328 Racecourse Road,
Flemington, VIC 3031
Shops & Retail
Key property information
Land area
Floor area
Zoning
Tenure type
Sold on
Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
328 Racecourse Road
Flemington, VIC 3031
Map of 328 Racecourse Road
UNLEASH THE POTENTIAL – PRIME RETAIL OPPORTUNITY IN THE HEART OF FLEMINGTON
- First time offered in 39 years
- Excellent ‘Value Add’ Potential
- Two Street Frontages
***SOLD***
Gross Waddell ICR is pleased to offer 328 Racecourse Road, Flemington for sale.
This is a rare opportunity to secure a high-exposure, double-storey commercial building in one of Melbourne’s most dynamic city-fringe locations. Offered with vacant possession, this property is ready for visionary investors, business owners, or developers to unlock its full potential.
This property presents the perfect blank canvas for those looking to add significant value through renovation or repositioning. Whether you're looking to establish your own business, create an income-generating investment, or explore redevelopment options, this is a rare chance to secure a strategic foothold in a tightly held retail strip.
Key Features:
• Prime freehold opportunity in the heart of Flemington
• Land area: 153sqm* of Commercial 1 Zoning
• Double-storey building of 198sqm* with flexible layout allowing for first floor residential conversion
• Rear right of way (ROW) access with off street car parking
• Surrounded by established retailers, cafes and strong residential catchment
• Close to public transport and major roads
• Vacant possession – ready for your vision
With strong local foot traffic and excellent transport links, 328 Racecourse Road is positioned for long-term growth. Opportunities like this don't come along often. Make your mark in a vibrant and evolving precinct.
For more information or to organise an inspection, please contact Gross Waddell ICR directly.
*Approx.
Gross Waddell ICR is pleased to offer 328 Racecourse Road, Flemington for sale.
This is a rare opportunity to secure a high-exposure, double-storey commercial building in one of Melbourne’s most dynamic city-fringe locations. Offered with vacant possession, this property is ready for visionary investors, business owners, or developers to unlock its full potential.
This property presents the perfect blank canvas for those looking to add significant value through renovation or repositioning. Whether you're looking to establish your own business, create an income-generating investment, or explore redevelopment options, this is a rare chance to secure a strategic foothold in a tightly held retail strip.
Key Features:
• Prime freehold opportunity in the heart of Flemington
• Land area: 153sqm* of Commercial 1 Zoning
• Double-storey building of 198sqm* with flexible layout allowing for first floor residential conversion
• Rear right of way (ROW) access with off street car parking
• Surrounded by established retailers, cafes and strong residential catchment
• Close to public transport and major roads
• Vacant possession – ready for your vision
With strong local foot traffic and excellent transport links, 328 Racecourse Road is positioned for long-term growth. Opportunities like this don't come along often. Make your mark in a vibrant and evolving precinct.
For more information or to organise an inspection, please contact Gross Waddell ICR directly.
*Approx.
Flemington, 3031 demographic data
7,025
Population
$1,525 per week
Median household income
34 years
Median age
Renters
Most residents
Families
Most households
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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