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262-272 Racecourse Road
Flemington VIC 3031
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262-272 Racecourse Road Flemington VIC 3031

  • Shop & Retail
  • 931 m²
  • For Sale, Contact Agent

MULTI TENANCY FREEHOLD ON 1234SQM OF LAND

  • 8 Tenancies
  • Triple Fronted Landholding of 1234sqm
  • Significant Value-Add Opportunity

Teska Carson is pleased to present 262-272 Racecourse Road, Flemington for Private Sale.

This triple fronted freehold site comprises eight tenancies being five shops plus three offices providing an outstanding opportunity to invest, value add, occupy or develop.

The key attributes of this unique opportunity include:

- Land Area 1,234m2*

- Multi-tenanted building with a combined NLA of 931m2*

- Current Rent of $268,302 per annum (estimated fully leased income $290,000 per annum)

- Diverse tenancy mix with multiple established tenants including Dominos and Subway

- Highly exposed on the corner of Racecourse Road and Wellington Street in the absolute heart of the Flemington retail precinct only 3km from the CBD

262-272 Racecourse Road presents an outstanding opportunity to acquire a highly sought after freehold providing the opportunity to re-position the asset, continue with the current income stream or re-develop (STCA).

Please call for further information or to arrange an inspection.

*approx.

Teska & Carson
Teska & Carson
6 Yorkshire Street
Richmond, VIC 3121

Property Highlights

Floor Area931 m²
Land Area1,234 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019177170
Category
Last updated  24 Sep 2024
Map for 262-272 Racecourse Road Flemington VIC 3031
Teska & Carson
Teska & Carson
6 Yorkshire Street
Richmond, VIC 3121

Property Highlights

Floor Area931 m²
Land Area1,234 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019177170
Category
Last updated  24 Sep 2024

More about 262-272 Racecourse Road Flemington VIC 3031

262-272 Racecourse Road Flemington VIC 3031 is categorized as Shop & Retail Property. It has a floor area of 931 m² and a land area of 1,234 m². The listing ID for this property is 2019177170.

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