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70 Racecourse Rd 161 SF Office Condo Unit Offered at $72,370 in North Melbourne, VIC 3051
Investment Highlights
- Train and tram services at the door
- Security entrance and lift access
- Close to Royal Park, Melbourne's world-class medical and education institutions
- Communal kitchen and amenities
Executive Summary
The office condo is superbly located within a well-established and highly accessible business precinct, offering a practical and professional workspace suitable for a wide range of occupiers. The suite benefits from secure entry, lift access, air conditioning and heating, and access to shared kitchen and amenity facilities, providing a comfortable and efficient working environment. Excellent connectivity to public transport and major arterial roads enhances convenience for staff and clients, making the condo an ideal low-maintenance option within a collaborative, multi-tenant office building. The property as a whole comprises a fully commercial office building that is entirely dedicated to office use and occupied by multiple companies. The asset offers broad tenant appeal due to its strategic location, strong transport connectivity, and proximity to Melbourne’s key employment, medical, and education precincts. This all-office configuration supports ongoing demand from a diverse range of businesses and presents a solid long-term commercial holding underpinned by functionality, accessibility, and established office fundamentals.
1 Unit Available
Unit 40
| Unit Size | 161 SF | Condo Use | Office |
| Price | $72,370 | Sale Type | Investment |
| Price Per SF | $449.50 | APN/Parcel ID | 40\PS604364 |
| Unit Size | 161 SF |
| Price | $72,370 |
| Price Per SF | $449.50 |
| Condo Use | Office |
| Sale Type | Investment |
| APN/Parcel ID | 40\PS604364 |
Description
Superbly positioned within a well-established business precinct, this office condo offers a functional and professional workspace suited to a broad range of occupiers. The suite benefits from secure access, lift connectivity, and a comfortable internal environment supported by air conditioning and heating. Communal kitchen facilities and shared amenities enhance day-to-day convenience, while excellent public transport connectivity and proximity to major road networks make the location highly accessible for staff and clients alike. The condo is ideal for businesses seeking a well-located, low-maintenance office within a collaborative commercial environment.
Sale Notes
This fully commercial office building presents a compelling investment opportunity within a highly accessible inner-city location. The asset is entirely dedicated to office use and is occupied by multiple businesses, providing diversified tenancy appeal and ongoing relevance as a professional workplace. With strong connectivity to key transport links, major arterials, and Melbourne’s core employment and medical precincts, the building is well positioned to attract continued office demand. The offering suits investors seeking a stable commercial asset underpinned by location, functionality, and long-term office fundamentals.
Interior Photo
Interior Photo
Interior Photo
Interior photo
Property Facts
| Total Building Size | 27,534 SF | Floors | 4 |
| Property Type | Office (Condo) | Typical Floor Size | 6,878 SF |
| Building Class | C | Lot Size | 0.16 AC |
| Total Building Size | 27,534 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 6,878 SF |
| Lot Size | 0.16 AC |
Amenities
- Security System
- Fully Carpeted
- Direct Elevator Exposure
- Air Conditioning
Contacts
-
Charles Bongiovanni -
Alex Puglia -
Belle Property Commercial - Melbourne North
Presented by
70 Racecourse Rd
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