Victorian Real Estate is pleased to present For Sale - 233-233A 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 or development opportunity (STCA) with outstanding potential and options, 233 Union Road, Ascot Vale, offers retail premises, currently tenanted (hair salon) plus 233A offering spacious office space with front and rear access in a highly sought-after location.

Well positioned within long established retail precinct, and within rapidly developing inner city location, with a generous rental income of $93,774.60 plus GST & outgoings on the commercial dwelling.

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

Making a bold statement, this exceptional property brings together the flexibility of commercial, retail and residential 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 years - market review August 2024
- Yearly 3% CPI increases
- Rental income of $50,756.76 plus GST and outgoings.

233A Union Road, Ascot Vale:

- Total of five offices/bedrooms with Union Road & rear access
- Two well-appointed compact kitchen
- Two bathrooms & toilets
- NBN connection, alarm, intercom
- Heating/cooling throughout
- Public car-parking at rear
- Rental income of $43,017.84

Inspections by appointment

For further information or to arrange an inspection, please contact Colin Rounds on 0419 015 8....