Teska Carson is pleased to present 262-272 Racecourse Road, Flemington for Sale by Expressions of Interest closing Wednesday 15 May at 2pm.
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.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Stephen Speck to learn more about this property, request an inspection or take an online tour.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.
