SHOWROOM/WAREHOUSE INVESTMENT
395 Flemington Road, North Melbourne VIC 3051
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OfficeSize: n/a
Block size: 321 m² approx.
***SOLD***
Gross Waddell ICR is delighted to introduce a prime showroom warehouse investment for sale. Strategically positioned near the intersection of Flemington Road and Racecourse Road, this property offers unparalleled visibility to passing traffic.
Its prime location ensures easy access to City Link (400m*), direct tram routes to Melbourne's CBD via Flemington Road, 300m to Flemington Bridge train station and a picturesque outlook onto Royal Park, situated just across Flemington Road.
Key Highlights:
- Building area: 447 sqm*
- Rental Income: $65,000* p.a. Net + GST + Outgoings
- Term: three (3) years - comm 21/10/2022
- Options: Three (3) years + Three (3) years
- 4% annual increases & market review at option
- Flemington Bridge train station 300m*
- Five (5) Car Parks individually titled
- Main road exposure
- Quick access to City Link/ M2
- Public transport: Trams on Flemington Rd and Racecourse Rd, Macaulay Train Station 1km* & New Market Train Station 1.3 km*
- Melbourne CBD 4km*
- Melbourne Zoo 1.9 km*
- Tullamarine International Airport 18 kms*
*approx.
Please contact the exclusive sales agents to book a private inspection.
Gross Waddell ICR is delighted to introduce a prime showroom warehouse investment for sale. Strategically positioned near the intersection of Flemington Road and Racecourse Road, this property offers unparalleled visibility to passing traffic.
Its prime location ensures easy access to City Link (400m*), direct tram routes to Melbourne's CBD via Flemington Road, 300m to Flemington Bridge train station and a picturesque outlook onto Royal Park, situated just across Flemington Road.
Key Highlights:
- Building area: 447 sqm*
- Rental Income: $65,000* p.a. Net + GST + Outgoings
- Term: three (3) years - comm 21/10/2022
- Options: Three (3) years + Three (3) years
- 4% annual increases & market review at option
- Flemington Bridge train station 300m*
- Five (5) Car Parks individually titled
- Main road exposure
- Quick access to City Link/ M2
- Public transport: Trams on Flemington Rd and Racecourse Rd, Macaulay Train Station 1km* & New Market Train Station 1.3 km*
- Melbourne CBD 4km*
- Melbourne Zoo 1.9 km*
- Tullamarine International Airport 18 kms*
*approx.
Please contact the exclusive sales agents to book a private inspection.
Inspections
No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.
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Contact Julian Materia to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Office
Block Size:
321 m²*
Other Details
Lot:
4
Plan:
SP26040
Legal description:
4\SP26040
Maps and area information
Block information
Block size: 321m² (approx)
Legal description: 4\SP26040
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
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SummaryMedian sales
Average Age
32 years
Population
14,953
Listing ID: 182425019. This listing has been viewed 1 time. It was first displayed on 05/04/2024 and last updated on 17/05/2024.
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.