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320-322 Racecourse Road Flemington, VIC 3031

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320-322 Racecourse Road,
Flemington, VIC 3031

Development Sites & Land • Shops & Retail

Key property information

Land area

Floor area

Tenure type

Map of 320-322 Racecourse Road

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Prime Investment with Development Potential!!

The opportunities are endless with this busy shopping arcade located in the heart of the Racecourse Road shopping strip. Invest now in the thriving retail precinct and consider future development (STCA)

Featuring:

Building Area: 516sqm*
Total Site Area: 915sqm*

+ Front and rear access
+ Large rear secure car park
+ Close to Newmarket Train Station
+ Four tenancies returning over $150,000 per annum net.
+ Development Potential

For further details or for a comprehensive Information Memorandum contact:

Luke Pitcher - 0417 055 5...

* All areas are approximate only

Flemington, 3031 demographic data

The median household income for Flemington is $1,525, 20% lower than Greater Melbourne's household income of $1,901. Flemington has a younger age profile compared to the rest of Greater Melbourne (median age 34 vs 37). Property ownership data shows 58% of property owners in Flemington have a mortgage.

7,025
Population
$1,525 per week
Median household income
34 years
Median age
Renters
Most residents
Families
Most households
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320-322 Racecourse Road
Flemington, VIC 3031
Crabtrees Real Estate - Melbourne
1/11-15 Smeaton Avenue Dandenong South & 20-22 Atherton Road
OAKLEIGH, VIC 3166

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