33-39 Racecourse Road,
North Melbourne, VIC 3051

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Map of 33-39 Racecourse Road

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Off & Racing - Ready To Go City Fringe Site

* Development opportunity on 1,432sqm* site with existing improvements
* Permit & stamped plans for 9 level building consisting; 82 one & two bedroom residential apartments, plus 600sqm* retail & office
* Mid 2014 settlement, with following short term income
* Current NRAS application submitted for 40 units
* Property boasts excellent proximity to Royal Park, Queen Victoria Market, Errol Street retail village, Melbourne University & hospital precincts
* Immediate link to CBD and beyond via tram, Flemington Bridge train station & direct access to CityLink Freeway

Marketed exclusively by CBRE City Fringe & Metropolitan Investments Team - (03) 8541 3333.

North Melbourne, 3051 demographic data

The median household income for North Melbourne is $1,717, 10% lower than Greater Melbourne's household income of $1,901. North Melbourne has a younger age profile compared to the rest of Greater Melbourne (median age 31 vs 37). Property ownership data shows 57% of property owners in North Melbourne have a mortgage.

14,953

Population

$1,717 per week

Median household income

31 years

Median age

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