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262-272 Racecourse Road Flemington, VIC 3031

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262-272 Racecourse Road,
Flemington, VIC 3031

Shops & Retail • Offices • Development Sites & Land

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Key property information

Land area

Floor area

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Map of 262-272 Racecourse Road

Directions
  • Train stations within 5 km of 262-272 Racecourse Road, Flemington, VIC 3031Distance
    Newmarket Station264 m
    Kensington Station641 m
    Flemington Bridge Station648 m
    Macaulay Station816 m
    South Kensington Station1.4 km
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  • Tram stops within 5 km of 262-272 Racecourse Road, Flemington, VIC 3031Distance
    25-Wellington St/Racecourse Rd (Flemington)57 m
    24-Victoria St/Racecourse Rd (Flemington)144 m
    24-Collett St/Racecourse Rd (Kensington)152 m
    26-Newmarket Plaza/Racecourse Rd (Kensington)307 m
    23-Stubbs St/Racecourse Rd (Flemington)415 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 262-272 Racecourse Road, Flemington, VIC 3031Distance
    Gatehouse Dr/Smithfield Rd (Kensington)63 m
    24-Mooltan St/Mt Alexander Rd (Flemington)676 m
    Kensington Railway StationMacaulay Rd693 m
    Albermarle St/Macaulay Rd (Kensington)740 m
    Epsom RdSmithfield Rd852 m
    POWERED BY HERE ©
POWERED BY HERE ©

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.

Property ID: 504565276Last Updated: 24 Sep 2024

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262-272 Racecourse Road
Flemington, VIC 3031

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