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SOLD

480 Racecourse Road, Flemington, VIC 3031

Properties / Sold / Victoria / Flemington

Development Potential

1. Property Summary

Property Type

Commercial

Land Area

163 m² (*approx)

Zoning

Commercial 1 Zoning

Selling Method

Auction: Contact Agent

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2. Property Highlights

A FRONT RUNNER ASSET - Under Offer

POINT OF INTEREST:

One glance at the location and you’ll understand why this is a rare commercial commodity. Sitting inside one of Melbourne’s most sought-after zonings, this is a standalone warehouse that stands out from bustling Racecourse Road. The asset is made up of 163 sqm* of land and 148 sqm* of existing warehouse space ready to service any occupier needs you may have, conveniently equipped with dual access to the property from the main road or the rear laneway. The potential uses for the site are endless thanks to the Commercial 1 zoning, but so are the exposure opportunities with signage on display to thousands of passing cars daily. If you’re in the market to build in one of Melbourne’s most energetic inner-city areas, there’s plenty of development potential here to establish your business hot out of the gate.

- 163 sqm* land area.

- 148 sqm* building area.

- Commercial 1 zoning.

- Rear ROW

- 57 m* from the 57 tram stop.

- 450 m* from Newmarket railway station.

- 1.1 km* from the Citylink.

- 4.5 km* from Melbourne CBD.

POINT OF VIEW:

A successful wager needs three things; a drive to win, unbridled confidence, and a leap of faith. This is an investment opportunity in a neighbourhood known for wealth creation and an easy bet with all signs pointing to a winning ticket.

*Approx.

Pricing excludes GST

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Development Potential