458-470 Macaulay Road, Kensington

Kensington Corner: A triple frontage freehold
  • Land Area:
    438 m2
  • Floor Area:
    438 m2
  • Whole or Part of Building:
    Whole Building
  • Tenancy:
    Tenanted Investment
  • Income:
    $144,000.00 + GST

+ Offering comprises of three (3) prime adjoining city fringe buildings located directly across the road from the Kensington Railway Station

+ Currently leased at $144,000* on short term lease

+ A sprawling spacious interior that is perfect for owner occupiers with retail, hospitality, office and workshop requirements

+ Corner landholding of 438sqm* with over 53 metres* of street frontages located within close proximity to the Bellaire Shopping Village home to cafés restaurants and retail amenity

+ Triple frontage site under flexible mixed-use zone allowing for the ultimate building repositioning or redevelopment flexibility (STPA)

+ Packed with cafes and on an elevated position overlooking the Melbourne CBD, Kensington has a thriving café and village culture

+ Brand new shopping centre including a full line Woolworths supermarket + 16 specialty shops only 500m* away

+ Only 2.5km* from the Melbourne CBD with direct access via Kensington Train Station (opposite) and Macaulay Train Station (250m*) plus future Arden Metro Station (1km*) which will promote growth to the area

+ World-class education providers nearby including internationally renowned Melbourne University (2.5km*), Victoria University (3km*) plus nearby primary schools; Kensington Primary (1km*) and Holy Rosary Primary (300m*)

+ Surrounded by parks, recreation & lifestyle amenity including Royal Park & Melbourne Zoo (1.5km*) and Flemington Racecourse (1.5km*)

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