309 Racecourse Road, Kensington, VIC 3031

Retail | Development/Land | Development/Land

Sold $1,100,000 - $1,300,000

  • Property ID: 367459
  • Floor Area: 150m²
  • Land Area: 170m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 150m2 170m2 N/A
Excellent High Exposure Investment Opportunity

Prime central position within the tightly held Racecourse Road Shopping Centre.

Charming Victorian two Storey Shop & Dwelling

* Land Area 170 m2 approx
* Building Area 112 m2 approx
* Zone : Commercial 1
* Rear Access
* Rear Land / Suit Development (STCA)
* Income $38,191 PA Net
* Lease Expires 01/04/2023

Kensington Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $227 ---
Industrial $3878 $144 3.72%
Retail $3634 $254 6.99%
This is the average advertised price, rent and yield for Kensington, VIC 3031*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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