324 Racecourse Road, Flemington, Vic 3031
Sold: $950,000 (10-09-2010)- hotel 2
- hot_tub 1
- directions_car 2
Zoned Business 1 with a potential return of $50,000 - $60,000pa is this classical Victorian building offers un-paralleled development potential in the heart of Racecourse Road's retail strip!
Currently configured as a generous downstairs shop below a huge upstairs apartment with its own entrance, this landmark Victorian building offers unique scope for commercial, professional or residential conversion - or a combination of all three.
The shopfront suggests a range or retail or office options, or perhaps the creation of a quality cafe or restaurant.
Above, high ceilings and northerly rear aspects enhance scope for use as residential apartments or for use as business premises. The possibilities are limitless!
Vacant possession can be offered, potential rental return $50,000 - $60,000pa. Tandem garage via convenient rear ROW. One of the strip's most significant opportunities in years...