High Exposure Shop & Residence – In Booming Inner North

  • $900,000/Contact Agent

Property Description

Stonebridge Property Group are excited to offer 407 Mount Alexander Road, Ascot Vale for sale via on-site public auction, Thursday 10th March 2022 at 10:30am.

Key property highlights include:

– Offered over two distinct floor plates totalling 250 sqm* including a high exposure retail and commercial ground floor and boutique first floor two-bedroom residence.

– 43 m* of prime frontage to Mount Alexander Road and 22,000^ daily passing vehicles.

– Favourable Commercial 1 Zoning allowing for rear lightweight construction options and multiple current building outcomes including retail, office, residential, business, entertainment and community uses.

– Exceptional city fringe location, only 150 m* to the largest Woolworths Metro in Victoria, 200 m* to Dan Murphy’s and 4 km* to the Melbourne CBD.

– Offered with a lease to Bae Juice Pty Ltd expiring 01/11/2022.

– Dual access points via Mount Alexander Road and Bank Street allowing for a multi-tenancy strategy and immediate increase in capital value.

– Rear access via right-of-way providing off-street parking and further retail options.

– Direct access to the 59 Tram and Ascot Vale Train Station (950 m*), Citylink (850 m*) and bicycle network all providing direct linkages to the Melbourne CBD and inner North-West precincts.

*Approximate.

^ Source: https://discover.data.vic.gov.au/dataset/traffic-volume^

To obtain further information, please contact the exclusive selling agents Stonebridge Property Group.

Stonebridge Property Group:

Max Warren
0488 296 892

Nic Hage
0448 782 594

Sarah Xi
0468 320 297

Property Code: 366

Video

You might also be interested in

Contact our property experts to discuss your requirements

Compare listings

Compare