265-271 Racecourse Road Kensington VIC 3031

+ Landmark 842sqm * corner site with sizeable combined frontage of 60m * to Racecourse Road & Rankins Road

+ High quality existing improvements offering flexibility to occupy or generate strong holding income

+ A million-dollar suburb with a strong median house price of $1,140,000**

+ Planning permit for 41 apartments (mostly 2 bedrooms) with ground floor retail architecturally designed by award winning architects PLUS Architecture

+ Substantial building area of 935 sqm* with multiple vehicle access/egress points (including existing drive-through bottle shop)

+ A first-class location on Melbourne's CBD fringe, metres from Newmarket Train Station, Woolworths Newmarket Plaza & Foodworks Supermarket.

+ Located in the popular Racecourse Road retail precinct providing retail, café & lifestyle amenities

+ Direct access to Tullamarine Freeway, public transport and Melbourne's premier hospital and university precinct, and only 3km* to Melbourne's CBD

FOR SALE VIA PUBLIC ON-SITE AUCTION ON
THURSDAY 30TH NOVEMBER AT 12:30PM

Open for inspections:
Thursday 9th November 2017 at 2.00pm
Wednesday 15th November 2017 at 2.00pm
Thursday 23rd November 2017 at 2.00pm

FOR MORE INFORMATION PLEASE CONTACT THE EXCLUSIVE SALES & MARKETING AGENTS:

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

Jing Jun Heng
+61 411 059 116
jj.heng@cbre.com.au

David Minty
+61 422 564 199
david.minty@cbre.com.au

*approx
**REIV