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Business opportunity for sale in Essendon

Business opportunity (For sale)

10,021 sqft
lot 13,283 sqft
Reference: EDEN-T96676285 / 96676285
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.
View more View less 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.
Reference: EDEN-T96676285
Country: AU
City: Flemington
Postal code: 3031
Category: Commercial
Listing type: For sale
Property type: Business opportunity
Property size: 10,021 sqft
Lot size: 13,283 sqft
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