265-271 Racecourse RoadKensington VIC 3031
Property Details for 265-271 Racecourse Rd, Kensington
Last Listing description (April 2023)
Knight Frank are proud to present for sale the iconic and award winning Quiet Man Irish Hotel.
The highlights of this outstanding opportunity include;
+ Significant 836 sqm corner site with commercial 1 zoning
+ Improved with a Classic 935 sqm building over 2 levels
+ Improvements Include public bar, dining room / bistro, commercial kitchen, courtyard/beer garden, 1am drive thru bottle shop
+ Leased with refurbishment clause allowing vacant possession in 6 months
+ Previously existing planning permit for 7 level development comprising 41 apartments & ground floor retail
+ Enormous potential for multi-level residential/retail and or office development STCA
+ 60m Combined Frontage & Laneway Access
+ Located in the heart of popular Flemington retail precinct with direct access to Tullamarine Fwy, public transport and Melbourne's premier hospital and university precinct
+ A first-class location on Melbourne's CBD fringe, metres from Newmarket Train Station, Woolworths Newmarket Plaza & Foodworks Supermarket
Property History for 265-271 Racecourse Rd, Kensington, VIC 3031
- 11 Sep 2024Sold for $4,500,000
- 06 Oct 2022Listed for Sale Contact Agent
- 02 Sep 2021Listed for Sale SOLD - $6,025,000
Recent sales nearby
See more recent sales nearby/assets/perm/qfaieuqd7ei6vkdcjhz3z4lgp4?signature=33a25b8a46a3df618e41e8a8014e8e8ce3e547636fd31900a6c3d4de6baaef9e){kind=logo}
0
/assets/perm/h5dowvj434i65a677otqgxww5y?signature=45776e7e38c58597113906c25393d46e670b8539fe7330bea2fdb9599b44e70d){kind=logo}
0/assets/perm/hsrb7mn6ryi6nnrlv7i5bnhgfu?signature=2dc11138285d5b19fa7ea69b8dc0e71b6a82ff8a768dd81c9612a415d0882b21){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Kensington 3031
The size of Kensington is approximately 2.1 square kilometres. There are 19 parks, covering nearly 13.6% of the total area. The population of Kensington in 2016 was 10812 people. By 2021 the population was 10745 showing a population decline of 0.6% in the area during that time. The predominant age group in Kensington is 30-39 years. Households in Kensington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kensington work in a professional occupation.In 2021, 48.70% of the homes in Kensington were owner-occupied compared with 45.30% in 2016.
Kensington has 7,737 properties. Over the last 5 years, Houses in Kensington have seen a -13.78% decrease in median value, while Units have seen a -6.10% decrease. As at 31 July 2026:
- The median value for Houses in Kensington is $1,099,858 while the median value for Units is $556,240.
- Houses have a median rent of $740 while Units have a median rent of $600.
Suburb Insights for Kensington 3031
Market Insights
Kensington Trends for Houses
N/A
N/A
View TrendN/A
N/A
Kensington Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
