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287 Racecourse Road Kensington, VIC 3031

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287 Racecourse Road,
Kensington, VIC 3031

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Map of 287 Racecourse Road

Directions
  • Train stations within 5 km of 287 Racecourse Road, Kensington, VIC 3031Distance
    Newmarket Station257 m
    Kensington Station594 m
    Flemington Bridge Station682 m
    Macaulay Station859 m
    South Kensington Train Station1.3 km
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  • Tram stops within 5 km of 287 Racecourse Road, Kensington, VIC 3031Distance
    25-Wellington St/Racecourse Rd (Flemington)46 m
    24Collett StRacecourse Rd Kensington174 m
    24Victoria StRacecourse Rd Flemington180 m
    26-Newmarket Plaza/Racecourse Rd (Kensington)286 m
    23Stubbs StRacecourse Rd Flemington436 m
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  • Bus stops within 5 km of 287 Racecourse Road, Kensington, VIC 3031Distance
    Kensington Railway StationMacaulay Rd645 m
    Albermarle St/Macaulay Rd (Kensington)708 m
    24Mooltan StMt Alexander Rd Flemington728 m
    Epsom RdSmithfield Rd814 m
    Derby StKensington Rd Kensington822 m
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UNMISSABLE INVESTMENT OPPORTUNITY – RARELY AVAILABLE!

This is a prime chance for savvy investors looking for a reliable, long-term investment with stable income and there are no outgoing fees to worry about, the tenant covers everything. Perfectly positioned in a high-traffic area, this property offers excellent returns with minimal hassle.

· Ground floor: Nail & beauty salon ($40,000/year)
· Upper level: 2-bedroom apartment ($19,000/year)
· Total income: Approx. $59,000/year
· Land area: 140m2 approx
· Zoning: Commercial 1
· Rear access: Secure parking

With its strategic location in a vibrant commercial hub and excellent tenant profile, this property offers both stability and growth potential.

Don't miss out - opportunities like this are rare and won't last long!

CONTACT -
Burnham Real Estate
Trung Duong (Licensed Estate Agent)
0468 929 9...
OR
Melbournewest Real Estate
Joe Do (Chau), LEA, OIEC
0402 889 669

Kensington, 3031 demographic data

The median household income for Kensington is $2,216, 17% higher than Greater Melbourne's household income of $1,901. Kensington has a younger age profile compared to the rest of Greater Melbourne (median age 35 vs 37). Property ownership data shows 61% of property owners in Kensington have a mortgage.

10,745
Population
$2,216 per week
Median household income
35 years
Median age
Renters
Most residents
Families
Most households
04689299...
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287 Racecourse Road
Kensington, VIC 3031

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