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262-272 Racecourse Road, VIC, 3031

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262-272 Racecourse Road, VIC, 3031

262-272 Racecourse Road, VIC, 3031

Properties / Buy / Victoria / Flemington
Tenanted Investment

1. Property Summary

Selling Method
EOI
Selling Details
Contact Agent
Land Area
1,234 m² (*approx)
Floor Area
931 m² (*approx)
Property Type
Retail, Offices, Land
Est. Income
$266,362 p/a
Fully Leased
Dominos and Subway
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2. Property Highlights

MULTI TENANCY FREEHOLD ON 1234SQM OF LAND

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.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

1. Property Summary

Property Type
Retail, Offices, Land
Est. Income
$266,362 p/a
Tenant
Dominos and Subway
Land Area
1,234 m² (*approx)
Floor Area
931 m² (*approx)
Selling Method
EOI
EOI Closing Date
15 May 2024 02:00PM
Selling Details
Contact Agent

2. Property Highlights

MULTI TENANCY FREEHOLD ON 1234SQM OF LAND

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.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

3. Property Location

262-272 Racecourse Road, VIC, 3031

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