23/70 Racecourse RoadNorth Melbourne VIC 3051
Property Details for 23/70 Racecourse Rd, North Melbourne
Last Listing description (December 2023)
Invest or Occupy (Buy 1 or Buy Both)
Nelson Alexnader Commercial are delighted to offer For Private Sale these modern office suites ideally located in close proximity to major arterials and public transport. Whether you are looking to occupy or invest this is a great opportunity not to be missed!
Key Property Features:
- Building Area 55m2* (Each Suite)
- Suite 22 monthly tenancy returning $12,730 pa plus outgoings*
- Suite 23 monthly tenancy returning $10,816 pa plus outgoings*
- Both Suites Tenanted with Overholding Lease
- Heating & Cooling
- Male & Female Toilet
- Kitchenette
- Abundance of Natural Light
- Invest or Occupy
- Entry Level Opportunity
For all property enquiries or to arrange an inspection, please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.
*approx.
Property History for 23/70 Racecourse Rd, North Melbourne, VIC 3051
- 17 Aug 2023Listed for Sale Contact Agent
- 19 Jun 2017Listed for Rent $13,000.00
- 19 May 2017Listed for Sale $450,000
Recent sales nearby
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About North Melbourne 3051
The size of North Melbourne is approximately 2.4 square kilometres. It has 12 parks covering nearly 4.7% of total area. The population of North Melbourne in 2016 was 14940 people. By 2021 the population was 14953 showing a population growth of 0.1% in the area during that time. The predominant age group in North Melbourne is 20-29 years. Households in North Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Melbourne work in a professional occupation.In 2021, 33.00% of the homes in North Melbourne were owner-occupied compared with 28.50% in 2016.
North Melbourne has 12,799 properties. Over the last 5 years, Houses in North Melbourne have seen a -8.72% decrease in median value, while Units have seen a -4.55% decrease. As at 30 April 2026:
- The median value for Houses in North Melbourne is $1,304,139 while the median value for Units is $515,667.
- Houses have a median rent of $750 while Units have a median rent of $600.
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