Property Description

Victorian Real Estate is pleased to present For Sale – 233 Union Road, Ascot Vale.

Delivering convenience, amenity and lifestyle choice in abundance, Ascot Vale is a vibrant, suburb only six kilometres from Melbourne’s CBD.

Showcasing a unique investment opportunity with powerful potential and options, 233 Union Road, Ascot Vale, offers retail premises, currently tenanted (hair salon) plus two upper level, separate, self-contained serviced apartments in a highly sought-after pocket.

Complemented by Union Road’s boutique retail shopping strip, plethora of cafes, transport links, schools, the Royal Melbourne Showgrounds, Flemington and Moonee Valley Racecourses, parklands and the Maribyrnong River, this inner-city hotspot sets the standard in urban living.

Well positioned within long established retail precinct, and within rapidly developing inner city location, with a combined generous rental income of $84,740.37 per annum plus GST and outgoings.

Making a bold statement, this exceptional property brings together the flexibility of commercial, retail and accommodation possibilities in a highly prized location.

233 Union Road, Ascot Vale:

– Retail shop front operating as a hair salon
– Stylish décor, alarm, security camera
– Expansive basin room
– Kitchenette, laundry & storage room
– Secure 2-car remote garage
– Ample storage area
– Lease terms 5x3x3 with yearly 4% CPI Increase
– Rental income of $47,740.37 plus GST & outgoings

233A Union Road, Ascot Vale:

– Total of five offices/rooms with Union Road & rear access
– Two well-appointed compact kitchen
– Two bathrooms incorporating European laundry
– NBN connection, alarm, intercom
– Heating/cooling throughout
– Public car-parking at rear
– Lease terms 4x2x2 with yearly 4% CPI Increase
– Rental income of $37,000 per annum plus GST & outgoings

Private Sale

Inspections by appointment

For further information, please contact Colin Rounds on 0419 015 879.

Address Map
233 Union Road,
E144° 54' 57.3''
S38° 13' 40.8''

Highly-Rated Position, Outstanding Opportunity

233 Union Road, Ascot Vale

294 m²
Basic Details
Property Type : Commercial
Listing Type : For Sale
Price : $2,050,000
Building Area : 294 m²
Land Area : 247 m²