon apartment market: a top-floor, two-bedroom, two-bathroom layout with a large entertaining balcony and secure parking is relatively rare in this price band. The open-plan living and gourmet kitchen with premium appliances suit a professional couple or downsizer who values low-maintenance living without sacrificing space. Proximity to trams, Essendon Station, and North Essendon Village cafes and supermarkets gives it a genuine walkable lifestyle advantage. For a buyer seeking a well-finished unit in a secure, lift-accessed complex, the configuration and location together offer a competitive edge over lower-floor or smaller alternatives in the same corridor. The main risk is the price gap between the $500,000–$550,000 guide and an estimated comparable value of $435,000 for similar apartments in the same building. This suggests the vendor may be testing the market above recent evidence, so a buyer should verify recent sales and be prepared to negotiate hard or walk away. The building is a modern complex with no disclosed strata details or floor plans, so an independent building and strata inspection is essential before any offer. The sale-by-set-date campaign with a late May deadline creates a defined window but also pressure to act quickly; a buyer who can hold out for a post-auction or expired-campaign renegotiation may secure a better entry. For an owner-occupier, this unit works as a long-term home with good resale fundamentals; for an investor, the yield will depend entirely on purchase price and should be stress-tested against the lower comparable evidence.