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320-322 Racecourse Road Flemington, VIC 3031

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320-322 Racecourse Road,
Flemington, VIC 3031

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Premium Commercial Value Add Opportunity in Melbourne's Most Sought After Locale

  • Strong land holding income
  • Land holding of 916 sqm*
  • Onsite Car Parking with rear access
CBRE presents for your consideration one of Melbourne city fringes best development / investment / value add / development propositions

Suiting:
+ Passive investors
+ Value add investors
+ Owner occupiers
+ Developers

+ High quality existing improvements offering flexibility to occupy or generate strong holding income

+ Strong income potential from four (4) separate tenancies

+ Offered with Vacant Possession - suitable for office, retail, medical or educational facilities (STCA)

+ Substantial building area of 516 sqm* plus onsite car parking with rear lane access

+ Irreplaceable land holding of 916 sqm*, with dominant exposure to Racecourse Road plus two rear frontages providing ultimate flexibility

+ Favourably zoned Commercial 1 allowing on outstanding mixed use development

+ An unbelievable location on Melbourne's CBD fringe, metres from Newmarket Train Station and a full-line Woolworths supermarket

+ Located in the heart of popular Flemington retail precinct with direct access to Tullamarine Freeway, public transport and Melbourne's premier hospital and university precinct.

+ Within the heart of the bustling Racecourse Road retail precinct complemented by an abundance of retail, cafe and lifestyle amenities

For sale via Public Expression of Interest closing Thursday 2nd March 2017 at 4pm

For more information please contact the CBRE Victorian Development Sites team:

David Minty
+61 422 564 1...

Guy Naselli
+61 413 750 744

Sandro Peluso
+61 418 389 757

*approx

Property ID: 502224398Last Updated: 21 Sep 2017

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04225641...
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320-322 Racecourse Road
Flemington, VIC 3031

Detailed listing

CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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